Few Can Afford College without Borrowing Money
The cost of higher education is spiraling skyward. At some private schools it now exceeds $50,000 a year. Lagging government support has resulted in steep tuition increases at public universities as well. Little wonder then that educational loans have become as indispensable [...]
New program to kick in
The College Cost Reduction and Access Act went into effect in 2007, but some of the provisions are still kicking in. Specifically, The Income-Based Repayment Plan kicks in on July 1.
The part of the College Cost Reduction and Access Act, which is already in effect, is [...]
Mom and Dad, I’m home!
In economic times like these, adult children move back home in droves. The most recent census figures show that 56 percent of men and 43 percent of women ages 18 to 24 live with one or both parents, and an estimated 65 percent of recent college [...]
Horror stories galore
Like many hundreds of thousands of others, I have student loan debt. This isn’t something that cheap loans or fast cash can handle. I’m going to be paying this off for a long time, which I’m sure is the same story for many of you who went to [...]
The good news: Yes, you can!
Opportunity rich, cash poor, deeply in debt
New college graduates are opportunity rich. But most are unemployed and so cash poor they can’t even get a small payday loan. Many are up to their ears in debt before opportunity begins to materialize.
But when it comes to [...]
What is Young Money?
There have been a lot of sites created on the internet trying to target the student / younger adult population.
Usually these sites are created in an effort to capitalize on the consumption habits of an already over consuming generation. Where these sites fall [...]