What's the worst possible decision you can make after paying six figures for a law degree that isn't paying off? If "take on more non-dischargable student loan debt" was your answer, the William Howard Taft University MBA in Professional Practice Management is probably not for you. But, if you don't......
The news is full of stories where students paid hundreds of thousands of dollars to go to college (and beyond) only to find themselves stuck in dead end jobs and unable to pay off the cost of student loans. We have a crisis in the US in higher education. The costs have risen and the […]
If you are a recent graduate, you've probably noticed the many ads on your Facebook feed from new student loan lenders urging you to refinance your loans with them. These lenders are mostly targeting early career professionals with stable income and good credit, which explains why the ads are showing up on your feed. Show More Summary
Jacquelyn Martin/APPresident Obama speaks last June before signing a Presidential Memorandum to help 5 million Americans reduce the burden of student loan debt. By Elvina Nawaguna WASHINGTON -- The White House on Friday released a draft of its plan to rate U.S. Show More Summary
Many parents whose kids have their eye on an exclusive, private college face a difficult question: Is it worth unloading your life's savings or having your child take on tens of thousands of dollars in student loans? The average four-year private college costs over $42,000 year for tuition, room and board, after all, while the average four-year public school costs […]
If society had to choose a least favourite child, it would be student loans.
Co-authored by Melinda Clark, assistant vice president of student financial services at Saint Leo University, in Saint Leo, Florida Congress has hijacked the discussions around federal student loans, asserting that they are somehow a burden to the government. Show More Summary
Here’s the thing, when you take out student loans you sign a promissory note saying you’ll use the funds to pay for tuition related costs. If you don’t, then you’re committing something called student loan fraud. That’s apparently the case for a Pennsylvania man who must now stand trial for taking out hundreds of thousands of dollars worth of student … [More]
Over the past year we’ve read a number of reports that shone a light on just how prevalent student loans are: nearly 40 million consumer have taken out at least one loan to pay for their education. Now a new report takes a look at just how much students actually understand about the cost of their education and student … [More]
[I graduated this year, and all they gave me wuz this Maryville mug. Oh, and the diploma, which I will be paying for with my student loan’til 2050!!] (Reddit.)Filed under: Uncategorized Tagged: kitteh
What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Student loan repayment strategy 2. Unemployment question 3. Home as investment 4. Show More Summary
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Student loans are unique in the way they affect your credit, so here is what you need to know.
You know the Central-Bank-driven wealth-creation narrative has gone too far when... CNN Money - the bastion of personal financial advice introduces us to Mohammad Majd, graduate who opines "I changed my entire philosophy on debt. I started...Show More Summary
Student loan borrowers have enough to worry about, so they shouldn’t have to deal with being hounded by so-called debt relief companies promising to provide consumers with repayment benefits that actually come free of charge with federal loans. Show More Summary
A majority of first-year undergraduates can't correctly estimate how much student loan debt they're taking on. More surprising, among college freshmen who have taken out federal student loans, more than a quarter (28 percent) don't think they have any federal debt, and 14 percent don't think they have any debt at all. Those are the surprising […]
While Corinthian Colleges — the failing for-profit educator behind schools like Everest University, WyoTech, and Heald College — sorts out new owners for most of its properties, several thousand of the schools’ students are left in limbo, unsure of who is responsible for their education — and unsure if that pricey education is worth the huge loans they’ve taken … [More]
Thirteen Senate Democrats are pushing Education Secretary Arne Duncan to wipe out federal loans given to students who enrolled in Corinthian Colleges.
One of the recurring topics on Zero Hedge over the past 3 years has been the relentless increase in student loans which, as a result of their cumulative default and loss severity (including those loans which are "merely" in deferment and forbearance) has surpassed the subprime bubble in terms of size. Show More Summary
The new Forbes guide profiles star do-it-yourself investors and provides tips on retirement, taxes, stocks, bonds, charitable giving and investing in such alternatives as refinanced student loans and movies.