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College Debt the Main Woe for Students, Parents


Mar 28, 2017

The Princeton Review’s 2017 College Hopes & Worries survey reveals that biggest worry for students and parents is the "level of debt I/my child will take on to pay for the degree." While this concern doesn’t come as a surprise, it differs greatly from the average woe a decade ago; not "getting in to [a] first-choice college." [...]

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Due to Oregon's $1.8 billion budget crisis, public university leaders want funding reallocated from the Promise program to the state's need-based grant, which is awarded to low-income students who attend Oregon's public universities. [...]

1 months ago 1 comments Read More
Image For One Percenters Still Rule the Ivies, According to New Study

At elite colleges, more students come from the top 1 percent than the entire bottom 60 percent, according to a new study. While roughly one in four of the wealthiest students attend elite schools, including five Ivy League schools, graduating college helps "level the playing field for students of all socioeconomic backgrounds," according to Inside Higher Ed. [...]

2 months ago 1 comments Read More

You’re starting college, excited to be embarking on the next big adventure, and…is that flimsy textbook really $500? For many students, the prospect of obtaining the course booklist on the typical college allowance may seem daunting at first. However, the following tips on how to be smart when buying textbooks can help you save a lot of tears and money. [...]

19 months ago 4 comments Read More

Food is important to any college student. Who doesn't love food? When college begins, it's important to think about all of the dining options that are available. Many campuses offer dining halls on campus, with smaller schools having one or two options and larger universities boasting more choices. There are many advantages to eating on campus, the biggest one being convenience: Not only are your options close by but payment is often as easy as swiping your student ID. Many students may be tempted to eat off campus but that can mean going through a lot of money in a hurry. [...]

20 months ago 2 comments Read More

When most people hear Penn State, they think of the college town located in State College famous for Beaver Stadium and football. It's less likely that people think of the other Penn States - the branch campuses. Technically, they are the same university...but perception is different. [...]

20 months ago 5 comments Read More

If you're a recent college graduate, chances are you’ll have to start paying off your student loans sooner than you think. And even with the economy in a slump, don’t expect a free pass on not paying your loans. Are you starting to panic? Well, don’t! There’s a ton of advice out there to help students stay on track and courtesy of the U.S. News and World Report, here are seven tips for repaying your student loans. [...]

22 months ago 1 comments Read More

Understanding how to negotiate your salary is a skill that you’ll hone over your career. Normally, many new employees want to negotiate for higher salaries...but for some, that's not always the case: Incoming University of Texas at Austin President Gregory Fenves turned down a $1 million salary because he thought it was too much. Say what? [...]

22 months ago 7 comments Read More

It wasn't too long ago that the majority of Americans agreed that one had to pursue a college degree in order to succeed in the workforce. Unfortunately for millennials, the rate of success after obtaining said degree is no longer so intrinsically tied: According to reports, millions of college students don't graduate, suffer a mismatch between education and employment and are left with massive amounts of debt. [...]

25 months ago 31 comments Read More

It seems as though students are willing to do just about anything to save money while in college, from working multiple low-paying jobs to sticking to an Ramen-noodle-only diet to applying early and often for college scholarships. But what if there was a more direct route to affordable education...like selecting a school that won't cost you $200,000 to attend. [...]

25 months ago 5 comments Read More

Here at Scholarships.com, we make a point to advocate the importance of funding your college education the right way (for free!) and while financing your higher education solely with scholarships is an amazing feat, there is another factor to consider: colleges with no tuition to be begin with. Yup, they totally exist – check out the 11 colleges below where you can earn a degree for free: [...]

32 months ago 0 comments Read More

If you're a recent high school graduate, chances are you're looking forward to the independence that comes with becoming a college freshman. And while anticipating all the excitement that comes with entering college – meeting new people, establishing a home away from home, etc. – establishing how you're going to pay for it is an entirely different story. Here at Scholarships.com, we encourage students to apply for scholarships early and often but taking out student loans might be inevitable. With that being said, knowing what questions you should ask your student loan servicer might ease the transition so check out the list of helpful questions that financial aid officers, student loan counselors and former lenders recommend you ask: [...]

33 months ago 0 comments Read More

Have you heard the one about the English major that was so unemployable that their only viable option was becoming a barista at the local Starbucks? Well, the joke's on you because starting this fall, Starbucks employees will be eligible for a free college education: According to reports, Starbucks is rolling out a program that would allow its workers to earn online college degrees at Arizona State University at a steeply discounted rate. Thanks a latte! [...]

33 months ago 4 comments Read More

The financial aid process can be a daunting one but if you're planning on attending college any time soon, you should know that there are tons of federal student aid options available. From Pell Grants to Perkins Loans to FAFSA, the funding is out there but your eligibility to receive aid depends on your level of need and, subsequently, how much aid you are eligible to receive. Translation: For the majority of students, loans are inevitable. But don't fret just yet because President Obama announced an executive order capping loan payments: In an attempt to ease heavy college debt, millions of student loan borrowers will soon be able to cap their payments at 10 percent of their monthly income. [...]

33 months ago 6 comments Read More

With graduation season in full swing on college campuses across the country, many of you are well-prepared and excited for this new chapter in your lives. So whether you've snagged a position in your field (way to go!) or have a coveted internship lined up, it seems as though things are all finally falling into place...until you realize that along with the crippling student loan debt you’ve accrued the past four years, you also have a ton of debit card debt. Yikes! Fortunately, Congress seems to be tackling predatory college debit card programs head-on. [...]

34 months ago 0 comments Read More

Unless you plan on paying for your college education out-of-pocket, completing the FAFSA and applying for scholarships are essential in your quest for financial aid. But have you considered federal programs that forgive student loan debt almost entirely? It’s an increasingly popular option: According to reports, government officials are trying to rein in federal programs that forgive some student debt, amid rising concerns over the plans’ costs and the possibility they could encourage colleges to push tuition even higher. [...]

34 months ago 4 comments Read More

If you’re a high school senior and you don’t think a traditional four-year university is for you, attending a community college does have its perks. Whether you’re interested in completing your general courses or testing the waters with a major that you're not absolutely set on, community colleges offer students the luxury of figuring out their educational path for a fraction of the cost...or at least they used to: California Gov. Jerry Brown signed a bill that would allow a handful of community colleges to charge inflated prices for in-demand courses. Let’s say it all together now: Booooooo! [...]

41 months ago 0 comments Read More

Not every student goes the four-year route when it comes to getting a college education and instead explores non-traditional options that include for-profit institutions. And while proprietary institutions may not have the best track record, not all for-profit schools are alike. To help you differentiate between the good and the bad, experts at U.S. News & World Report have compiled a few tips on how to vet an online program. Check out their suggestions below: [...]

47 months ago 0 comments Read More

Being on your own at school really makes you appreciate the little things in life. There are so many things we took for granted because we never had to pay for them and being in college teaches you how to prioritize your time and money. It’s good to remember that having fun doesn’t have to kill your pockets – be wise and learn how to have fun on a budget! [...]

49 months ago 0 comments Read More

In what seems to be a growing trend across the country, a California state legislator is the latest elected official to push for a bachelor’s degree that costs no more than $10,000 total (yes, total!). And while last year’s college graduates left school with an average of $25,000 in debt, the possibility of a $10,000 degree to incoming college freshman is encouraging. [...]

50 months ago 0 comments Read More
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