college costs

10 Reasons Why You're Not Feeling Better About the Economy

The Dow is cruising at new highs, 236,000 jobs were created in February, consumer confidence is up, and Americans are feeling secure enough to take on new debt again. But if you're feeling somehow left out of the party, you aren't crazy. Things are still far from golden.

The Surprising Generation that Has a Handle On Its Finances

We all know that we should save more and spend less, but we don't always follow that advice. When you break down our responses to the financial crisis by generation, however, some interesting patterns emerge -- and you probably wouldn't guess which generation is doing the worst at financial wellness.

Parents Cutting Back on College Spending, Says Sallie Mae

Families are implementing more cost-saving strategies to cut college spending, choosing less expensive schools and finding more economical ways for students to attend, according to a study from Sallie Mae, the country's largest student lender.

Are Some College Trustees Abusing Their Trust for Profit?

Ever wonder why college is so expensive, or why schools' big endowments aren't bearing more of the burden? Well, past of the problem may be that the trustees investing those endowment funds are taking better care of themselves than they are of their schools' money.

Are College Cost Calculators Flunking the Math?

Oct. 29 is the deadline for U.S. colleges to put "net price calculators" on their websites -- tools intended to estimate the real cost of attending for each specific student. But the most widely adopted calculator is inaccurate -- to the tune of thousands of dollars, experts say.

College Dropouts Cost U.S. Billions in Lost Earnings

When students drop out of college, it's not just disappointing for them and their parents -- it's also bad news for Uncle Sam, and even for their next-door neighbors. According to a new report, a single year's worth of dropouts cost the nation $4.5 billion in lost income, and lost federal and state income taxes.

Are You Photoshopping Your Finances?

It's one thing to use Photoshop to make your waistline look slimmer in your snapshots. Many people also take a distorted view of their finances, fooling themselves about the health of their balance sheets. Here are some common self-deceptions.

10 Colleges with the Best Financial Aid

Worried about how to pay for college? The Princeton Review this week released its financial-aid ratings for more than 600 U.S. colleges. Find out which ones came out on top.

Money 101: How to Save Cash in College

With college costs rising, it's more important than ever for students to be financially savvy. Here are 15 things you need to know to graduate with a bank account at the top of your class.

Finding the Best (and Worst) Deals in College Tuition

Putting kids through college is something most parents expect will cost a bundle -- and it does. Just take a look at the Department of Education's College Affordability and Transparency website, which gives the lowdown on the costs, as well as trends in tuition rates. It's not a pretty picture.

Obama's Balanced Approach to the (Household) Budget

During an impromptu drop-in at a conference of personal finance writers, President Obama was asked: How does he approach his own household finances? His response was timeless, irrefutable, and not quite consistent with his prescription for the federal government.

If You Can't Afford Your Student Loans, Don't Borrow More

On a recent Today Show Money 911 segment, a caller said she'd filed for bankruptcy -- but that didn't free her from her student loans. She then asked how bankruptcy would affect her ability to get more student loans. Clearly, she isn't learning the right lesson from Chapter 11.

What College Dropouts Cost Taxpayers: $9 Billion a Year

A new study by the nonprofit American Institutes for Research set out to tally the costs associated with freshman students who don't return to the college where they initially enrolled. It found that taxpayers foot a pretty steep bill.

A Roadblock for New Rules on Loans at For-Profit Colleges

Consumer advocates have been pushing for the government to curb excessive debt loads among graduates of for-profit colleges. But Education Department rules on this issue have been delayed. The regulations should be passed -- and extended to all colleges, not just for-profit ones.

Why You Should Pay for College Without Financial Aid

A $15,000-a-year state college and a private one with much higher fees that are reduced to $15,000 by financial aid and scholarships -- paying for either is the same, right? Wrong! Find out why the cheaper option will save you many money headaches.

How the Banks' Student Loan Gravy Train Finally Got Halted

With President Obama signing the Student Aid and Fiscal Responsibility Act into law (included in the landmark health insurance overhaul), it marks the end of decades of unnecessary subsidies to banks and will save taxpayers $61 billion over 10 years. Its passage wasn't easy.