Millions of Americans who went to college are now crippled by their student loans. “Debt is the first thing I factor in all of my decisions,” says Jessie Suren, who graduated with a criminal justice degree and is struggling to pay off her debt. Currently, there is a focus because of external factors to public
Category: student loan debt
Like millions of other Americans, financial journalist Janet Alvarez was laid off from her job in 2009. She decided to ride out the recession by pursuing her MBA, racking up six figures in student loan debt along the way. But when she graduated, the economy was still sputtering, and there were few jobs available
Ryan Craig Contributor Ryan Craig is managing director of University Ventures. More posts by this contributor College for the 21st century Hiring has gone Hollywood As an education investor, one of my favorite sayings is that education is the next industry to be disrupted by technology, and has been for the past twenty years. When
It can be tough to save for retirement when it is still decades away. It’s apparently even tough for older workers who are on the verge of retirement. Living expenses can eat up paychecks, and saving takes a back burner to spend. But it leads to the quintessential fear of what having no money in our older years looks
The US is one of only four countries in the world with no government-subsidized maternity leave while 36% of the workforce are contract laborers with no access to benefits America’s birth rate has fallen to a 30-year low, let the hand-wringing and finger-pointing begin. It’s those selfish women, wanting careers before kids! Or, gasp, not
Brown University announced Thursday that it will no longer provide loans, only grants, in an effort to help students graduate with less debt. Starting in the fall of 2018, all students who receive financial aid from the Ivy League university will receive scholarships, which they don’t have to pay back. The goal is to make
Image copyright PA Image caption The measure used to set interest rates on student loans is flawed and unfair, say MPs The inflation measure used to set interest rates on student loans is “absurd”, says a report from MPs. The government uses RPI – the Retail Prices Index – which the Treasury Select Committee says
Cayla Chandara says she’s heard of other stories like this, but never thought it would happen to her. When it did, it left her speechless. Cayla has been pulling double duty as a waitress at the cheesecake factory and Noi Thai Cuisine in Waikiki. She was waiting on a couple of visitors from Australia at
Graduating from college and being slammed with bill after bill is the wake-up call every young adult dreads. We gallivant around our respective campuses, forgetting that in less than four years, we will be bombarded with responsibilities and less energy to do anything other than a nap in our free time. We dream of the
Image: michael loccisana/Getty Images Ah, graduation season. A perfect time for celebrities, who are not really like us, to seem smart by giving vague inspirational speeches in funny hats. Instead, comic Maria Bamford used her invitation to speak at the very college she paid to attend the University of Minnesota to do what can only