Here's a higher education shocker: Thanks to tuition hikes at California's state universities on one hand, and Ivy League financial aid policies on the other, attending Harvard is actually the better deal for the Golden State's middle class students. And that's not just a West Coast phenomenon.
In today's tough economy, a college degree is even more necessary -- though it's no guarantee of a job. But with tuition too high and still rising fast, what's a frugal student to do? Try getting a deep discount on your degree with the help of the local community college.
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.