Monthly Archives: February 2014

New data from the federal government confirms what StudentLoanJustice.org founder Alan Collinge has been saying for years: Defaulted federal student loans don’t cost the government.The Wall Street Journal reports that (subscription required) “After paying the companies that actually collect the … Continue reading →

Mark Bowden, Getty Images By the time most college graduates reach their 30s, they’ve been dealing with student loans for years. Yet increasingly, even 30-somethings still face big challenges from their outstanding college debts, and those challenges are affecting the … Continue reading →

Getty Images In decades past, people in their 40s had largely already put their own student-loan debts behind them and were able to turn their attention to preparing to help their children pay for their educations. More recently, though, educational … Continue reading →

The central argument that I make in my book Debt-Free U: How I Paid For An Outstanding College Education Without Loans, Scholarships, Or Mooching Off My Parents is this: If you pick an affordable school, live within your means and … Continue reading →

Alamy After having dealt with at least one big part of the so-called “fiscal cliff” — the broad tax increases that would have taken effect this year — and having failed to stop another — the sequester — the government … Continue reading →

In 2002, economists Stacy Dale and Alan Krueger conducted a study showing that students who were accepted into elite colleges but attended less-selective ones ended up earning just as much money as students who attended elite colleges. That study was … Continue reading →

Citigroup (C) on Monday morning reported third quarter net income of $2.2 billion or 7 cents per share, topping Wall Street estimates and marking its third consecutive quarterly operating profit. Last year, Citi reported a loss of $101 million in … Continue reading →

The Obama administration estimates that close to 8 million borrowers will be affected by the student loan initiative trumpeted by the president in a speech at the University of Colorado-Denver on Wednesday. But more than 36 million Americans currently have … Continue reading →

A good buy doesn’t always end up on your receipt at the register. Sometimes it winds up on your résumé. According to the College Board, the average college tuition in the United States is $26,273, up more than 4% from … Continue reading →

One of the signature elements of the Credit Card Act of 2009 was a provision that required college students under the age of 21 to have either independent proof of income or a co-signer when signing up for a credit … Continue reading →