student debt load

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.

Recovery Threatened by Runaway Student Loan Debt

Surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt. This debt explosion jeopardizes the fragile recovery, increases the burden on taxpayers and possibly sets the stage for a new economic crisis.

Tips for Pricing a College Before You Apply

How do you avoid sending your kid off into the world without a pile of student loan debt? One key is to figure out the real, bottom-line price of a specific college -- before you apply. DailyFinance's Laura Rowley explains.

Alcohol and College: How Much Money Are Students Really Drinking?

The average college student spends $500 per year on alcohol, says Rachel Barrington of the University of Wisconsin. With the average student taking five years to graduate and borrowing about $23,000, that means that more than 10% of all college loans go to finance alcohol consumption.

The Smartest Bet in Higher Education: Community College

Ask anyone you know where the smartest people go to college. Chances are you'll get all the same answers: Harvard, MIT, Yale, etc. But what's smarter than saving $100,000 and getting an education that is just as good, and perhaps even better, than you can get at many top universities?