Monthly Archives: April 2014

Getty Images When it comes to declaring independence from debt, a lot of us are under the thumb of the same dictator: student loans. In fact, according to a recent report from the Urban Institute, one in five adults over … Continue reading →

Getty Images Inflation hasn’t been a major problem in the United States for years. According to government figures from the Bureau of Labor Statistics, the inflation rate bottomed out near zero percent in 2008 and has risen at a modest … Continue reading →

New research reveals some startling, uncomfortable truths about student loans: The amount we as a nation owe for our education has now officially topped what we owe on our credit cards. According to the Federal Reserve, Americans owed $826.5 billion … Continue reading →

Last week, U.S. Rep. Leonard Boswell (D-Iowa) announced that he had introduced H.R. 5286, the Universal College Credit Act, “to help students and their families better afford tuition and other higher education expenses by providing a new permanent tax credit … Continue reading →

Forget part time work, job fairs and temp agencies: To find a secure, long-term job, most pundits agree, the best route runs through the classroom. So with unemployment still high and underemployment even higher, it’s hardly surprising that droves of … Continue reading →

The Project on Student Debt recently released its Student Debt and the Class of 2008 study and the results are sobering, to say the least. The average graduate of a four-year college with loans is now leaving with $23,200 in … Continue reading →

President Obama recently announced a plan to provide relief to federal student loan borrowers by limiting their payments to 10% of their monthly discretionary income starting next year. After 20 years of payments, any remaining debt would be forgiven. The … Continue reading →

White House officials announced a new presidential initiative aimed at reducing the burden of student loans, which have overtaken credit cards as the nation’s largest source of debt.Domestic Policy Council Director Melody Barnes and Education Secretary Arne Duncan held a … Continue reading →

Melanie Stetson Freeman, The Christian Science Monitor via Getty Images By KIMBERLY HEFLINGWASHINGTON — There’s some good news on college tuition. Yes, the cost has gone up — but not as much in the past.For in-state students at a four-year … Continue reading →

A new report from the Federal Reserve shows that colleges in the United States took in $83 million from credit card companies last year.In exchange, they offered their marketing help to the card issuers, often by providing alumni mailing lists … Continue reading →