You’ve probably experienced sticker shock if you’ve ever taken a peek at the cost of a for-profit college. (These are the schools you see advertised on television that are typically focused on teaching students a single trade or career path.)
If you’ve researched the post-graduate debt for these schools, you were probably even more aghast. [...]
I was shocked and upset when I read November’s reports that student debt was outstripping potential post-graduate income–and I am even more stunned that this kind of borrowing is becoming even more commonplace.
Luckily for these students, the new loan repayment plan under 2007’s College Cost Reduction and Access Act finally went into effect July 1st–and [...]
It seems students will go to great lengths for a free lunch (the article about how to get free food in college over on our sister blog, Surviving College Life, has been particularly popular). What too many chrome://foxytunes-public/content/signatures/signature-button.pngstudents don’t understand is that when it comes to credit card marketing, there is no such thing [...]
Credit card debt has long been a problem for America’s youth - even before the recession began, students were using credit cards to help pay their college costs. Unfortunately, as tuition and fees rise and the economy suffers, more students than ever are putting their college bills on plastic.
Debt on the Rise
For over a decade, [...]
Sure, you may not be a fan of the latest music videos, but a recent endeavor by MTV may have more parents standing up to say they want their MTV!
Awareness for the Next Generation
In an effort to help raise awareness about the pitfalls of debt, MTV’s college-focused arm (mtvU) created a new website called InDebtEd.com.
The [...]
Unfortunately, graduating with student loan debt seems to be an ever-increasing trend; and with college costs rising at two times the rate of inflation, it’s understandable. The trouble is, even with a steady job, high amounts of debt may be difficult for new graduates to handle.
A Different Path
For a lucky few who qualify for [...]
Two public universities in Iowa—U of Iowa and Iowa State—have signed deals with their alumni associations to help them make more money off their students. The Des Moines Register reported that the two schools will be both endorsing and promoting Bank of America credit cards on their campuses, in exchange for a profit.
Hmm. [...]
If presidential candidate Bill Richardson gets his way, students will be rewarded for service to their country in a way that counts financially.
While in New Hampshire on Labor Day weekend, Richardson stated that he thought that the United States should offer incentives to students who give back to their country. In his mind, a [...]
Sallie Mae Debt Sets Student’s Finances Back by 17 Years
The Watchdog, a consumer-protection section in the Star-Telegram, recently ran an article about a student loan debt gone wrong. I was interviewed for the article to clarify the state of student education loan borrowing. I feel it is imperative that I share the story [...]