After the Great Recession, falling revenues and shrinking budgets caused many states to reduce their investment in higher education. This, in turn, led to higher tuition, which drove up the need for students to take out loans to pay for school.
No wonder the crushing debt students face is not on the minds of either mainstream politicians or educational leaders. It is unlikely their children will ever have to face that dilemma. So once again we are on our own.
Graduation day itself was a sunny day, but my future didn't look as bright as it did uncertain, if not ominous. I was graduating without a job, with no savings and with six-figure debt.
If the P-12 education system is all about preparing its students for success in adulthood, then college preparation is obviously a must. In the fall o...
Futures that will include their diligent and disciplined use of money. So it makes it critical that I share some personal finance tips with graduates and their families.
While the seas will be rough, you don't have to feel like you bought a ticket on the Titanic. If graduates face repayment in an open way, communicating regularly with lenders, there are solutions -- although none of them get you a Get Out of Debt Free card.
It's true that for-profits disproportionately serve students of color: African-Americans make up 14 percent of the total student population, but make up 29 percent of for-profit student population.
Individually, we may thrive by enhanced debt forgiveness but collectively, we retreat with considerable increases to our national debt obligation that we likely cannot afford.
When children are home, the parents can watch over them and provide financial advice, but when they are away, they can be tempted by easy credit and luxury buys. Here are four financial lessons to teach your college student that will help him or her make wiser financial choices.
Federal loans and grants don't come close to covering Phoenix's high prices, and like other big for-profits, the University of Phoenix does not normally provide anything like the level of in-house scholarship funding to lower-income students that many nonprofit and state colleges offer.
Whether we are talking about the perfect body or the perfect bottom line, a sustainable, new you is created through a healthy regimen that includes diet and exercise. So... here are 11 ways to get fiscally fit once and for all.
Where are all the educators who once warned their students so correctly about the dangers of paradigm shifts? Why are they not demanding reform and accountability within higher education today?
We need to stop presenting college as a time when women can and should be getting perfect grades, have legendary social lives and universally satisfying sexual experiences and instead present it as a nuanced experience full of all kinds of emotional, psychological and academic experiences that are different for women.
The biggest problem that owners of crippling student loan debt face is the lack of opportunity to find a career in their field of study that would allow them to pay back these loans.
You may already know your interest rate like the back of your hand, but what about the difference between your interest rate and your Annual Percentage Rate (APR)? Learn these five concepts so that you can know where you really stand with your finances and student loans.
Being a part of the upper echelon of higher education administration comes with significant responsibilities, as you know. Chief among them is the occasional need to write emails sent to the entire university community.