The high cost of a traditional four-year college degree has created a growing student loan problem. The struggle to pay off this debt after graduating from college has a trickle-down effect that is becoming so evident in certain areas that it’s drawn the attention of the federal government. At the...

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Did you know that one out of every four adults in the United States is currently paying off their student loan debt? There are more than 44 million Americans who owe a combined $1.5 trillion in student loans. Imagine receiving your college diploma one day, and then getting a statement from a financial...

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Ouch. The cost of a college degree can be downright painful to contemplate if you’re thinking of heading in that direction. According to Forbes, tuition and fees at colleges and universities have grown by more than 1,200 percent over the past 30 years. Many students and their parents look at the steep...

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Every generation becomes known by their shared characteristics. One of these traits for GenerationZ is practicality, and it’s why there’s a gradual uptick in interest in vocational schools as opposed to four-year colleges. Gen-Z practicality follows the thought process that success isn’t just measured...

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Every generation becomes known by their shared characteristics. One of these traits for Generation Z is practicality, and it’s why there’s a gradual uptick in interest in vocational schools as opposed to four-year colleges. Gen-Z practicality follows the thought process that success isn’t just...

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In my last blog I drew attention to the increasing burden of college student loan debt, with more and more borrower delaying payment or in default. Here, I want to discuss a worst-case scenario. Although I’ve repeatedly expressed skepticism about the wisdom of taking on a lot of debt to finance a college...

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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 the U.S. economy as a whole, and especially...

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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 come an even more dramatic increase in the cost...

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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 debt. Student loan debt is working...

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