Tag: Student Debt

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Student Debt in Seven Charts

Not all student debt is ruinous.  However, borrowing can be complex.  Loans spend tomorrow’s income today, and for college students, a promise of tomorrow’s income is spent to pay for expenses in the present day.  Understanding recent growth in student loans and the challenges of repayment can help potential student loan borrowers consider both the benefits and the risks before borrowing. …

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The Perils of Scholarships

To many parents, winning scholarships both rewards academic excellence and various leadership achievements, while subsidizing the total costs of college. Even though many high school seniors also desire the benefits of scholarships, many scholarships remain un-awarded. Understanding the timing of scholarship deadlines may explain why action doesn’t follow good intentions. Related Posts“The College Frenzy” aka …

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Wait…I Have Student Debt?!?

In a recent survey published by the Brookings Institute, current college students with student debt were unaware of the exact loan amounts, as well as what they’d eventually repay.  At $1.2 Trillion and growing daily, total student debt may be more complicated than we, as a society understand. Highlights of the findings are below: At a public four-year …

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Living with Mom & Dad?

Is the trend shown in the chart below, caused by the increase in student loans, as seen in the following chart? Charts Courtesy: Goldman Sachs Global Investment Research & Zero Hedge, October 26, 2014 Related PostsThe Modern “Starving” Student Alternatives to College: “The Road Not Taken” or Emerging Reality? ACT and SAT AT-TI-TUDE Colleges Without Makeup, The …

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College Tuition Up 1225% Since 1978

As has been previously discussed, college tuition is increasing annually, and shows few signs of abating; however, at some point college education will be subject to the law of supply and demand.  As demand for college education continues growing – seen in each year’s record numbers of applicants, with total student debt growing beyond the record breaking $1.2 Trillion mark …

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Why Winning Free Money Takes Effort

Scholarships are not mysterious.  Winning them takes work – which is only a continuation of the efforts to be eligible to compete for scholarships in the first place.   Related PostsShhh…Let’s Talk About Underage Drinking At College A Career May Be “Part Time” College Applications: Beware of Hidden Obstacles Mind the Gap Passion + Effort …

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The Skinny on Increasing College Tuition

Wondering why college seems more costly than in the past?  According to the U.S. Bureau of Labor Statistics, college tuition has increased 559% since 1985.  Over the same time, disposable income has increased only incrementally, which can create the perception of greater costs for each family. Related PostsGuest Post: Study Abroad from a Parent’s Perspective …

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Something’s Gotta Give

Two recent charts say it all. The first shows the average growth in tuition versus income over the past 35 years. As you can see our growth in income (United States only) through 1986 kept pace with the growth in average tuition (plus fees, room and board). Since 1986 our growth in income has not …