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.
If you were following the news on student loans in 2014, you probably saw a year of growth, change, and new players gearing up to address a broken student loan market. You might now be asking, "What's next?"
In November 2014, The Institute for College Access & Success (TICAS) released "Student Debt and the Class of 2013," its annual report on the student loan debt of four-year college graduates.
Huffington Post Reader Question Dear Steve, My husband received a call from the EOSCAA in Nov, 2013 that he owed $56000 on a student loan. Between N...
The realities of a shrinking clergy labor market, and seminary tuition costs outpacing inflation, leave some facing debts of $80,000 or more trying to find work in a relatively low-paying profession. The burden is falling particularly hard on prospective minority clergy with the fewest resources, analysts state.
Becoming part of 2,300+ year old tradition, a tradition much older than the current trend of anti-democratic capitalism, is not only an honor but a responsibility.
America is the richest country in all of history. We have the largest economy and the largest number of millionaires and billionaires. At the same time, however, we lead the developed world in economic inequality.
In 2015 one of my primary wishes is that all of us will concentrate on treating other people with respect. I have just scratched the surface; I encourage you to give this entire matter some very deep consideration.
In case you may not have heard as yet, Occupy Wall Street's "Strike Debt!" (SD!) working group has a modest goal in mind for 2015: to organize America's debt-burdened college and university students into a union strong enough to bring today's institutions of higher learning to their knees.
Huffington Post Reader Question Dear Steve, I was a student at New York University from 1996-2000, receiving my degree in film. As an irresponsible ...
The cost of a medical education can surpass $300,000. Every day at Credible, we witness many physicians seeking better ways to manage their medical school debt, despite often having high salaries.
As an employee of a bank offering a national student loan refinance and consolidation program, I often speak with recent graduates looking for guidance on questions regarding their student loans. So, for those of you who still don't fully understand how student loan refinancing works, let me help you out.
When we found out expectation paired with effort wasn't the end all, we added new needs to the equation of success. These needs became creativity, the ability to see beyond expectation and hard work, and the need to change the landscape of what we want success to be.