You shouldn't make any decision, particularly a financial one, without seeing the big picture. If an inheritance is in your future, it's best to know it's coming and be able to prepare for it. This might involve some awkward conversations, but it's worth knowing what might be left for you.
A recent study by the U.S. Government Accountability Office indicated that "some 155,000 older Americans are now seeing deductions from their Social Security checks to pay off their federal student loans - up from 31,000 a decade ago."
Colleges and universities need to take the lead on this, and while there are some government restrictions on what we can do, there are some relatively simple things we can do that can make a real difference. The Responsible Borrowing Initiative at WGU is a case in point.
Peer-to-peer lending is one of the hottest trends in this new world of loans, and can change the way we look at debt -- particularly the crushing burdens of student loans and the growing expectations of post-graduate degrees.
In the middle 90's, "value" was the hot new word and every business was trying to improve its value equation -- which we operationally define as "outcomes divided by cost."
As high-school juniors and seniors start their search for the college where they will spend the next four years of their lives, they need to take a lo...
Officially, the recession ended five years ago. But there's something the financial newscasters don't tell you: Unless you're rich, those numbers don't apply to you.
Take a moment and try to remember a day during which you didn't spend money, check your credit or bank account, or worry about a financial burden. Can't think of one? Me either.
Fantasy makes great television and literature. It also makes poor public policy. Poverty denial molds how many conservatives, and even independents, understand economic deprivation.
Four months after my niece's graduation party, she got an email with a subject line indicating that she would soon need to start making payments on her student loans. Employed only part time and sharing a room in a small apartment to keep costs down, she was afraid to open the email.
You know what might help in this crisis-to-end-all-crises? Having a Surgeon General in office. President Obama nominated someone for the job last November, but his confirmation has been blocked ever since.
Americans collectively have more than $1.2 trillion in student loan debt, an amount that may cause prospective students to wonder whether college is worth the cost.
With the average adult nearly $27,000 in debt due to student loans and the rising costs of higher education, the debt crisis has become the newest scapegoat for the lagging real estate market and slow economic growth.
Nearly 40 percent of younger Americans are carrying some amount of student debt and the Pew Research Center's research shows that an inability to manage and pay off that debt can impact future earning potential.
No matter what Republicans say, President Obama is not on the ballot this November. The GOP can't seem to admit to the public that the President has already run his last race.
This is actually a guest post submitted to my on my Get Out of Debt site. However, it contains such good commonsense advice for people looking to hire...