Monthly Archives: April 2014

Education is key part of the American dream, and with the tough job market making a college degree almost a necessity, the future looks bright for U.S. colleges and universities. Unfortunately, many of those stately centers of higher learning have … Continue reading →

The NY Times has been taking a closer look at the student loan industry for quite some time now. But a recent article on student loan counseling and advice is perhaps the most useful to date. The meat of the … Continue reading →

Elise Amendola/AP By PHILIP ELLIOTTWASHINGTON — Despite all the grumbling about tuition increases and student loan costs, other college expenses also are going up.The price of housing and food trumps tuition costs for students who attend two- and four-year public … Continue reading →

Alamy By ADAM LEVINYes my friends, it’s that time of year again. No, not allergy season — graduation. That seminal moment in our lives when, in ceremonies of varying degrees of pomp and circumstance, our elders pass on the wisdom … Continue reading →

Imagine enrolling in college and taking on tens of thousands in dollars in debt to pay for it, planning to pay off the debt with a job as a teacher, participating in one of the numerous programs that offer loan … Continue reading →

Alamy By PHILIP ELLIOTTWASHINGTON — More than 33 million workers qualify to have their student loans forgiven because they work in schools, hospitals or city halls, but too few take advantage of the options because the programs are overly complicated … Continue reading →

The most exciting part of the reception to my book Debt-Free U: How I Paid For An Outstanding College Education Without Loans, Scholarships, Or Mooching Off My Parents are the emails I get from parents who tell me that the … Continue reading →

Consumer advocates concerned about excessive debt loads among graduates of for-profit colleges will have to wait to find out whether the U.S. Education Department will take steps to protect students.The New York Times reports that “the Education Department said Tuesday … Continue reading →

A larger number of recent college graduates are getting an education in loan default, according to a U.S. Education Department report released Monday. U.S. students who exited college and entered student-loan payoff plans in the fall of 2007 were 52% … Continue reading →

Getty Images By Gerri DetweilerZombie debts that just won’t die. Judgments that haunt you for years, or decades even. Tax liens that block you from buying a home or financing a car. Medical debts that seem to come at you … Continue reading →