Tagged: "Student loans"

April 11, 2011

Student Loans–Too Much of A Good Thing

Student loans can help you pay for college.  But too many student loans can ruin your life. An article today in the New York Times reports that student loans have now outstripped credit card debt in the US, and that the amount of loans will surpass $1 trillion next year. That’s a lot of debt. [...]

December 07, 2010

Graduation Rates Fall at One-Third of 4-Year Colleges

Warning! Nearly half of all students who start college next fall will not graduate. Don't let yourself become a statistic.

September 02, 2010

Which College Is Best? What Are the Objective Indicators?

How do we know what college is best? What are the objective indicators of educational quality. Zac Bissonnette reminds us that there is no objectivity in this business.

September 01, 2010

Debt Free U–Investing in College and Choosing a Major

Zac Bissonnette continues his guest post on our blog by talking about the dangers of thinking of college of an "investment," and on the perceived perils of choosing the right major.

August 31, 2010

An Irreverent Take On College Admissions–Zac Bissonnette and Debt Free U

Not enough college counselors talk frankly about financial aid. We do. And Zac Bissonnette is helping us do it.

June 07, 2010

A Caution About Student Loans

Is taking out a student loan a good investment? Some think it is a good idea to stay away from student loans in order to finance a college education.

February 22, 2010

$555,000 in Student Loan Debt

The Wall Street Journal published an unsettling article about Dr. Michelle Bisutti’s staggering $555,000 in student loan debt.  While the initial loan amount was about $250,000 for medical school, her total amount due has skyrocketed due to her deferring her loans to finish her residency and defaulting on some of her payments.  While this may [...]

July 22, 2009

End Student Loan Scams

An editorial in today’s New York Times supports President Obama’s plan to remove the private sector from the business of providing student loans. Instead, the government will lend directly to students, through the intermediary of the colleges and universities. This seems very sensible to me, and pretty much the only way to eliminate the scams [...]

March 05, 2009

Spitzer Sparks Debate on How to Pay for College

Eliot Spitzer has not completely disappeared in disgrace. He still has the mentality of Don Quixote or the Lone Ranger, riding out to right all wrongs. His latest fight for justice is to battle The way Americans pay for college, posted at Slate.com. Here’s a snippet: Marketed under the decidedly unappealing name of “income-contingent loans”—how [...]

August 20, 2008

How Americans Pay for College

Sallie Mae and Gallup released a new annual survey on how families in the US pay for college. It yields a great deal of information.  One of the problems in analyzing this data, however, is the huge variety of colleges student attend, the financial circumstances of those families, and the enormous varance in the price [...]