Higher education has long been considered the key to escaping poverty, but it doesn't come without a price tag attached. For black students, the cost is often higher than their white classmates.
Having helped over 1,000 lawyers with their student debt in the last three weeks alone, we have perspective on which states are most attractive destinations for young lawyers trying to repay their law school debt.
The problem of spiraling college tuition costs are the result of colleges' increasing dependence on federal and private loans. Colleges have continued to hike up their sticker prices with little risk as students and taxpayers absorb the financial burden of student loan payments and defaults.
Even simply knowing exactly what you're paying each month can be tough if you're repaying multiple loans with different billing systems, interest rates and complications. Here are three things you can do before December ends in order to save yourself both money and time in 2015.
Student loans can be a minefield. Many graduates put off refinancing their student loans simply because they don't understand the process.
Acquiring student loan debt can be an intimidating, confusing process; however, in today's educational environment, it's often a necessity in order to finance a college education. With proper advance knowledge and research, student loans are a worthwhile option.
Despite the sticker shock, the public has consistently believed that college is worth the money -- though questions that mention actual dollar amounts tend to leave respondents somewhat more skeptical.
Who would have thought it? Would you believe there is set of financial tools and resources out there just waiting for you to stop by and give them a spin?
I graduated law school with $206,000 of student loan debt (woof). While I have paid off $50,000 in three years, I still have $156,000 to go. For all you student-loan-debt-suffers out there, no doubt your student loans affect your life.
Student fees have yet again been raised at the University of California, with the University of California Regents on the precipice of approving a plan to increase fees over the next five years, resulting in an eventual 25 percent increase from current rates.
Graduating from college affords you the luxury of living your dreams. Yes, it requires some hard work and perseverance but I promise you, your destiny is within reach.
The best thing Republicans had going for them in this election was the fact that they weren't in the same party as President Obama. But it would be a huge mistake for them to act as though this was an endorsement of their policies -- a mistake they seem likely to make. A mistake that seems destined to be part of the 2016 Republican autopsy.
Public Service Loan Forgiveness is an invaluable tool for retaining lawyers for long-term public interest careers and closing the justice gap. It is not the cause of high law school tuition and it is not making law students willing to borrow more.
One of the best-kept secrets in the college admissions process is the fact that tuition sticker prices rarely tell the whole story.
Investing paired with smart personal finance skills, like budgeting and tracking expenses, is the fastest way to wealth. The earlier you get started investing the better.
You may have missed this story about a radical new approach to the the student loan issue. Yes, we are swimming in so much news and information at times it can be hard to keep track of it all.