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College & Education

If you’re about to head off to college or graduate school, you’re likely wondering how you’ll pay for it. While it’s best to avoid student loan debt as much as possible, taking out loans has become an inevitable reality for the majority of today’s students. A U.S. News & World Report survey found that two-thirds of…
A 2018 survey by Summer and Student Debt Crisis paints a grim picture of the far-reaching consequences of American graduates’ mushrooming student loan debt. Survey respondents reported an average annual income of about $60,000, compared with an average individual student debt load of $87,500. For a significant number of respondents, high debt-to-income ratios made loan repayments…
I graduated with an MFA in 2008 and about $37,000 in debt from my master’s and undergrad programs combined. For the next few years, my student loans were a constant source of stress. I felt like I wasn’t making any progress on them. I was on an income-based repayment plan and not even paying the full…
America’s young people are drowning in student loan debt. According to a 2018 report from the Federal Reserve, 42% of all people who have attended college borrowed money to pay for it. The average American with outstanding student loans owes between $20,000 and $25,000 and makes payments of $200 to $300 per month. Worse still,…
No matter where you went to college, one thing most graduates have in common is a significant amount of student loan debt. In 2017, CNBC reported that 70% of college students graduate with student loan debt. That’s approximately 44 million, or one in four, Americans. According to Nitro College, the average amount borrowed is $37,172. And…
Skyrocketing college tuition has two-thirds of students taking on debt to pay for college. As a result, many high school graduates and their parents are questioning whether college is even worth it. The answer depends on how much you can earn in your chosen field and how much you must borrow for your degree. But if…
What is your opinion of America’s elementary and secondary schools? A 2018 Pew Research poll found that improving the nation’s educational system was ranked second on the priorities of the American public, slightly behind defending against terrorism and ahead of strengthening the economy. The angst represented in the poll findings reflects the perception that public…
The recent college admissions scandal is an eye-opening example of how far some families will go to get their children into elite colleges. The FBI investigations are still ongoing, but so far, 50 people have been charged with participating in the scheme. The allegations include cheating on standardized tests and bribing college coaches and athletic…
After a decade of tepid economic growth coupled with soaring college tuition costs, many are concerned about the value of a college education. Undergraduates feel increasingly pressured to choose majors that will lead as directly as possible to well-paying careers, which has fueled parents and policymakers to push students into vocational, business, and STEM (science,…
To say that college costs have skyrocketed is an understatement. After adjusting for inflation, CNBC notes that average tuition for private colleges rose from $15,160 in 1988 to $34,740 in 2018. Both of those figures are in today’s dollars, marking a 129% increase. For public universities, average tuition rose from $3,190 to $9,970 over the…