Should colleges disclose to undergraduates the expected future salaries for people with degrees in their field of study? That’s the major question (no pun intended) posed by Georgetown University’s Center on Education and the Workforce, which compared the median lifetime earnings for bachelor’s degrees in a range of disciplines, from engineering and computer science to English [...]
October 5, 2010 – 12:28 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. Gossip Girl and Animal House notwithstanding, college students are usually a lot smarter than their parents give them credit for. But with personal finance education so woefully lacking at the high-school and [...]
September 28, 2010 – 1:16 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. You’ve heard of “good debt” and “bad debt,” but if your end goal is to be debt free, you have to just say no to any and all loans. That means you’ll [...]
Posted in Budgeting, Credit, Education, Personal Finance, Saving Money, Tuesday Top 5
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Also tagged Budgeting, credit cards, Family Budget, financial education, loans, managing money, Personal Finance
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September 14, 2010 – 12:22 pm
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. For the first time in history, total student loan debt exceeds total credit card debt in the United States. Borrowers owe almost $850 billion for education, compared with $826.5 billion on credit [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. Student loans are intended to pay for your education, but I’ve known a few people who took liberties with exactly how they used that money. Here are some of the worst ways [...]
Mother’s Day is Sunday, and chances are good that your mama has taught you a lot of what you know about money — even if you haven’t always listened to her advice. So when you give your mom flowers this weekend, be sure to thank her in the card for always wanting you to be [...]
March Madness is well underway (sorry for the reminder, Georgetown fans), and with college acceptance letters just weeks away from flooding the inboxes of high-school seniors across the country, now is a good time to ask: How much money do graduates from those universities make, anyway? Salary research organization PayScale surveyed alumni of the top [...]
October 21, 2009 – 4:11 pm
It has been difficult to pick up a newspaper the past week without seeing a story on the rising cost of college tuition; these articles from the LA Times and the Washington Post are representative. College costs are in the news because of the College Board’s “Trends in College Pricing 2009” report, which I would [...]
The New York Times editors posted an interesting discussion on the Room for Debate blog last week regarding student loans and higher education. The responses from five ‘insiders’ chosen to participate are far-ranging and address the questions: How much is too much to carry in student loans? What factors should be weighed? Should a student [...]
A new study from Sallie Mae, the largest provider of student loans in the U.S., found that 30% of American students put at least some of their tuition payments onto personal credit cards. That’s an increase of six percentage points since 2004. Perhaps equally troubling, the study found that only 18% of students are able [...]
