student debt crisis

Financially on Track by 30? For Too Many, It's a Pipe Dream

By the time we hit the big 3-0, we expect our lives will be on track: Careers under way, finances under control, and perhaps even a partner to share the journey with. But the downturn has knocked millions of early 30-somethings off the track they expected to follow.

Private Student Loans: Subprime Mortgages of the College World

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.

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.

This Bright-Eyed Young Man Was Utterly Demolished By Student Loans

Even as total outstanding student debt rises to $1 trillion, lawmakers have yet to allow loans to be discharged in bankruptcy. Without an escape clause, these loans can strangle a person. Take 36-year-old Nick Keith, who remains $142,000 eight years after graduating from culinary school.