Monthly Archives: January 2014

Ken Ilungas By Ken Ilungas, Special to The Motley FoolOn the first night I tried to sleep in my van, I was lying in my sleeping bag sprawled out on the backseat, parked in a mostly empty Walmart parking lot. … Continue reading →

While I can appreciate the stimulus package’s focus on “shovel-ready” projects and I can even understand some of the rationale behind propping up banks, I feel that the administration missed a huge opportunity to help out a large portion of … Continue reading →

WASHINGTON (AP) – The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job.But many borrowers these days are close to flunking out, … Continue reading →

The cost of getting an education has never been higher. But by taking advantage of some tax benefits that Uncle Sam provides, you can at least put a small dent in some of those costs.Unfortunately, figuring out which tax benefits … Continue reading →

The big 3-0: For many people, turning 30 means being solidly in the adult world in a tangible way — whether that includes getting married or finding a long-term partner, having children, buying a home, or achieving career and financial … Continue reading →

Earlier this month, I warned readers not to enroll — or encourage their children to enroll — in for-profit colleges.New student loan default rates from the U.S. Department Education highlights in more detail why these institutions are such a bad … Continue reading →

Getty Images By Susannah SniderWhether you’re taking out a federal student loan or entering repayment, get up to speed on these five changes to the federal loan program.1. Loans get pricier.The rate on subsidized Stafford loans — the federally sponsored … Continue reading →

With $830 billion in student loans outstanding in America, mounting student loan debt is increasingly wreaking havoc on the lives of U.S. college graduates and dropouts alike. As unemployment remains stubbornly high, delinquencies and default rates are rising as indebted … Continue reading →

America runs on credit. Before the recession in 2008, the U.S. consumer powered the economy forward with plenty of conspicuous consumption. Housing prices were on the rise, paychecks were plentiful, and the economy purred along as people used home equity … Continue reading →

Anti-debt guru Dave Ramsey once offered this advice to young college graduates: “If you come into my office and say ‘I have three degrees and $7 million in student loans and I haven’t worked a day in my life’ — … Continue reading →