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Goodbye Free Stuff, Hello Better Credit Card Practices
Times have changed since I was in college, and I'm not just referring to the escalating cost of tuition. Banks hawking everything from free t-shirts and water bottles to free pizza used to set up their tables around the university center attempting to attract unknowing students to sign up for credit cards. As of February 22, 2010, those banks won't be allowed to coerce young adults with free stuff in exchange for completing credit card applications.
8 Tips to Get Back-to-Graduate School Ready
Back to school time isn't just for the kids. Nearly half of you are headed to graduate school for your first year or to continue your program this Fall. If you're not destined for the classroom, chances are you know someone who is.
Match the Quote to the Famous Commencement Speaker
Several famous individuals donned caps and gowns this graduation season to address the class of 2009, called upon to inspire the freshly college educated as they enter the real world. Can you match the words of wisdom to the famous person?
Question 1 of 9"For many of you, today, success is being able to hold down 20 shots of tequila.
How Five Class of '09 Grads Are Dealing With the Future
When the unemployment rate in one county alone nearly doubles the national rate, it's easy to see how the effects could be far reaching. About 18 percent of workers in Elkhart, IN were without jobs in April, and the sad statistic has drawn media attention to the hardships of a very particular demographic — the Elkhart Memorial High School Class of 2009.
Five seniors are the focus of an ongoing msnbc.com series that will follow the students as they handle the challenges of graduating during these economic times.
I'm Asking: What Was Your College Major?
A bunch of my college friends are coming into town tomorrow and their visit has me reminiscing about the time when we all met. My friends majored in subjects across the board, from economics to dramatic arts. I loved my college major and would choose it again in a heartbeat, though I know many others who wish they had chosen differently.
No Frills Universities Could Become More Commonplace
There's no question the cost of higher education has reached unaffordable heights for many American families, particularly now that middle-aged parents are dealing with the loss of their retirement savings. Some colleges are drafting new ways for kids to go to college without paying an arm and a leg or having to forgo college as an option altogether.
According to Richard Vedder, director of the Center for College Affordability and Productivity, the average cost of higher education has increased approximately 3 percent above inflation annually.
Is It Fair For Parents to Pay For a Foot in the Door?
Getting a leg up on the competition isn't as cheap as it used to be. More college students are realizing the importance of interning before graduation, and while many internships are unpaid, landing those spots isn't always free.
Internship companies like University of Dreams operate by charging students a fee to guide them through the steps of scoring a position.
Most Shocking Headline: Graduates Flee US to Escape Student Loans
Graduating with debt isn't the best way to start out in the real world, but it's a reality that many college graduates face. Most grads set up a plan to pay off their student loans within a certain time period, but some of the educated and in-debt have become too overwhelmed by their loans to repay them.
Instead of facing debt collectors, some students with massive debt are choosing to flee the country after they've defaulted on their loans.
How Money Are You: Cost of College in 2008-2009 School Year
Even as the economy flounders, the cost of the college experience is continuing to increase according to numbers for this year's bill, just released by the College Board. Let's all take a moment to be grateful for the college education we may have received, because in this economy, it's tougher for students and families to find the money for higher education. Take the quiz and make educated guesses about tuition and room and board in the current school year.
Graduates Flee US to Escape Student Loans
Student loans are increasingly necessary for many students to pay for college, but these massive debts are causing some graduates to flee the country. It may seem dramatic, but leaving the country sometimes seems like the only option for grads that have defaulted on their student loans and can't find another way to escape the debt collectors.
CNN Money profiled a student loan fugitive named Chris who got a foreign address to escape his $160,000 student debt from getting a master's degree in music.
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