Student Loans Become Ever More Burdensome

It’s been widely reported that federal student loan debt now totals a staggering $1.5 trillion, give or take a few billion. It’s hard to wrap your head around numbers that large, but within that big amount lay some disturbing trends that spell bad news for

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Why Does College Cost So Much?

In my last blog I addressed the phenomenal growth of people attending college. In 1940 only around 5% of Americans held a college degree. Now, the figure is over 35%, and around two-thirds of Americans have attended college at some point. Along the way has

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Is Your Student Loan Debt Affected by Where You Live?

Location, location, location. If the real estate industry has taught us anything over the years, it’s that one’s location is the most important of housing considerations. And as it turns out, location might also play a factor in your ability to pay off student loan

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Student Loan Crisis Worsens

There’s good news and bad news. Since 1970, wages in America have increased 67 percent., but college tuition has grown faster. Many high school students have no choice but to take out student loans. The result is that student loan debt is now the second-highest

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Why Do So Many People Go To College?

Many social pressures compel people to go to college whether they want to or not, whether they can afford to or not. This wasn’t always the case. Prior to World War II, less than 5% of American adults held a college degree. Only jobs at

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The Parent Trap

In my last blog I pointed out the decline of home ownership in America, caused in part by enormous levels of student debt that are preventing people from saving enough to afford a home, or ruining their credit because they aren’t making student loan payments. Another

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