It’s that time of year again. Students nationwide are heading back to college and signing fresh promissory notes for financial aid. I am one of them. Many of us will mourn the loss of the summer sun while we simultaneously anticipate carving pumpkins and the smell of fallen leaves. As our quest for knowledge continuesContinue reading “Student Debt: Study Up Before You Sign Up”
Tag Archives: student
Graduates Struggle Under a Mountain of Debt
College is supposed to be the pathway to a better job and a better life, but for students across the country college is also the pathway to a life of debt. Since 2008, states across the country have decreased their investment in higher education, with every state except for Alaska and North Dakota providing lessContinue reading “Graduates Struggle Under a Mountain of Debt”
Starbucks’ Free College Gimmick Clouds the Real Problem
As we’ve reported here and here, the state of higher education in this country has reached a crisis. The cost of tuition has risen substantially faster than any other good or service over the past 40 years. There are many that are calling the student debt crisis the next financial bubble. Under the Starbucks plan,Continue reading “Starbucks’ Free College Gimmick Clouds the Real Problem”
Sallie Mae Slap on the Wrist Doesn’t Go Far Enough
This week the Department of Justice levied a $97 million fine against the student debt servicing giant Sallie Mae. The findings of the DOJ’s long investigation revealed a host of bad practices and illegal behaviors at the company, including overcharging on nearly all military service members’ loans, and mishandling borrowers’ payments to maximize late feesContinue reading “Sallie Mae Slap on the Wrist Doesn’t Go Far Enough”
Student Debt Threatens the Future for Everyone
A college degree was once an investment in the future, a path to a good job, a home, car, vacation and money set aside to retire some day. But that college education has for many, become a ball and chain limiting future growth. Unless we begin to address this debt issue we will continue toContinue reading “Student Debt Threatens the Future for Everyone”