I Had to Transfer Twice to Afford a College Education

Students

I Had to Transfer Twice to Afford a College Education

I Had to Transfer Twice to Afford a College Education

When I was a teenager, I didn’t know anything about money. I knew the basics, like that my dad’s salary as a college professor was just barely over six figures and that my parents had some debt, but paid off their credit cards every month. I also knew that I needed to make birthday money… Read More

What’s Missing From Hillary Clinton’s Student Loan Plan

Students

What’s Missing From Hillary Clinton’s Student Loan Plan

What’s Missing From Hillary Clinton’s Student Loan Plan

Little by little, the mass of humanity that’s running for President of the United States is coming to realize something very important: Not only does the $1.2 trillion worth of higher education-related debt pose significant macroeconomic peril to the country, but solving this problem (or, at least, coming close) has the potential to rally widespread,… Read More

Is Student Loan Debt Suffocating American Entrepreneurs?

Students

Is Student Loan Debt Suffocating American Entrepreneurs?

Is Student Loan Debt Suffocating American Entrepreneurs?

Small businesses make up about 99% of all U.S. businesses, but even as crucial as they are to the economy, they’re facing a major roadblock: student loan debt. Rising student loan debt correlates to a decline in formation of small businesses, according to a study from the Federal Reserve Bank of Philadelphia. This is particularly… Read More

What Goes Unsaid When We Talk About Student Loans

Students

What Goes Unsaid When We Talk About Student Loans

What Goes Unsaid When We Talk About Student Loans

Education Secretary Arne Duncan took a couple of field trips to Maryland last week. During his first outing, to the University of Maryland–Baltimore County campus, he delivered a speech outlining the Department of Education’s plan for remediating what has become higher education’s damaged value proposition. On his second visit, to the Maryland Correctional Institution in… Read More

Donald Trump’s Position on Student Loans May Surprise You

Students

Donald Trump’s Position on Student Loans May Surprise You

Donald Trump’s Position on Student Loans May Surprise You

Donald Trump seems to be on the side of many indebted Americans — and some Democrats, actually — that the government shouldn’t profit from student loans, according to an interview he gave to The Hill. The Republican presidential hopeful generally hasn’t attracted descriptions like “empathetic” and “relatable,” but Trump’s opinion on federal student loan profits… Read More

Who Is Sallie Mae?

Students

Who Is Sallie Mae?

Who Is Sallie Mae?

If you took out a private student loan to pay for college, you may be getting some letters and email from a company called Sallie Mae. You definitely need to open those. Sallie Mae is a consumer banking business focused on education, and it originates and services more than 1 million private student loans. It used to… Read More

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