It is no secret that student loan debt is one of the most serious issues facing young U.S. citizens today. Falling only behind mortgage debt, student loan debt is owed by over 44 million Americans, to the tune of $1.5 trillion. While paying off student loan debt is difficult enough for any individual, for those living with disabilities it becomes a much more daunting task.… [Read more]
Politics aren’t as easy as the 1800s when you could ply your voters by providing enough booze to kill them and hope they hit your name on the ballot box. It involves complex branding and image control. There are degrees based around setting up a good political image. It’s a serious business.
The real question is how much of your vote is based around branding and not candidates?… [Read more]
It’s no secret that the cost of an undergraduate degree has continued to steadily climb in recent years. An undergraduate is considered the “minimum” for many white-collar jobs, so most students don’t look further. This growing cost has driven undergraduates to seek new avenues of improving their lifetime earnings, even though number of graduate degrees awarded has doubled since the 1980’s.… [Read more]
If children are our future, why is their commencement into adulthood a Sisyphean burden of student debt?
Both Republican and Democratic candidates have begun sprinkling policy specifics into their presidential campaigns, and addressing student loan debt has managed to earn some attention in between blustery rhetoric aimed at Trump, Obamacare, and choosing the best epithet for describing immigrants.… [Read more]
Awaiting President Obama’s signature is a bill that will reduce the costs of borrowing for millions of students.
Don’t get completely happy about it; the bipartisan legislation links student loan interest rates to the financial markets. This means that at current market rates, students obtain lower rates now but, once the economy improves, rates will tick upwards and in synch with market conditions.… [Read more]
Yesterday it was reported that 76% of Americans are living paycheck to paycheck. According to Bankrate.com’s survey reported by CNN, “Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults.… [Read more]
Education can be an individual’s or a nation’s greatest investment. We talk about the disparity between the public education provided to students with fewer economic resources and those who have greater financial means. We also talk about gender differences in that young women are often steered away from Science, Technology, Engineering and Mathematics (STEM) fields of study.… [Read more]
If you’re a regular reader of this site you know that education is a frequent topic. Though the nation’s economy is slowly improving, its current state — fueled in large part by the unwillingness of some of our elected officials to boost job prospects — has, in part, resulted in greater competition for jobs available to debt-saddled graduates.… [Read more]
In case you aren’t painfully aware that the student loan situation has gotten terribly out of hand, consider this: the average college graduate owes $25,000 in debt—what do you say to someone in that situation? Add to this the sublime impossibility of finding a job (days and days spent, dozens of CVs sent out… it’s like a ritual of sorts) and the proliferation of unpaid, or “for credit/experience/exposure” internships, and moving back home to your parents seems like more of a dire necessity than a sensible decision.… [Read more]