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Ever Wonder Why The Dollars in Your Pocket Are Less?
Tag: Scholarships
Welcome to the New Adulthood
For most of us, moving out of the parental units’ house is the ultimate signifier of adulthood. So, what’s the threshold defining adulthood for the growing numbers of 25 year olds, who live with their parents (even after moving away for college)? Since 2002, parental co-residence rates have only risen: And, in 2012: Related PostsThe …
Student Debt in Seven Charts
Not all student debt is ruinous. However, borrowing can be complex. Loans spend tomorrow’s income today, and for college students, a promise of tomorrow’s income is spent to pay for expenses in the present day. Understanding recent growth in student loans and the challenges of repayment can help potential student loan borrowers consider both the benefits and the risks before borrowing. …
Wait…I Have Student Debt?!?
In a recent survey published by the Brookings Institute, current college students with student debt were unaware of the exact loan amounts, as well as what they’d eventually repay. At $1.2 Trillion and growing daily, total student debt may be more complicated than we, as a society understand. Highlights of the findings are below: At a public four-year …
Why Winning Free Money Takes Effort
Scholarships are not mysterious. Winning them takes work – which is only a continuation of the efforts to be eligible to compete for scholarships in the first place. Related PostsA Growing Gap: Rising College Tuition vs. Income Passion Practiced in the Dorm Room Promoted in the New Yorker Dropping wages = shrinking prosperity?