How hard has the Great Recession hit young adults in the U.S.? According to a report released Thursday by the Pew Research Center, only 54.3% of young adults aged 18 to 24 have a job. It’s the lowest rate since the government started keeping records in 1948.
If you’re struggling to pay credit card debt, car loans or even gambling debt, you can wipe the slate clean in bankruptcy. Struggling to pay your student loans? Sorry, you’ll just have to figure that one out on your own.
Many colleges set tuition prices with the assumption that, on average, students will pay 33% less thanks to financial aid and scholarships. But one university has decided its pricing strategies shouldn’t be comparable to car dealerships or discount department stores.
In his State of the Union address on Tuesday night, President Obama “put colleges and universities on notice.” Find a way to stop tuition from going up, he told them, or risk losing federal aid money. Following up on that charge, Obama put forward a proposal on Friday at the University of Michigan that, if [...]
American workers are eschewing the typical 9-to-5 grind like never before, and stores and service providers are shifting their own schedules to accommodate these night owls. Fast-food outlets, for instance, are finding that midnight munchers can be a profitable niche. According to a recent story in the Wall Street Journal, McDonald’s fastest-growing time segment is the block of time between midnight and 5 a.m. This burgeoning business is due in a large part to a growing number of people that are picking up second jobs or extra shifts to make ends meet. Here’s a round-up of places to keep insomniacs occupied during the nighttime hours.
President Obama said in his state of the union speech that it’s time to cut federal aid to any college that does not keep tuition increases in check. The hope is that they will then find ways to cut costs and make college more affordable. Here’s how that is likely to play out.
As states cut funding for higher education students are hit three times: higher tuition, lower financial aid and less bang for their buck.
It’s been estimated that raising a child from birth through age 18 costs just under $227,000. And that figure doesn’t include college. The numbers are enough to scare off potential parents from having one child, let alone more—but there’s an argument to be made that kids are, in fact, cheaper in multiples.
If you graduated college last spring, chances are over the winter holidays the government delivered a nice present to your door: your first student loan bill.
The Great Recession has dramatically changed the way we value a college education. First came the argument that a college degree isn’t worth the cost. Now we’re bashing the venerable business degree.
The year-end push to contribute to a 529 state college savings plan is in full force. These plans make a lot of sense. But they also have drawbacks. Here’s how to make the most of them.
