What is the worst kind of debt to carry? Is it student loan debt, credit cards, a mortgage -- or something else? Even the experts don't always agree on which debts are "good debt" and which ones are "bad," so imagine how confusing it can be to consumers who are dealing with debt!
I'm sorry. I need to save $1,100 A MONTH to send my children to college almost 20 years from now?!? That is insanity.
Huffington Post Reader Question Dear Steve, Our daughter went to an expensive private college, she was unable to secure loans on her own and my husb...
When choosing a college, remember that tuition cost shouldn't be the only way to calculate the value of your degree -- investing in schools with better internships, contacts or special programs can help you continue to build wealth years after you graduate.
The Consumer Financial Protection Bureau's public complaints database levels the playing field for private student loan borrowers -- giving aggrieved private student borrowers true negotiating strength in a financial marketplace that is tilted toward banks.
Public service jobs are critical for our nation's future -- from teaching our kids to keeping our communities safe -- and many college grads are eager to put their new skills to work in these kinds of careers. But crushing levels of debt often make it too hard.
As tuitions rise and the job market still slumps, many young college graduates are wrestling with the question of how to make their increasingly expen...
When it comes to student loans, the ones owned by the U.S. government, things could get problematic if the U.S. Treasury finds itself selling off its assets.
As with all decisions about borrowing money, there are many factors to take into consideration. The choices you make now could affect your child and your family for many years to come.
The real cost of student loans is the transformation of higher education from a price-elastic (price-sensitive) commodity to a price-inelastic one. As the price of higher education has increased at three times the consumer price index, students have coped by taking out more loans, while the delinquency and default rate is 20 percent and rising.
How do you pay off student loans when you need to manage other debts, fund your retirement and save for the future cost of your children's education? It starts with knowledge and a plan.
Huffington Post Reader Question Dear Steve, My situation isn't terrible. I am a 55 yo learner about to (FINALLY) graduate with my BS. I am an IT pro...
Though online courses have existed for some time, recently they have become more broadly accepted by students as a reputable way to learn.
Huffington Post Reader Question Dear Steve, Over 20 years ago, I borrowed 20K to finance my education. I earned a teaching degree and taught for 3.5...
As the song, "It Sucks to Be Me," from Avenue Q puts it, "four years of college and plenty of knowledge have earned me this useless degree. I can't pay the bills yet `cause I have no skills yet."
The federal government offers a number of different ways to pay back your student loans. In this post we'll look at income based repayment plans, some of their qualification requirements and tradeoffs to consider.