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.
The Obama Administration is transporting Wall Street logic into higher education by proposing to measure the value of a college by the earnings of its graduates. This conceptual coup may be the best news for Wall Street since the abolition of Glass-Steagall.
Should students be borrowing more, not less? It's a relevant question for minorities in particular, since they are hit harder by crushing loans. Students of color are more likely to take on more student loan debt and graduate with more debt as well.
Last year while visiting Le Havre, I talked with a young waiter working two jobs to save enough money to go to school to specialize in international law. I asked him how much money he needed, and when he told me 4,000 euros, I almost laughed.
Starting college can be one of the most important and exciting times of a person's life. It's also an important time to think about managing your money and how to enjoy your college experience without worrying about where your next meal will come from.
Much of the racial wealth gap is a result of deliberate policy choices, both by government and the private sector. And because wealth can be handed down from generation to generation, the effects linger long after discriminatory policies change.
Obama administration's decision to crack down on college tuition hikes has been long in the making. Our deeply flawed student aid model has pushed tuitions so high that the bubble is about to burst.
Taxpayer-funded tuition dollars aren't just paying for teaching; they're paying -- in full -- the costs of attracting the gravy-train pipeline of student borrowers! Detroit's automakers would envy that advance form of bailout.