The American Dream 2.0, New Report Recommends Federal Student Aid Overhaul
In the 1950s, the "American Dream" consisted of a black & white television (a color TV for the one lucky guy at the end of the block, who nobody liked anyway), a white picket fence, a beautiful or handsome spouse, a ranch-style home, and 2.5 children (of course, even that half-child ate more breakfast cereal than you believed one teenager capable of consuming). Today, the "American Dream" may be to simply find a job that pays enough to cover your student loan payments, fill the gas tank on a small car, and spring for a bi-weekly latte…
U.S. Warned on Student Debt Peril, Financial Times Reports
No parent should ever have to endure losing a child. Financial Times' writer Anjli Raval tells us a tragic tale made worse by a private student loan company's insistence that a grieving mother pay for an education that her deceased son will never use. Heather contributed to the article. Below is an excerpt from the article: Four years ago, Ella Edwards lost her 24-year-old-son Jermaine. Depressed and unable to work after the unexpected death of her only child, the 61-year-old retired, hoping to grieve in peace. But Ms Edwards…
Like Your Employer?
Some of us are fortunate enough to work for companies that value our contributions, provide us with meaningful work and opportunities to grow professionally while advancing to higher positions of responsibility. If you are really lucky, you also have a 401K retirement plan with matching contributions from your employer. Now, if you work for Dun & Bradstreet Credibility Corp, your employer will not only match your contributions to your 401K retirement account, they will match your contributions to a specific 529 college savings plan…
Defending Your Liberty, While Waiting On Hold
In November 2001, I deployed into Afghanistan with my fellow Marines of the 26th Marine Expeditionary Unit (Special Operations Capable) to capture or kill those responsible for the Sept. 11, 2001 terrorist attacks in the United States and to aid Afghanistan's Northern Alliance in their efforts to defeat the Taliban and rest control of their proud country from that brutal regime. The last thing that I, or any deployed servicemember, wants to think about is the financial security of my family back home. Yet today, according to a recent…
Pulling Yourself Up by Your Bootstraps is No Windfall: IBR Makes the American Dream Possible
A new report examines Income-Based Repayment (IBR) and the effect of pending changes to the program and analyzes how IBR affects borrowers over time as their incomes change. The New America Foundation released “Safety Net or Windfall: Examining Changes to Income-Based Repayment for Federal Student Loans” by Jason Delisle and Alex Holt, arguing that changes to Income-Based Repayment (IBR) should be better targeted towards low-income borrowers rather than “high-income borrowers with graduate and professional degrees.” …





