Tag Archives: student debt

How to avoid getting financially hurt with College debt

How to avoid getting financially hurt with College debt

Getting a professional education — and job in the wake of graduating — is well worth juggling some college debt for some individuals. However, you are ensured to wind up with only laments on the off chance that you have debts yet no degree. Around 45% of individuals who are no longer in college and […] … learn more→

Avoid high student debt and dropping out by asking these 4 questions about any college

Avoid high student debt and dropping out by asking these 4 questions about any college

Even though for-profit colleges get a bad rap for being predatory and leaving students saddled with debt but no degree, a significant number of private nonprofit and public colleges have the same issues. For example, a recent analysis examined 781 colleges where most students borrow and few can repay their loans. While the analysis found that 73 percent of […] … learn more→

The UK student finance system needs shaking up – for the sake of poorer students

The UK student finance system needs shaking up – for the sake of poorer students

Students from the poorest households in England now graduate with the highest levels of debt. On average the poorest 40% of students owe around £57,000 after three years of study, compared with an average of £43,000 for students from the richest third of families. This outcome is due to the way the student finance system is currently set […] … learn more→

Student loans for survival, not education

Student loans for survival, not education

“I’m getting a new bong.” –when I was at a fake school, I overheard a student boasting what he was going to do with his Pell Grant “refund.” When a student, or someone posing as a student, goes to college, he can easily qualify for Federally guaranteed student loan money. Over half the country can’t […] … learn more→

How the new Administration will affect your student loan debt

How the new Administration will affect your student loan debt

With student loan debt on the rise and more borrowers struggling to make their monthly payments, many people are anxiously awaiting the direction President Trump’s administration will take on student loans. Those hopeful for the new administration’s approach to student loan debt look to campaign promises demonstrating favorable repayment plans and student loan forgiveness.  Others […] … learn more→

Student debt doubles since 2008...”Fake News” spins it

Student debt doubles since 2008…”Fake News” spins it

My blog’s only been around a couple years now. When I started, student debt was under a trillion dollars…now it’s more like $1.4 trillion dollars. Our higher education system has been transformed from a system of education and research for humanity, into a system of massive wealth transfer into the pockets of higher education administration. […] … learn more→

The dark side of the proposed UK doctoral loans system

The dark side of the proposed UK doctoral loans system

The past four years have seen English higher education come to rely more and more heavily on funding from student loans. These are now set to expand further, as the UK government carries out a consultation on loans for doctoral study. Like previous reforms, these have the stated aim of widening access and meeting unmet […] … learn more→

College debt list of shame

College debt list of shame

The student loan scam is crushing our future, or at least the future of many of our kids. The average student loan debt for a new graduate in 2014 was around $33,000. The average student loan debt in 2015 was around $35,000, and in 2016, we’re looking at an average of $37,712, and that’s what […] … learn more→

Clinton and Trump proposals on student debt explained

Clinton and Trump proposals on student debt explained

The high price of attending college has been among the key issues concerning voters in the 2016 presidential election. Both Democratic nominee Hillary Clinton and Republican nominee Donald Trump have called the nearly US$1.3 trillion in student debt a “crisis.” During the third presidential debate on Oct. 19, Democratic nominee Hillary Clinton raised the issue […] … learn more→