28 May
With the economy still sluggish and students struggling to make ends meet, it has become increasingly common for students to pull out the plastic to cover the college bills–and that could mean trouble in a world where student debt seems to be ever increasing.
Teaching your child the ins and outs of budgeting for college and [...]
Posted in debt, paying for college by: Deborah Fox
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15 Sep
You’ve probably experienced sticker shock if you’ve ever taken a peek at the cost of a for-profit college. (These are the schools you see advertised on television that are typically focused on teaching students a single trade or career path.)
If you’ve researched the post-graduate debt for these schools, you were probably even more aghast. In [...]
Posted in debt, student loans by: Deborah Fox
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25 Jul
I was shocked and upset when I read November’s reports that student debt was outstripping potential post-graduate income–and I am even more stunned that this kind of borrowing is becoming even more commonplace.
Luckily for these students, the new loan repayment plan under 2007’s College Cost Reduction and Access Act finally went into effect July 1st–and it [...]
Posted in debt, student loans by: Deborah Fox
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12 Jun
As of 2005, nearly 80% of college students entered school with an “undecided” major, according to the founder of MyMajors.com, and the problem hasn’t gone unnoticed. Colleges across the country have published web articles about choosing a major, and if you type “undecided college major” into Google, you’ll come up 654,000 responses. Yikes!
So, is it [...]
Posted in college selection, debt by: Deborah Fox
2 Comments
30 May
It seems students will go to great lengths for a free lunch (the article about how to get free food in college over on our sister blog, Surviving College Life, has been particularly popular). What too many don’t understand is that when it comes to credit card marketing, there is no such thing as a [...]
Posted in debt by: Deborah Fox
2 Comments
27 May
You may have noticed that for-profit colleges–those career or trade schools who you see advertised on television–do not get a lot of facetime here at the Pay for College Blog. I usually focus on traditional non-profit private and public colleges and universities, instead.
However, I recently came across a new debt report from FinAid.org’s Mark Kantrowitz, [...]
Posted in college selection, debt by: Deborah Fox
2 Comments
14 Apr
Credit card debt has long been a problem for America’s youth - even before the recession began, students were using credit cards to help pay their college costs. Unfortunately, as tuition and fees rise and the economy suffers, more students than ever are putting their college bills on plastic.
Debt on the Rise
For over a decade, [...]
Posted in debt by: Deborah Fox
4 Comments
10 Mar
In case the unstable loan market wasn’t nerve-racking enough for today’s college students, a recent study shows that their future career options may be affected by the economy as well.
All in the Numbers
The National Association of Colleges and Employer just released the results of their Job Outlook 2009 Survey, and the numbers are disconcerting to [...]
Posted in debt by: Deborah Fox
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16 Feb
This month’s issue of Forbes has an article for those of you who are (or will soon be) college parents–it’s called The Great College Hoax, and it explores the perils of skimping on your college preparation.
The Million Dollar Myth
It seems that we are frequently hearing from various experts that there is this elusive $1 million [...]
Posted in debt, student loans by: Deborah Fox
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21 Jan
Sure, you may not be a fan of the latest music videos, but a recent endeavor by MTV may have more parents standing up to say they want their MTV!
Awareness for the Next Generation
In an effort to help raise awareness about the pitfalls of debt, MTV’s college-focused arm (mtvU) created a new website called InDebtEd.com.
The [...]
Posted in debt by: Deborah Fox
3 Comments