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.
As the student loan debt clock creeps higher and higher, education debt hangs heavy on the minds of millions of Americans, both students and parents alike. To cap off our student loan debt series, we pooled data on the cost of college in the following infographic.
Given the high cost of tuition, room and board, it’s not easy for families to pull together the funds to send their kids away to college, no matter how much money they make. But it would be easy to assume that this cost is toughest for low-income families, right? Not […]
There are countless programs in place to help high school students to make it to college, but what happens from there? Data shows that the college dropout rate is on the rise in America. Pathways to Prosperity, a 2011 report from the Harvard Graduate School of Education, points out that […]
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 […]
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. […]