Graduation

5 Practical Money Tips for New Grads

Beyond the usual platitudes and cliches, commencement speakers should consider giving their audiences of eager graduates these five crucial pieces of advice.

From Diploma to Default: More Students Fail to Pay Back Loans

For a growing number of U.S. college graduates, a diploma marks the beginning of financial difficulties. The Education Department says those who were scheduled to begin paying back their student loans in 2007 were 52% more likely to default within two years compared with those who left college two years earlier.

Are Too Many Kids Going to College?

The Bureau of Labor Statistics reports that 70.1% of 2009's high school graduates were enrolled in college classes last fall, up from 68.6% a year earlier. The typical initial reaction to this news is to say, "Great! Educational access for everyone!" But hold your cheers: There are a couple of big problems.

To Succeed After College, Avoid Taking Out Student Loans

To get that coveted college degree, many students are borrowing more than they can easily afford to pay back. A new report shows nearly one-fifth of graduates have more than $30,500 in student loans. To prosper in life, students may want to consider alternative ways of paying for college.