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The Biggest Losers

The Biggest Losers

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...
Student Loans Become Ever More Burdensome

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 the U.S....
Why Does College Cost So Much?

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 come an...
Is Your Student Loan Debt Affected by Where You Live?

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...