Both students and parents are in the midst of the back to school season, a time when children of all ages dread the days of sitting in the classroom and parents fear the outlandish costs that come with one of the busiest times of the season for retailers and consumers. When it … [Read more...]
Grandparents paying for their grandkids’ college amid retirement fiasco
Despite older Americans having a difficult time coming up with and maintaining funds for their retirement years, grandparents seem to have no problem doling out large sums of money for their grandkids’ expensive post-secondary tuition rates. A new study finds seniors are paying for … [Read more...]
Federal Reserve: Skipping college will mean losing out on $800,000
Years ago, post-secondary institutions and public officials touted that if students were to attend university then they can earn $1 million more than a non-university graduate. That figure has since been disputed because the number was distorted due to the growing number of … [Read more...]
Student Loans: What They Don’t Want You To Know
Don't Worry College Only Costs $148,454.00 & 10 Years of Your Life Your parents have always told you an education is the be-all and end-all. What they didn't tell you is that the average college student will owe $148,454.00 dollars when they graduate and it will take about 10 years … [Read more...]
More Student Loans Default Between Years Two and Three
More college graduates are defaulting on their student loans, according to a report issued Sept. 28 by the U.S. Department of Education. In its first three-year report of federal student loan cohort default rates, the department found 13.4 percent of graduates defaulted—missed at … [Read more...]