The news just keeps getting worse for college graduates. According to a report out today from the Project on Student Debt, college seniors who graduated with student loans in 2010 owed an average of $25,250—the highest level …
Educational Financing
How to Calculate the Real Cost of College
Obama’s Student Loan Plan to Offer Welcome Debt Relief
In a move sure to be popular with recent college graduates, the Obama Administration released details of a plan Tuesday that will ease the burden of student loan debt.
Save for Retirement or Pay Tuition? Most Parents Are Making the Wrong Choice
With all the hand wringing over the high cost of college and amid an increasingly loud debate as to whether the expense is worth it, parents by a wide margin see saving for tuition as equally or more important than saving for retirement.
Simply Finishing College Offers the Best Chance to Gain Financial Education
A new report paints a dim picture of success in college. Meanwhile, the failed pursuit of a college degree leaves many in a financial straight jacket: They owe tens of thousands of dollars in student loans and have a diminished …
A New ‘Poor Students Need Not Apply’ Policy at College?
The retailer’s favorite customer isn’t the bargain hunter who purchases goods on sale, but the shopper who happily pays full price. Same goes for colleges nowadays. Many American universities admit that they are actively trying …
The 20 Colleges With the Most (and Least) Student Debt
Each year, U.S. News & World Report releases a list of the nation’s best colleges. In the 2012 edition, they also included a ranking based on the amount of debt the class of 2010 had upon graduation. These are the 10 schools that …
New Sallie Mae Book Offers Advice on How to Pay for College
QuitAssist is a website Philip Morris offers to help you quit smoking the cigarettes that they sold you in the first place. And there’s Mohegan Sun’s Responsible Gaming hotline, which helps gambling addicts who throw their money …
More Families Saving Money for College in Preschool Years
Hey, kids! Start saving your lawn-mowing or babysitting money. As the cost of higher education skyrockets, the amount parents are contributing has shrunk significantly since the pre-recession years. According to Fidelity …
Back-to-School Special: 5 Top-of-the-Class Credit Cards for Students
While the Credit CARD Act cut down on a lot of the shady marketing practices credit card issuers used to target college students, there are still a plethora of cards out there for the campus crowd, and wading through them can be …
Student Loan Delinquency Rate on the Rise
If you believe conventional wisdom, student loans are “good” debt: They’re safe, lead to higher incomes, and generally pay off in the long run. The problem is that an increasing amount of evidence is showing that this thinking is distinctly unwise.
Affluent Parents Won’t Give Kids Free Rides for College
A new study from Bank of America reports that 47% of Americans with more than $250,000 in assets won’t pick up the full cost of their kids’ college degrees.