If the average twenty-something has somewhere around $25,000 of debt to their name, then I must be a highly unique member of the millennial generation. I graduated from Kennesaw State University, a fast-growing school in the suburbs of Atlanta, in 2011. It was the same year that the total amount of student loan debt in the U.S. reached a whopping $1 trillion, but when I graduated, I did so as a completely debt-free individual.
It's not a time to point fingers at the other guys and blame them for their supposed past sins. If you haven't yet noticed, millennials are a pretty savvy generation and, as this poll shows, they're damn tired of being told to blame the other party for the problems that both created.
Huffington Post Reader Question Dear Steve, I was hit by a drunk driver, suffering several acute compression fractures in my neck and back, ribs, di...
Graduating from college and entering the real world can easily put you in a state of anxiety. You may have the world at your feet, but that world involves dealing with money -- something many of us were never really taught to do properly.
Occupy Wall Street's "Strike Debt" (SD) working group and its "Rolling Jubilee" (RJ) operation is partying like the music will never end. And, if the...
We need jobs, growth and the American safety net now more than ever. Why should President Obama give up his pledge to tackle the elephant in the room known as corporate welfare?
College loans have exploded the market, and exploited our youth, in the U.S.; so why does Vittana work relentlessly to create loans for students in developing economies? The answer will surprise you. Get to know this scrappy, data-driven, crowdfunding education-equalizer.
Without reverting to the old "Do as I say rules," there are still a few things you can teach your college freshman over the holidays.
Many have proposed improving the federal student loan program to make it simpler, more targeted, and more effective, and it no doubt could be. Nevertheless, the student loan program as it stands is a good deal for both students and the government.
Brave as it is to suggest changes in a cow so sacred as the Pell, the College Board needs to go further. To succeed, the plan must promote a strong role for families to save, learn, and take control of their own college process.
It's tough to get rich saving the world, and graduates committed to social justice have a hard time competing in earned income with their counterparts who study, say, engineering, math and computer science.
For years, the EdOp Loan has been marketed as one of the "primary sources of financial aid" and carried an 18% interest rate. As I mentioned in my previous article, the mailing address listed on EdOpLoan.com happens to be the same mailing address for American Accounts and Advisers, a debt collection agency.
Huffington Post Reader Question Dear Steve, I'm a mechanical engineer of 8yrs, went to private engineering school, had to borrow full tuition/room/b...
What I learned was that while paying off student loans early may, in some cases, reduce your credit score, the advice to "be careful about paying off early" is a little misguided.
Huffington Post Reader Question Dear Steve, I have about $19,000 in government-backed student loans at 2.25%. When I graduated, I was advised to NOT...
If I had it to do over again, I would have given myself some context for how much money $20,000 or $30,000 really was. I would have spent some time thinking through each of my options, to weigh whether this was a worthy investment or not.