For many families, the costs of child care and college are obviously intertwined. Parents pay for the former so that they can …
tuition
Million Dollar Babies: What It Really Costs to Raise a Child
Last week, the Department of Agriculture announced that the cost of raising a child is now estimated to be $234,900. The fact that this figure represents an all-time high probably set some new and expectant parents into a panic. …
Where Are College Costs Going Up? 14 Public Universities with the Fastest-Growing Tuition
Woman With Asperger’s Dodges Bullet on Nearly $340,000 in Student Loans
A bankruptcy judge has ruled in favor of a Maryland resident who claimed she could not repay her student loans because her Asperger’s syndrome prevents her from holding a job.
Saving for College: Most Parents Flunk the 529 Test
With student debt at $1 trillion and counting, and tuition rising 8% a year, it seems impossible that anyone would not know about the smartest college savings tool out there: the 529 plan. Alas, stunning numbers of Americans are in the dark.
Sandwich Generation: Old Story, New Problem
Boomers were the first to struggle en masse with both the financial needs of kids in college and retired parents outliving their nest egg. Now, the kids may be out of college—but moved back home. Meanwhile, mom or dad has not …
6 Common Misconceptions About Financial Aid
So, you’ve gotten into college (congrats!), filled out your FAFSA (great!) and are now staring at a financial-aid award letter, wondering what to do next (uh-oh). As the May 1 deadline to accept financial-aid offers approaches, …
Student Loans: For a Great Deal, Borrow from Alumni
An alumni network at 40 universities looks to make student loans more affordable while cutting the default rate and providing lenders with a decent return.
How to Get a Bachelor’s Degree for Less Than $10,000
When Texas Gov. Rick Perry called for a $10,000 bachelor’s degree in his State of the State address last year, a lot of people rolled their eyes. The Austin–American Statesman’s headline read: “Perry’s call for $10,000 …
Why the Student Loan Situation Is Worse Than We Thought
The latest report by the Federal Reserve Bank of New York shows how dire the financial situation has become for college students with outstanding loans.
One College Slashes Tuition by 22%, Promises No More Silly Financial-Aid Games
Shopping around for a college education can feel a lot like shopping for a new car — in that very few people wind up paying the sticker price. Many colleges set tuition prices with the assumption that, on average, students will pay 33% less, thanks to financial aid and scholarships. But one university has decided its pricing strategies …
Obama Wants to Force Colleges to Reduce Tuition, but at What Cost?
In his State of the Union address on Tuesday night, President Obama “put colleges and universities on notice.” Find a way to stop tuition from going up, he told them, or risk losing federal aid money. Following up on that …
