May 2013

Middle Age Student Debt
May 31, 2013

Student Loan Delinquency Highest Among 40 Year-Olds

We typically think of student loan debt as an issue that plagues 20- and 30-year-olds. But a report from the Federal Reserve Bank of New York reveals that it is actually 40-somethings that have the highest student loan delinquency rate of any age group. According to the report, one third of the U.S.’s $900 billion […]

Student Debt Management
May 29, 2013

Three Online Tools for Managing Student Loan Repayment

From Perkins to PLUS and private lenders, student loan repayment can be a tricky landscape to navigate. And with more than 37 million student loan borrowers in the U.S. today, many are often left wondering how much they owe, who they owe it to, and when those payments are due. While the student loan repayment […]

Debt in America
May 27, 2013

American Debt Transitioning from Home and Auto to Education

While the number of young Americans with student loans is higher than it has ever been, the count of those with home and auto loans is on the steady decline. A recent study from the Federal Reserve Bank of New York indicates that young student loan borrowers are retreating from both the housing and auto […]

Student Loans Mortgage
May 24, 2013

Will Student Loans Hurt Your Ability to Buy a Home?

A house, 2.5 kids, and a white picket fence: it’s the classic American dream. But with the cost of a four-year degree rivaling (if not surpassing) the cost of a modest home, some fear that young America’s ability to attain those decades-old aspirations could be threatened. A report by Young Invincibles, a policy resource organization, […]

Student Loans Marriage
May 22, 2013

Student Loans May Make Women Less Likely to Marry

Sure, student loan debt can affect your financial future, but what about your romantic relationships? New research indicates that education loan debt, which looms large for many Americans, can actually influence an individual’s likeliness to get married or move in with a romantic partner. These days, Americans are getting married later in life than they […]

College Fund
May 15, 2013

Getting An Early Start On Your Child’s College Fund

The average annual cost of college is a whopping $13,600 for public institutions and $36,300 for private institutions, and that price is only expected to increase in years to come. That being said, it’s not a bad idea to get a jumpstart on saving for your child’s educational costs. One trend we’ve seen lately is […]

Kansas Student Loans
May 13, 2013

Have Student Loans? Kansas Wants To Help You Pay

If you’re one of the 37 million student loan borrowers with outstanding student loans, you might want to listen up. This month we’re covering a number of creative ways to manage student debt, but we never thought we’d be adding “move to Kansas” to the list. In an effort to bring in new residents after […]

Overqualified Grads
May 10, 2013

Half of College Grads Are Overqualified for Their Jobs

College degrees certainly aren’t dropping in price, but are they declining in value? Many Americans consider a college degree to be the ultimate door to opportunity: a well-rounded education, a good job, and, ultimately, a comfortable income. Sure, someone with a bachelor’s degree earns an average of 1.6 times more than someone who only possesses […]

Financial Aid
May 8, 2013

Navigating the Confusion of Your Child’s Financial Aid Award Letters

Can you think of a piece of mail more exciting than a college acceptance letter? It’s a celebrated step toward a student’s a post-secondary education, and (hopefully) a great job. But tucked away next to that congratulatory message is something a bit less clear: the financial-aid award letter. Regardless of the institution it comes from, […]

Online Education
May 6, 2013

5 Options for Free Online Education

If there’s one thing we can say about post-secondary education these days, it’s this: college isn’t cheap. For the 2010-11 school year, the average annual undergraduate tuition cost, including room and board clocked in at $13,600 for public institutions and $36,300 for private not-for-profit institutions. That’s a financial burden that can stack up quickly in […]