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.
A great number of Americans are redefining the American Dream. That was the takeaway from a recent Credit.com poll, which showed that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free. Shockingly, that's more than those who dream of owning a home.
As I scan today's landscape of challenges and opportunities for higher education, I find it helpful to think in a "3D" way as well, though the dimensions I focus on are: Demographics, Debt, and Digital Learning.
Dear Steve, Hi, I've been reading about how to go back to school while in debt with another university, however, nothing has helped. I went to a pr...
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Don't flunk out when it comes to saving for college. Learn about the true costs and honestly assess your financial situation.
Graduation rates, post-graduation employment rates, and loan repayment rates are crucial metrics for all schools, and we should make this data widely available. Beyond this, however, one size does not fit all.
College, like home ownership, used to make universal economic sense. Now both housing and higher education look like relatively bad investments, at least for a segment of the population.