It’s not like buying lottery tickets is particularly difficult. But because states continually want to increase revenues via rising lottery sales, they’re constantly looking for “innovations” that make lottery tickets easier to buy and available at every turn—like at the gas pump, the ATM, or just the computer screen.
Educational Financing
The $7,000 Computer Science Degree — and the Future of Higher Education
Tired of student-loan debt? One prominent technology school is offering a three-year master’s degree in computer science that can be earned entirely online — and that will cost less than $7,000.
Car? House? Sorry: Graduates of 2013 Are Each $35,200 in Debt
Student debt is creating the most debt-ridden twentysomethings in modern history, and we’re all going to pay a price. Here’s the best advice from new grads.
Elizabeth Warren: Students Should Get the Same Rate as the Bankers
Consumer protection maven Sen. Elizabeth Warren, D-Mass., introduced her first piece of legislation this week, a proposal that would allow students to take out government educational loans at the same rate that big banks pay to borrow from the federal government.
Under her Bank on Student Loans Fairness Act, for one year, new student …
Yes, Really: Private Colleges Offering More Financial Aid Than Ever
Call it the couponing of higher education. After years of skyrocketing tuition costs, many private colleges in the United States are ramping up their financial aid packages in an attempt to attract new students and boost sagging …
Face the Red: This New Short Film Will Scare You Into Paying Your Debt
For many student borrowers, when repayments kick in six months after graduation the looming debt can feel as though it’s following them around like a dark cloud. Face the Red, a short film from the directors of Martha Marcy May Marlene, cinematizes that feeling by having a menacing red cloud follow around the film’s star.
How Much Will It Matter If Student-Loan Interest Rates Double?
The bell has been rung in the next round of the fight over student-loan interest rates, and borrowers could take it on the chin this time. On July 1, if Congress does nothing, the interest rate on federally subsidized Stafford …
Financial Independence? Today’s Young People Don’t Expect It Anytime Soon
In a mere two years, the proportion of teenagers who expect to be financially dependent on their parents until their mid-20s has doubled. That gives us all another reason to feel sympathy for parents who have teenagers right now.
Dunk City & Dollars: Florida Gulf Coast Bandwagon Means Big Bucks
A nation of fans is currently fascinated with an entire team—Florida Gulf Coast, the first No. 15 seed to ever make it to the Sweet 16 round of the NCAA tournament. And the impact goes well beyond soaring team apparel sales.
Viewpoint: Stop Calling Student Loans a “Bubble”!
Ever since the financial crisis, Americans have begun to see bubbles everywhere they turn. The damage wrought by the real estate bubble has been so extensive that the nation is rightfully terrified that another asset bubble is …
List Price = Joke Price: 4 Examples of How Original Prices Are Meaningless
When almost no one pays full price, what does “full price” even mean? From cars to college to health care, consumers today are surrounded by huge markdowns—which, when you think about it, wouldn’t exist if goods and services weren’t marked up so high in the first place.
Why Can’t People with Student Loans Refinance at Better Rates?
Thirty-seven million people with $1 trillion in student debt have been unable to take advantage of historically low interest rates. Is it time to invite them to the refi party?
