Research + News | Topic: Debt
Jan 7, 2020
I Killed My Teenager’s Fancy College Dreams. You Should, Too.
Forty-five million Americans owe a collective $1.6 trillion in student debt. One columnist describes why her daughter won’t be one of them. Read the article here.
May 13, 2019
As College Debt Rises, So Does Interest In Teaching Financial Literacy
After languishing for a few years, support for teaching money-management skills to high school students has reignited, financial literacy advocates say. They attribute much of the newfound interest to worries about mushrooming student debt. Read the article here.
Apr 25, 2018
Students Want Faster Degrees. Colleges Are Responding
Colleges are offering accelerated degrees, giving students the opportunity to graduate sooner and with less debt, but is this a good idea? Read the article here.
Jul 5, 2017
Distressed Borrowers Say Student Debt Help Was Anything But
USA Today highlights experiences with so-called student loan debt help companies. Read the article here.
Jan 13, 2017
High Cost Of Education Limits Career Choices For Millennials
We’ve all seen the staggering student loan debt statistics: It averages more than $20,000 and 69% of Millennials have student loan debt, according to the Federal Reserve of New York. What the numbers don’t tell us is what is going on in Millennials’ minds before they take on this debt.
Read the rest of the article here.
Oct 18, 2016
You Won’t Believe What Some Students Blow School Loan Money On
About half of students blow some of their school loan money on non-educational expenses, including 3% who spent it on alcohol and drugs, according to a new Student Loan Hero survey.
Read the full article here.
Aug 22, 2016
If There’s One Thing Millennials Regret, It’s Going To College
More than a third of 18- to 35-year-olds say they wish they had not gone to university, according to a new survey, while almost half say they would have got to where they are now without a degree.
Read the article here.
Jun 8, 2016
Four Myths About College You Should Reject
Tim Elmore has spotted four myths people tend to buy into about post-secondary education—and he’d like to help you avoid them.
Read his blog post here.
May 3, 2016
Millions of Students May Never Repay Their Student Loans
More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising worries that millions of them may never repay.
Read the article here.
Sep 22, 2015
The Many Pitfalls of Private Student Loans
From the article: “Many student borrowers often accept the financial aid packages set before them, which may include piles of private loans that cover what federal loans do not. But students often do not realize that private loans can cost more and come with few escape valves if they can’t afford their payments.”
Read the full article from The New York Times here.