The finances of getting a college degree should not be entered into without contemplative consideration or just based on assumed faith.
Should we encourage people to borrow to go to college? The expected returns to a college education clearly say yes. And, our natural bias as university faculty members is to be very supportive. But, we are obliged to caution that what may be true in most cases will not be true in all.
Where are we now? Income disparity soars, student loans threaten to be the next subprime mortgages, and millions of Americans struggle daily to make ends meet. Unmanageable, crippling debt is still harming millions of American families.
Huffington Post Reader Question Dear Steve, My husband and I both went to school at ITT Tech, a for-profit college. My husband got a Bachelor's degr...
This summer marks the first time that young adults like me across Illinois, who are often engaged but not always united, are putting our heads together to debate a better, more comprehensive state agenda for our peers.
An unsettling new normal has emerged in the wake of the Great Recession. There is an evolving relationship between student loan debt and homeownership in America. And it's not a good one.
While it's too late for those who already went to school and racked up high debts, it's not too late for those who are in school now or heading off to school soon. Those members of Generation Y can stop the cycle of racking up debts that will take decades to pay off.
The mantra is everywhere: a college education is the only way to climb out of poverty and create a better life. For-profit schools allow Wall Street investors and corporate executives to cash in on this faith.
In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble. But workers who move to a place like Atlantic City for a job and invest in a home have no such protection.
Your personal financial goals have great influence over your repayment plan choice. If your financial situation improves over time, you may be in a more comfortable position to make prepayments to eliminate your remaining student debt.
As the result of an unprecedented "search and destroy" campaign by Occupy's Strike Debt Working Group and their Rolling Jubilee team, 2,761 individuals have been unburdened of their student debt to the tune of $3,856,866.11.
This past Friday, Bill Maher announced Rep John Kline as the winner of his #FlipADistrict Campaign, a contest which Maher created to find the worst representative in the country and oust them from office.
America's homeownership divide is not only a problem in and of itself, but a symptom of many other obstacles to wealth accumulation that disproportionately affect America's black population.
Many college graduates are delaying some of life's most important decisions -- including starting a family and buying a home -- because they face a pile of debt with no job prospects.
Student loan debt is exploding. It has grown so much and so fast that it not only crushes millions of young people, but it also has started to weigh down our entire economy.
Everyone nowadays seems to enjoy new-car interior air. But give me a whiff, any time, that brings back memories of adventures and interesting trips over a bunch of years. Here's a look at a few automobiles that I'd pick in a second over a Lexus, that I would drive again with pride -- if only they were still here.