Student Loan Debt rises regardless of economic woes
As many of you know, tuition at America's colleges and universities continue to rise, in part due to declining subsidies from state governments. However, what you might not expect is for student loan debt to continue to rise regardless of what the economy is doing. That is the somewhat surprising conclusion expressed in a recent article published by the Center for American Progress - a self-proclaimed independent, nonpartisan educational institute. Conventional wisdom would dictate that economically stressed families would…
New Financial Literacy Tool
iGrad, a company formed in 2008 to address deficiencies in students' financial literacy, has created a new tool to educate borrowers on those schools that are committed to the financial literacy of their students. The tool not only identifies 24 of the most innovative financial literacy programs at colleges and universities today, but also provides useful insight into those programs that are working and those that still need revisions. Check it out and tell us what you think! Best College Financial Literacy Programs
Obama Administration Tries to Assist Borrowers in Tricky Political Environment
It is more expensive today than at any time in our nation's history to pay for an education and more and more students are racking up large debts to pay for it. While the total impact of the burgeoning student debt problem on our national economy is not yet known, one thing is clear, the Obama Adminstration is trying to ease the burden on borrowers in a difficult political climate. Check out Andrew Leonard's informative timeline of the major policy changes and attempts by the Obama Administration (and Pres. George W. Bush…
New York Times tackles student debt crisis head on
The New York Times is tackling the expanding student debt crisis head on with it's in-depth "Degrees of Debt" series by Andrew Martin. Mr. Martin examines the ever-increasing costs of higher education and the indebtedness it creates for students and their parents. Here are some highlights of the articles, but I certainly encourage you to read the original articles and share your thoughts. Article #1: “A Generation Hobbled by the Soaring Cost of College” Date published: May 12, 2012 Source: NY Times Business Day (Degrees…
Talented Blogger Contributes to Student Debt Relief Efforts
I love Public Service Loan Forgiveness, dark chocolate caramels, and red-headed guest bloggers! James Jarvis is a talented writer with a wealth of communications experience. For years, James brilliantly managed strategic communications for the U.S. Marine Corps as a Public Affairs Officer. Also, James Jarvis knows what it’s like to love somebody with mortgage sized student loan debt (guess who?). Plus, he’s a helluva funny guy. Since the inception of askheatherjarvis.com in early 2012, James has served as Director…
