Student loan debt is a $1 trillion issue today, but according to the Consumer Financial Protection Bureau, one fairly small part of the student loan market appears to be most responsible for many of the problems borrowers face: private student loans.
Despite the fact that tens of millions of Americans are still struggling to make ends meet in our slowly rebounding economy, the cost of college keeps rising higher. Fortunately, one institution is offering some relief from high tuition: the IRS.
As April 17 approaches, politicians and pundits of all stripes are taking potshots at the usual tax-debate villains. But there's never much talk about exactly how are our tax dollars are really spent.
You might think that with the economy on its slow climb back to health, Americans would have gotten a little bit happier in 2011. In fact, they got a bit more miserable. And some states have more reasons to be down in the dumps than others.
Whether you're a famous singer, comedian or movie star, it never hurts to have a backup plan. Little surprise, then, that many entertainers have also pursued graduate degrees. But while some went for the obvious educational path, these 10 performers chose far more surprising options.
Unemployment among recent college grads is at 9.3% -- but not for every major. The good news is, you can follow your skills and passions and still find a job. The highest-unemployment majors are often related to options that use the same skills, but offer much better odds of a job.
When history tallies up the biggest losers of the Great Recession, it's not hard to guess who will top the list. Facing a brutal job market, plummeting wages, and a mountain of debt, many recent college grads have fallen behind before they've officially started their careers.
When Steve Jobs dropped out of college, he didn't stop going to classes -- he just stopped paying for them. But when he audited a class, he had to be there. Today, you don't -- it's all online.
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:
Taxes. We resent paying them, yet, for the most part, they fund things we'd rather not do without. But exactly how much of our money is going to each service? The White House has made it easy to answer that question. So here's a receipt for where your tax dollars are spent.
As the new school year begins, many parents' thoughts may be turning to a future of appallingly pricey college tuition payments. So we thought now would be a good time to tap an expert for advice on how to bring those costs down. Here's what we learned:
More than 1 million of America's poorest college students may have to take out bigger loans, find another way to pay tuition, or drop out in 2012, if Republican budget cuts are passed that shrink the government's Pell grant program. But supporters are mobilizing in an online rally Monday for "Save Pell Day."
Bruce Watson recently took a look at the rising cost of private high school tuition. Can you bank on getting a strong return on investment from sending your teen to one? Depends on how you measure.
A new study by Babson College found "overwhelming evidence" that even just a few elective courses in entrepreneurship can inspire students to later launch their own businesses, a result that puts another dent in the old argument that entrepreneurship cannot be taught.
