Category: Student Finances
The analysis published under this category are as follows.
Tuesday, January 14, 2020
The End of College Is Near / Politics / Student Finances
By: Jared_Dillian
I predict that 20% of colleges and universities will shut down or merge in the next 10 years, and probably more.It was a good run.
Most people fail to understand that higher education is in itself countercyclical. When the economy is bad, and people lose jobs, many of them will go back to school.
You have probably heard about the for-profit education boom and bust. That is old news. You might not have heard that total enrollment has been declining for the last eight years as the economy has improved.
What comes next will pulverize nearly every institution of higher learning in the country, private and public.
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Friday, October 25, 2019
The End of College Is Coming / Politics / Student Finances
By: Stephen_McBride
Every spring, millions of American high school kids are faced with this choice.It sounds like a no-brainer. And it used to be a no-brainer... because college used to cost a reasonable amount of money.
As recently as 1980, you could get a four-year bachelor’s degree at a public school for less than $10,000, on average. These days it’ll cost you at least $40,000… or upward of $140,000 for a private school... or well over $250,000 for a top school.
Unless a kid has rich parents or a full ride scholarship, he must borrow a ton of money to pay for the privilege of attending college.
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Saturday, August 31, 2019
Why Back to School Season Should Scare You / Personal_Finance / Student Finances
By: Rodney_Johnson
It’s that time again – back to school season – when we have to drive a little slower, watch for flashing yellow signs that signal much higher ticket costs, put down our cell phones, and try to remember the rules on when to stop for school buses (always on your side of the road and, if the bus is facing you, when the road doesn’t have a median).But those things aren’t scary, they’re just good safety precautions. The worrisome parts are costs and headcount.
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Wednesday, July 24, 2019
Student Finance: What Parents Need To Know / Personal_Finance / Student Finances
By: Submissions
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Wednesday, July 10, 2019
Government-Pumped Student Loan Bubble Sets Up Next Financial Crisis / Interest-Rates / Student Finances
By: MoneyMetals
Presidential candidates Bernie Sanders and Elizabeth Warren are promising as much as $1.6 trillion in student debt forgiveness for millions of borrowers. Critics smell a cynical campaign ploy to try to buy the youth vote.
How is it either realistic or fair to declare an entire category of debt to be assumed by taxpayers?
Regardless, pie-in-the-sky proposals to cancel student debt shed light on a very down-to-earth problem for not only college students and recent graduates – but also for the economy and financial markets.
Student loans now rank as the second largest category of American consumer debt – bigger than credit cards, bigger than auto loans, and behind only mortgages.
Thursday, April 25, 2019
8 Reasons Why Investment in Education Always Pays Off / Personal_Finance / Student Finances
By: Submissions
University brings about so much imagination within us. Secondary school is over and we think of furthering our education and obtaining the great successes that await us. It seems anything can be possible as we transition into adulting. Picture having the help of an Oxbridge diploma with the highest accolades. Companies scrambling to offer the best career opportunities and suddenly the corporate ladder seems to be much shorter. But then we consider all the baggage that comes with uni. The need to find time for assignments, devoting 4+ years of life to courses, and the cost of a quality education in the UK is quite substantial. With skyrocketing tuition, many wonder if the financial investment for a degree makes sense. For those of you on the fence about higher education, let’s take a look at 8 reasons why an investment in education will always pay off.
“He who opens a school door, closes a prison.“ – Victor Hugo
Wednesday, April 24, 2019
How Can a College Student Invest Wisely? / Personal_Finance / Student Finances
By: Submissions
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Thursday, March 07, 2019
What Comes After a Trillion in Student Debt? / Interest-Rates / Student Finances
By: Jared_Dillian
Headline in Bloomberg the other day:“Millennials Are Facing $1 Trillion in Debt.”
A trillion always sounds like a lot. It is a lot. But while the absolute number is large, that is not the issue.
The issue is what makes up this millennial debt. It’s mostly student loans, and a staggeringly high amount of these loans are in delinquency.
And this is at the top of an economic expansion!
On a societal level, imagine what happens if the economy takes a wrong turn and these student loans—which are already 10% delinquent—go to 40% delinquent?
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Friday, December 21, 2018
Four Key Things You Need to Know About Student Finance / Personal_Finance / Student Finances
By: Submissions
When trying to get access to student finance, there are a few things that you need to know. Student finance has a habit of being somewhat difficult to try and get access to a loan, which is why it is essential for you to understand just a few key things. We're going to cover them here and now, to help you glean a new comprehension of how the system works.
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Wednesday, September 26, 2018
Best Ways to Finance Your Studies in Abroad / Personal_Finance / Student Finances
By: Submissions
Studying abroad is a dream of many Indian students. Studying abroad is quite difficult for a student of middle class as it is expensive. There are few benefits of studying abroad. The foremost thing is that you have to look care of all your things by your own; initially it will be very tough to adjust with the busy life. You can either take a loan or start a part time job to get yourself financed. Doing a part time is not a good choice as getting involved in any official work will not allow much time for your studies. You can go for taking an educational loan from a banks. Malaysia is now a preferred destination for students seeking higher education.
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Wednesday, July 25, 2018
Student Bank Account Best Freebies / Personal_Finance / Student Finances
By: MoneyFacts
School’s out for summer, so it’s time for students to do some research on student current accounts to find the best deal. Moneyfacts.co.uk has created a handy selection of the best accounts available (see below) so that students can easily compare the different overdraft offerings and extra benefits.
Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Students preparing to branch out on their own and study at university may already be celebrating the summer break, but this is the perfect time for them to sort out a student bank account and not leave it until the last minute. As soon as students get their university offer letter, they should be ready to apply for a student bank account that will meet their day-to-day needs.
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Wednesday, July 25, 2018
10 Top Tips to Help Students Save Money / Personal_Finance / Student Finances
By: MoneyFacts
In just a few weeks’ time, many students will be preparing themselves for university, and for some, this could be the first time they have lived away from home. The thought alone may be daunting, so Moneyfacts.co.uk has put together 10 top tips to help students save money.
Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
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Saturday, February 17, 2018
Loan Shark Nation: Forcing Our Kids To Choose Between Student Loans And Everything Else / Personal_Finance / Student Finances
By: John_Rubino
It’s mid-winter, which means millions of high school seniors are winding up their childhoods and planning for what comes next. For many this next stage is college.
But in yet another example of how we baby boomers have rigged the system in our favor at the expense of pretty much everyone else, student loans – barely necessary when most boomers graduated 40 years ago – have become a life-defining problem for our kids and grandkids.
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Sunday, January 07, 2018
Student Debt Slavery II: Time to Level the Playing Field / Politics / Student Finances
By: Ellen_Brown
The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells through bankruptcy and walk away. Not so with students. Their loan rates are high and if they cannot pay, their debts are not normally dischargeable in bankruptcy. Rather, the debts compound and can dog them for life, compromising not only their own futures but the economy itself.
Read full article... Read full article...“Students should not be asked to pay more on their debt than they can afford,” said Donald Trump on the presidential campaign trail in October 2016. “And the debt should not be an albatross around their necks for the rest of their lives.”
Wednesday, December 27, 2017
Student Debt Slavery Bankrolling Financiers on the Backs of the Young / Politics / Student Finances
By: Ellen_Brown
The advantages of slavery by debt over “chattel” slavery—ownership of humans as a property right—were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:
Read full article... Read full article...Slavery is likely to be abolished by the war power and chattel slavery destroyed. This, I and my European friends are glad of, for slavery is but the owning of labor and carries with it the care of the laborers, while the European plan, led by England, is that capital shall control labor by controlling wages.
Tuesday, July 25, 2017
Students, It’s Time to Prepare Your Finances for the Years Ahead / Personal_Finance / Student Finances
By: MoneyFacts
As we approach a brand new academic year, prospective students and those ready to graduate might be considering the most cost-effective bank account that will cover their day-to-day needs. Choosing a good student bank account and finding out how to manage finances will be an essential part of life, especially for those who will be living away from home for the first time.
The latest analysis by moneyfacts.co.uk highlights some of the most essential elements when it comes to choosing the right student account and how students can prepare themselves for the years ahead.
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Thursday, July 20, 2017
The Student Loan Bubble and Economic Collapse / Interest-Rates / Student Finances
By: Antonius_Aquinas
The inevitable collapse of the student loan “market” and with it the takedown of many higher educational institutions will be one of the happiest and much needed events to look forward to in the coming months/years. Whether the student loan bubble bursts on its own or implodes due to a general economic collapse, does not matter as long as higher education is dealt a death blow and can no longer be a conduit of socialist and egalitarian nonsense for the inculcation of young minds.
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Wednesday, June 28, 2017
Important Money Management Tips For Teenagers / Personal_Finance / Student Finances
By: Boris_Dzhingarov
Financial literacy among teenagers is much lower than it should be. This is, in part, because money management education is not properly taught in schools. Most of the teens have no idea what personal finance is and why it is important. Parents are the ones that need to teach teens about money management. Obviously, this is much more difficult than it seems. The good news is that raising financially literate teenagers can be done. Follow these tips to do exactly that. Read full article... Read full article...
Thursday, May 04, 2017
The Student Debt Servitude Sham / Politics / Student Finances
By: Gordon_T_Long
Many today strongly believe it is morally wrong to indenture students to the degree of liabilities presently required to achieve the education required to become a productive contributor within our modern society.
The question we need to demand answers to is why has college costs for students exploded upward, while salaries and job positions for graduates has not? What is driving the relentless and inexplicable surge in the debt burden for students and their parents?
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Thursday, October 27, 2016
The Next Big Shoe to Drop – Student Loans / Interest-Rates / Student Finances
By: Dr_Jeff_Lewis
More than 40 million young Americans carry federal and private student loan debt – amounting to over $1 trillion. Defaults are on the rise and the issue has grown to become a nasty wealth transfer mechanism, as well as sad example of the failure of finance in general.
This week, President Obama announced a new initiative framed as a way of addressing the issue. Sadly, it is far from the mark, and just one more indication that monetary masters are the real puppeteers.
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