student loans
College costs are rising, student loan debt is nearing $1 trillion, and money is still tight everywhere. So if you're a parents or a soon-to-matriculate student, you'll want to hear what the Princeton Review's Rob Franek has to say about the best value colleges of 2012.
With student loan default rates rising due to persistently high unemployment rates, it's easy to vilify the seemingly endless monthly payments that follow graduation. But take a closer look, and you'll find that the news about student loans is more good than bad.
Middle-Aged Workers Flock Back to School ... and Student Loans
12:20PM 1/27/2012
The best route to a secure job still runs through the classroom, and droves of middle-aged Americans are following it. The proof is in the lending: The fastest growth in the student loan business is among people in their 40s. But are they making a good investment, or a bad bet?
Grad School Math: Which Degrees Are Worth the Debt
10:45AM 12/29/2011
With unemployment high and wages stagnant, now's a rough time to be entering the job market. Historically, when a harsh economy awaits, young people tend to run for cover in grad school. It's a smart strategy -- unless you pick the wrong field of study.
Decades Later, Student Loan Default Still Haunts Borrower
11:05AM 11/08/2011
President Obama recently announced a plan to provide relief to student loan borrowers,
but for the millions already in default on such loans, that help comes too late. Failure to repay those loans can wreck your finances permanently. Casey Zimmerman Thompson is a cautionary tale: More than two decades ago, she borrowed just $7,100.
How to Go to College Without Going Broke (and Yes, You Still Should)
2:15PM 11/03/2011
Between rising tuition and a weak job market, some pundits argue that higher education isn't worth the money anymore. But college grads on average earn more than twice as much as workers with only a high school diploma. So how can you get a degree without spending the rest of your life in debt?
Average Student Debt Hits Record High in 2010: $25,250
10:25AM 11/03/2011
A report released on Thursday by the Institute for College Access & Success's Project on Student Debt shows that members of the class of 2010 who took out loans to finance their educations owed an average of $25,250 in student debt at graduation -- a 5% increase from the year before.
Help Your Kids Save While They're Still in School
1:10PM 11/02/2011
So your resident college student is knee-deep in student loans, tuition, fees and rent payments. But infusing her bank account will sap the funds you have earmarked for your retirement. What's a concerned parent to do? Help her start building up some savings of her own. Here's how:
The amount of student loan debt in America will exceed $1 trillion this year, and this week, President Obama acted to ease the burden on millions of college graduates. Which states need that help the most? 24/7 Wall Street breaks down
the 10 states with the worst levels of student debt.
Obama's New Student Loan Plan: Could You Pay Less?
3:00PM 10/26/2011
The Obama administration estimates that close to 8 million borrowers will be affected by its new student loan initiative. That's not even a quarter of those paying down college debt, but with nearly $1 trillion owed, it's still a big deal. Here's what you need to know about the plan.
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