Parents Increasingly Expect Kids to Pay for College

Students

Parents Increasingly Expect Kids to Pay for College

Parents Increasingly Expect Kids to Pay for College

With college tuitions skyrocketing, it’s no surprise parents are worried whether they have enough to cover the cost. According to the fifth annual survey from Discover Student Loans, nearly half (48%) of 1,000 adults surveyed with kids aged 16 to 18 expect their child to pay for most or all their education, up from 39% in 2012. “While... Read More

Do Student Loan Servicers Expect to Be Sued?

Students

Do Student Loan Servicers Expect to Be Sued?

Do Student Loan Servicers Expect to Be Sued?

“Maybe it’s because those who know won’t and those who don’t can’t.” Such was my response to a colleague who, after reading a recent article in the Huffington Post on yet another legal action taken against a student loan servicing company for alleged unfair and abusive practices, asked why there’s little, if any, talk about... Read More

40% of Newlyweds Didn’t Know Their Spouse’s Credit Score Before Getting Married

Credit Score

40% of Newlyweds Didn’t Know Their Spouse’s Credit Score Before Getting Married

40% of Newlyweds Didn’t Know Their Spouse’s Credit Score Before Getting Married

You’d think most couples preparing to tie the knot would sit down and discuss their finances. But a new Experian study reveals that isn’t the case at all. In fact, some people (25% of survey participants) don’t even know their spouse’s annual income before getting married. And 40% didn’t know their spouse’s credit score ahead of time. Some other... Read More

10 Things I Hate About Student Loans

Students

10 Things I Hate About Student Loans

10 Things I Hate About Student Loans

Believe it or not, graduation season is creeping up. And that means it’s the time of year I’m reminded how much I hate what student loans have done to the financial health of our nation’s graduates. Unfortunately, according to the Federal Reserve Bank of New York’s latest report on debt and credit among U.S. households,... Read More

Inside the Student Loan Experiment Happening at Purdue

Students

Inside the Student Loan Experiment Happening at Purdue

Inside the Student Loan Experiment Happening at Purdue

It all started when Mitch Daniels, the president of Purdue University, got a crazy idea: What if the public college in West Lafayette, Indiana allowed students to apply for education funding in exchange for a chunk of their earnings? Purdue would be the first American university in 50 years to revisit the concept, known as an income-share agreement,... Read More

The Teen Who Got Into All 8 Ivy League Schools

Students

The Teen Who Got Into All 8 Ivy League Schools

The Teen Who Got Into All 8 Ivy League Schools

The Ivy League universities are notoriously hard to get into, but that didn’t stop one New Yorker from applying to all eight. Long shot, right? Apparently not. August Uwamanzu-Nna from Long Island, New York was accepted to the eight Ivy League schools— Brown, Columbia, Cornell, Dartmouth, Harvard, University of Pennsylvania, Princeton, and Yale — as... Read More

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