Knowing how much of your bonus to apply to your outstanding loans is a question without a one-size-fits-all answer, but there are steps you can take to find out the right solution for you.
The entire estimated cost of attendance for my MBA program at the University of Denver was $90,000 -- of which $67,000 was for tuition. Even for high earners, that is a lot of money to have on hand to pay for tuition and living expenses -- so taking out some student loans was the inevitable choice.
Creating an enjoyable career has much more to do with looking inward than it does with chasing high income levels. Understanding your child's personality, strengths and interests will help you influence their post-high school choices.
Currently, we have only a few of the specifics, and this week I will write about: what I do know about the proposal; the need for more particulars; arguments in favor of, and in opposition to, the proposal; and an alternative proposal.
As students look forward to attending school and experiencing all that college has to offer, they may not be thinking about how to properly manage their money. Making smart financial choices while in school will not only ease the burden of college debt, but also set them up for financial success beyond graduation.
Ironically, attending college has placed many Americans on the slow track to success.
The President has introduced only the grand idea of providing tuition-free education for all students attending community colleges, an idea which, at first glance, seems to have great merit. But at this point we know very few details.
Geographies of class and color segregation are cementing inequalities in schools. Overworked and faced with crippling debt, many low-income students and students of color drop out of university or opt out entirely.
Welcome to 2015 -- now is a good time to examine the financial changes that will impact you in the days ahead. And it's mostly good news -- some of these changes can put more money in your pocket in 2015.
The free application for federal student aid, or the FAFSA, is your ticket to paying for college in 2015, especially if your family can't afford to pay full freight.
A recent Washington Post article discussing the student debt plight of Wayne Tibak demonstrates the fundamental strengths and weaknesses of income-dri...
Instead of sending unprepared students to college, the government should be encouraging these students to get apprenticeships or vocational training by investing in these programs.
A novel funding concept is sweeping the college education funding system by storm. Income Sharing Agreements (ISAs) are a financial vehicle in which a student receives a fixed amount of money to pay for their college tuition.
I recently got an email invitation from a Democratic congressional office to come to a "watch party" to view President Obama's State of the Union address. His "fourth-quarter priorities," according to the White House-inspired talking points of the message, are "home ownership, free community college, and high-paying jobs." That sounds pretty good. But if you unpack the specifics, the president is offering pretty weak tea. Obama proposes to have the federal government cover 75 percent of the cost, if states will participate. This could save students an average of over $3,000 a year. By contrast, the original G.I. Bill of Rights of 1944 covered living expenses as well as tuition. The point is that this Obama proposal is not going to be passed by the Republican Congress in any case, so why not think big and act bold? Why not propose something that would make a major difference in the lives of millions of moderate income Americans and dare the Republicans to oppose it?
Dear Sen. Warren: I need your help and I honestly believe with my whole heart that you are the only person in our entire country who can help me -- and others like me. It has to do with my student loans; nothing to do with repayment, but everything to do with the red tape attached to getting customer service from servicers.
When unemployment, illness or a divorce force consumers to choose between paying the rent or a student loan, private loan servicers insist on full payment. So begins the chronic slide into bad credit, nasty collection calls, and eventual lawsuits.