With more graduates defaulting on educational loans, schools like Yale and the University of Pennsylvania are taking drastic measures to ensure repayment
Educational Financing
How a $54K-Per-Year School Is Deemed a ‘Best Value College’
The private universities listed in a new “Best Value Colleges” roundup run $54,200 annually for tuition, fees, books, and room and board. That sounds pretty expensive, and it is. Could it also represent a good value? What if students actually paid less than half the list price?
Student Loan Debt Crisis: How’d We Get Here and What Happens Next?
The amount of student loan debt and the rate of delinquency have been climbing for years now. If it seems like every new statistic is worse than the last, that’s because it is. Credit bureau TransUnion says more than half of student loan accounts are in deferral status, and FICO Labs found that a rising number of those debtors aren’t …
10 Tips for Getting the Most Out of College Financial Aid
Financing a college education is something that parents of both toddlers and high school seniors have to be concerned about. We talked to several financial aid experts about the best ways to get the most out of the FAFSA.
Selling Their Futures: College Grads Promise a Slice of Their Future Income for Cash Now
Upstart gives bright college students an opportunity to repay debt in a way that encourages them to take more business risks.
The Myth of the Four-Year College Degree
Though college is typically billed as a four-year experience, most students actually need much longer to earn a bachelor’s degree.
College Costs: Will Tuition Discounts Get More Students to Major in Sciences?
To steer more students into high-paying fields, Florida is considering freezing tuition rates in certain areas. Will it work?
Top Three Flawed Arguments of the Anti-College Crowd
The anti-college movement has been the subject of increasing media coverage over the past few years. Worry about rising debt loads, soaring default rates, and high unemployment rates among recent college grads — combined with the high-profile success stories of a few dropouts-turned-billionaires — has generated a cottage industry of …
Is the Student-Loan Debt Crisis Worse than We Thought?
A new report from the Federal Reserve Bank of New York delivers generally positive news about the economy with one glaring exception: student-loan debt. The amount of debt and delinquencies are climbing, and some experts say the …
With Obama Win, Wall Street Cop Stays On the Beat
This week’s election was a cliffhanger for many people, but the stakes were higher than most for the director and staff of the Consumer Financial Protection Bureau. The agency, which opened its doors in July 2011, was a …
How Saving for Retirement Might Backfire
Saving for retirement is now the top financial goal of the vast majority of people who hold a job, according to a recent T. Rowe Price survey. That’s great news. We have a savings crisis in America and we’re finally taking it …
Why College May Be Totally Free Within 10 Years
Higher education is in transition and with a coming proliferation in online courses could be totally free for many within a decade. The status quo won’t yield easily. But this is looking like a real answer to runaway student debt.
