Paying for College - A Parent’s Guide
Helping to pay for a child's college degree is among the greatest gifts a parent can provide and also among the most costly. Start when they are still in diapers and you'll benefit from the Time Value of Money. Wait until they're in braces and middle school or junior high, and you'll still have a good start. Wait until they're trying on their cap and gown and you'd best pray for scholarships, grants, and unfortunately student loans. Geoff Williams, U.S. News & World Report, offers some practical…
New Brochure Helps Explain Service Members’ Federal Student Loan Benefits
U.S. military service is certainly not for the 'faint of heart.' From yearlong deployments away from family and friends, to missed birthdays, holidays, and wedding anniversaries, to the inherent risks of military training and combat, it is among the most arduous jobs an American could volunteer to do. And yet, young men and women continue to answer their nation's call to service and for those sacrifices, we are grateful. With hard duty comes many federal educational benefits that service members and their families may…
Is a College Degree Still Worth It?
According to a new report by Anthony V. Carnevale, director of the Georgetown University Center on Education and the Workforce, full-time, full-year workers whose highest degree is a bachelor's make 74 percent more, on average, than those whose highest attainment is a high-school diploma. Bottom line: college is still a good investment. Among some of the report's most significant findings: Even as the housing bubble seems to be dissipating, unemployment rates for recent architecture graduates have remained high (12.8%). Graduate degrees…
Student Loan Interest Bill We Can Live With
Student loan interest rates are set to rise in July unless Congress acts. Typically I'd be pushing for Congress to come up with a more permanent solution, but a temporary measure seems like the best we can get at this late hour, because the proposed longer term "solutions" are in fact a hit to the wallets of students and families. For instance, the bill the House passed last week is worse than doing nothing and actually makes things more expensive for students. I applaud Senator Elizabeth Warren for introducing the Bank…
