Monthly Archives: December 2013

With the cost of a college education high and rising, more students are putting themselves deeper into debt than ever. But those huge debt loads don’t just pressure students to find high-paying jobs after they graduate: They’re also making it … Continue reading →

I recently had an opportunity to speak with a high school senior who was evaluating financial aid offers from the colleges he’d been accepted to. He’d applied to a mix of small, private, liberal arts colleges, one in-state public college … Continue reading →

Today, students who qualify for federally subsidized loans have an incentive to stay in school: Their loans don’t accrue interest — nor do they have to pay interest — on their loans while they’re enrolled. But that could change. In … Continue reading →

The tightening in the student loan market continues: The New York Times reports that an increasing number of lenders are declining to offer loans for community colleges, presumably because the small denominations do not justify the costs of servicing. With … Continue reading →

When it comes to paying off student loans, desperate times call for desperate measures. That’s the growing sentiment among cash-strapped Americans throughout the country who are taking drastic steps to eliminate college debt. The typical U.S. college graduate now leaves … Continue reading →

Alamy Grandma and Gramps are not doing well. In fact, the state of finances for the elderly is a shambles.Let’s start with falling home prices. The AARP found that between 2007 and 2011, “3.5 million loans held by people age … Continue reading →

By CHRISTINE ARMARIOFormer students in career-training programs at dozens of for-profit institutions have had so much trouble paying off their loans that the schools could lose access to federal student aid if they don’t improve, new data from the Department … Continue reading →

Times may be tough, but some students are still managing to make payments on their student loans. The U.S. Department of Education just released an extensive list of colleges where students have the best — and worst — track record … Continue reading →

The new income-based repayment program for federal student loans has been getting a lot of favorable press lately, and not entirely wrongly.Here’s how it works: If you have federal student loans and are having trouble making payments, signing up for … Continue reading →

Courtesy Lyn Roman / LearnVest By Lyn Roman, as told to Elyse MoodyMy father died in a car accident when I was eight years old.A decade later, when I graduated from high school, I found out he’d set up a … Continue reading →