Colleges and universities are blamed for the high costs resulting from not controlling expenses. Less well-known is that state governments by reducing their support of public colleges and universities are also culpable for increasing the burden of loan indebtedness.
By Mario Gutierrez, Supervising Financial Counselor, New York Legal Assistance Group In an effort to encourage Americans to establish and maintain he...
The vast majority of young Americans are starting life after college in a financial hole, while higher education and our government do the minimum in terms of educating them about personal finance issues.
Do you need money for college? If you are going next semester, then you are probably among many people who may be in need of financial aid. In fact, 85 percent of college undergrads receive financial aid.
When used correctly, student loans can be your best friend. However, that can change if you don't make your payments. Delinquency and default happen w...
Since many financial planners believe that Social Security payments alone won't be enough to cover a person's expenses in retirement, borrowers need to find ways to save for retirement and pay for their student loans. Here are some strategies that could help you.
You've probably heard by now that the Federal Reserve executed a long-awaited interest rate hike in December. Though this move was both inevitable and sorely needed, it's not great news for borrowers. In fact, your student loan interest rates might have gone up as a result.
Perhaps she was doing the usual political exaggeration in order to feel our pain -- the flip side of coming under sniper fire in Bosnia when you weren't -- that sort of thing. Or maybe, she misremembered her actual income. It might have been much lower than she recalled on Tuesday. It certainly must seem like chicken feed if you're accustomed to receiving from Wall Street $250,000 per speech.
Right now families are weighing options for schools and crunching the numbers. Surrounded by flattering acceptance letters, shiny brochures and lofty promises, they need more leverage.
Social good. It comes in many forms. Consumers feel good when they know that their dollars are being spent on their favorite products and contribu...
Student loan debt is so paralyzing that 49% of young workers would prefer to work at company that offers a student loan aid program than a company that offers a 401(k) retirement plan.
Being "financially literate" means more than knowing the difference between a stock and a bond -- it means understanding that businesses go for their bottom line before they watch out for your pocketbook.
One demoralizing aspect of paying student loans is the interest. Each month, only some of the money you send off is actually going toward the principal - and your education is costing far more than the sticker price.
Team Hillary should be extremely worried. It's not just that she has suffered landslide losses in the past five caucus states. It's that she's overwhelmingly lost the youth vote of all colors, everywhere, and she'll never get it back.
The new company contribution plans for student loans that are winning media attention lately are more than just great PR -- they actually knock down employee debt.
There are scholarship applicants, and then there are scholarship winners. Often, what separates the two is a little something extra. Here are five of...