The number of Americans earning college degrees continues to rise to levels never before seen. But not every college degree is equal, especially when you compare the potential earnings one can expect to make from one degree to another. NPR recently published a report that examines the highest, and lowest paying degrees for both Bachelors… Read More
Money Lessons for College Students (as reported by Sara Frederick Burgos on Manilla.Com)
For many people, the first year of college is the first time we take on responsibilities for our own finances. For that reason, it’s an important time in your life to learn a number of crucial financial lessons. Sara Frederick Burgos sites ten things that college students need to learn about money. One of the… Read More
Choosing Cheaper Schools (as reported by Kathleen Kingsbury on Finance.Yahoo.Com)
While college costs are still rising at universities around the country, Sallie Mae’s annual “How America Pays for College” report suggests that more and more families are saving by choosing less expensive schools. For the first time in many years, the average college-related costs per student went down for the 2012-13 school year. Focusing on… Read More
Budgeting for a College Education (as reported by Gerber Life on Mint.com)
There are a number of big ticket items that people will purchase in their lifetimes, such as cars, houses, and vacations. But there is perhaps no purchase that will be bigger than a college education. Most parents hope to help out, if not take care of their children’s college tuition completely. But the cost is… Read More
Maximizing the College Experience while Staying in Your Budget (as reported by Nancy Anderson via forbes.com)
Heading off to college is an exciting time in many young people’s lives. For most young people this is the first experience living outside of a parent’s house and managing their own expenses. College life provides many unique experiences and challenges for a young adult, not the least of which is covering the huge expense… Read More
College students finding more paid internships (as reported by Venessa Wong via businessweek.com)
Alright, time to give your students some future college career advice. During college students can find some lucrative PAID internships now that the economy is back (or at least somewhat trending back). Students in technology and finance are at the top of the list of best compensated internships with monthly wages as much as $6074!… Read More
College students’ financial aid could see 8.2% reduction (as reported by AnnaMaria Andriotis via marketwatch.com)
College-bound students are looking anxiously towards forthcoming letters from universities for the Fall 2013 class. While cost is always a factor in a student’s decision, the question may have recently been complicated by the Federal government’s ongoing budget debate. The automatic spending cuts that were scheduled to enter into effect on January 1, 2013 contained… Read More
Is outsourcing losing its appeal? (as reported via cnnmoney.com)
Journalists are beginning to chronicle the return of a number of manufacturing and service jobs to the U.S. from abroad. Companies claim that a number of factors are making it cheaper to do more work locally, as opposed to sending it abroad where advantages in wages may be overcome by other costs. One take on… Read More
Student loan’s delinquency at multi-year high (as reported by Elizabeth Dexheimer via bloomberg.com)
Fair Isaac Corp., which created the FICO score that is used as a measure of consumer credit risk, announced today that the delinquency rate on student loans stands at a multi-year high. The delinquency rate rose to 15.0% between 2010 and 2012, as opposed to a rate of 12.4% between 2005 and 2007. This seems… Read More
Payroll tax affecting consumers (as reported by Hadley Malcolm via usatoday.com)
In the month of January, employees may have noticed that their pay check became a bit smaller. One explanation for this change is the expiration of the Social Security payroll tax, which had been cut since 2010, but rose again at the end of 2012. A recent article offers some early notions of how this… Read More