Writing for the Voice of America, one international student by the name of Thuy lamented that international students do not have the same opportunities as American students to finance their education – despite America being a land of freedom and equal opportunities. Here is a serious question: would you pay money to an employee that… Read more »
Latest Proposed Budget Plan: Slash Pell Grants
Remember the reports saying that federal college assistance is a contributing factor for rising tuition fees? Well, one Representative latched on to that news pretty quick and is gunning to cut down federal assistance. That Representative is Paul Ryan (R-WI), who wants to cut eligibility to Pell Grants because of ballooning student debt. He cites… Read more »
Gingrich’s Answer to Student Debt: “Follow the College of the Ozarks”
When Republican presidential hopeful Newt Gingrich made a stop in Salisbury, he was quizzed by students in Salisbury University. One student asked him what he would do about students facing large student loan debt, as well as those who want to enter college without having to incur thousands of dollars in debt. Gingrich’s said that… Read more »
So How Do We Solve the Student Debt Problem?
The Atlantic had asked its readers what they believe is the best way to encourage students to keep on studying after high school despite rising college costs. Here are some of the most relevant responses, a few of which are worth mentioning: Limit access to student loans One reader replied that kids have way too… Read more »
College Grads Getting More Work – Still Not Enough Jobs, Though
The National Association of Colleges and Employers’ latest Job Survey shows that businesses are looking to hire 10.2% more college grads this 2012. That’s a definite improvement over 2009, which saw employment rates fall by a hair-raising 22% throughout the year. According to the report by the Michigan State University that echoed the same sentiment: “Employers… Read more »
$1 Trillion Student Debt and a Looming Loan Interest Hike
The total outstanding student debt flew past $1 trillion last year; making student debt an even bigger issue than credit card debt. And now students are looking at their interest payments double. A 2007 law lowered Stafford loan interest rates from 6.8% to 3.4% – half the original rates. The provisions of that law will… Read more »
Michigan; Alabama Facing Penalties for Decreases in State Aid
“States also need to do their part, by making higher education a higher priority in their budgets. And colleges and universities have to do their part by working to keep costs down.” This is what president Obama said as federal aid to state universities in Michigan and Alabama are facing millions in cuts. This is… Read more »
Should You Go For College Despite Rising Tuition Rates?
In a nutshell, yes. The nonprofit, nonpartisan Pew Research Center released data last year1 showing that college grads feel they earn $20,000 a year more than high school grads (the true value is $19,550 according to the US Census Bureau), 86% of these college grads feel college was a good investment, 55% believed college prepared… Read more »
Control Your Degree, Not the Other Way Around
Just because you graduate in law does not mean you have to work in law. The same goes for other degrees like education, business management the arts or any other course for that matter. The traditional views of employment after graduation are slowly proving to be unsustainable in today’s economic settings. The number of conventional… Read more »
Got Student Loan Woes? Complain to the CFPB
Believe the billing for your loans are somewhat shady? Have an issue with the terms and conditions that seem to be intentionally confusing or even misleading? Are the lenders too aggressive when it comes to collecting payments? Then you may want to file a complaint with the Consumer Financial Protection Bureau (CFPB) by filling up… Read more »