How I Squandered My Inheritance at Age 18

Lyn Roman inherited a small trust fund, and spent it all in a year. But the lessons she learned from her mistakes, and how she bounced back from them, have been priceless.

The Huge Costs of Student Loan Debt

Student debt in the U.S. exceeds $1 trillion. That doesn't just spell trouble for graduates--it has serious consequences for all of us. DailyFinance's Bruce Watson explains.

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.

'Dear Mom, I Wish You'd Had Life Insurance'

Brittney Lacombe's mother died with only $300 in the bank. Unable to pay the bills, she and her sisters lost their house. Life insurance would have made things a lot easier.

Saving For College Hits Record High

Tuitions are soaring, but parents are fighting back. College savings are at an all-time high, following a $25 billion jump between 2011 and 2012.

How Unwary Grandparents Can Wreck Your College Financial Aid

It's only getting harder for parents to pay for their children's college bills alone -- so help from generous relatives can be a godsend. But be warned: If the college savings plan grandpa is using isn't set up properly, that "help" can actually hurt the student's financial aid package.

Profiting from College: Tips to Avoid Moving Back in With Mom and Dad

In 2011, 45 percent of recent college grads were living with their parents. So for students hoping to graduate into a real job -- and a real apartment -- the question becomes how to get the biggest return on investment for their a college education while incurring the smallest possible debt.

Pop Quiz: Who Is Living America's Middle-Class Dream?

America's middle class has gotten a lot of attention in the 2012 election, but what, exactly, does "middle class" mean? If you've ever wondered -- and wondered whether or not you're a member of it -- take a peek at our middle-class quiz.

The Refilling Nest: Tips for When the Kids (and Parents) Move In

These days, a large fraction of young people graduate from college only to move back into their childhood bedrooms, But that's hardy the only trend standing between people and their empty nests: More and more Americans are bringing their elderly parents home to stay too.

The Money Secrets Your College Student Is Keeping

If you're sending Junior off to school this fall, you might think that you know everything there is to know about where your money is going. Right? Wrong. Here are a few things your college student doesn't want you to know.

Choosing a College: Which Schools Offer the Best Return on Investment?

Collegians are having to become more careful consumers, as high-quality jobs become scarce and interest rates on student loans are set to increase. A comparison of the average return on investment for over 1,200 American colleges and universities offers some clues on how to choose.