For-profit colleges: Closures add to student debt crisis

Completing a college degree is hard enough. There are the hours of studying and the balancing act between school, job and a social life. Now add to that the chance that it all ends at the eleventh hour when your school closes its doors. That’s what happened to thousands of students attending the for-profit colleges owned by Corinthian Colleges.

Students protest amidst the student debt crisis. (Credit: Getty Images)

Students protest amidst the student debt crisis. (Credit: Getty Images)

For these students the question of student loan repayment is critical. What is worse, negotiations regarding forgiveness of their federal student aid have stalled. Here’s what college students need to know about this new wrinkle in the student loan crisis. Read more

Top ten myths about college: What you need to know

When I was in college full-time I heard so many cliché myths in the book: “You’ll gain 15 pounds your first year,” “It’s OK to get all Cs,” and “You’re supposed to be stressed out,” blah, blah, blah. You need to know that myths are just that: myths.

Time to debunk those so called college myths. (Credit: inlander.com)

Time to debunk those so called college myths. (Credit: inlander.com)

If you’re going to survive your college experience, you’ll want to read this list of the top ten myths about college. Read more

Should these college students pay back their loans?

Just like you (unless of course you graduated debt free, then congrats!), I had student loans to pay back long after I graduated. But I attended a traditional, private, four-year college. However, some students who attended for-profit colleges joined the Department of Education (DOE) in a meeting hosted by the U.S. Consumer Financial Protection Bureau (CFPB).

Student loans are a common issue among college students. (Credit: Cagle Cartoons)

Student loans are a common issue among college students. (Credit: Cagle Cartoons)

The students, who represented hundreds of others, had taken out federal financial aid as well as private student loans to attend Corinthian College. They say they are not repaying their loans. Does this seem fair? Let’s discuss it. Read more

President Obama offers free community college

President Obama recently proposed offering free tuition for two-year community college. The free tuition would be available for low-income students who maintain a good college GPA.

Learn more about what free community college means. (Credit: Solano Tempest)

Learn more about what free community college means. (Credit: Solano Tempest)

The goal of the proposal is to increase graduation rates of college students with some exposure to higher education, allow more students to transfer to four-year colleges and to prepare students for the modern job market. Some who criticize California community colleges say a nationwide program for free community college will not fare much better. Read more

Meet the 2014 Tillman Military Scholars

In recognition of service, leadership and academic excellence, the Pat Tillman Foundation is proud to announce 58 U.S. service members, veterans and military spouses as their 2014 Tillman Military Scholars.

2014 Tillman Military Scholars. (Credit: pattillmanfoundation.org)

2014 Tillman Military Scholars. (Credit: pattillmanfoundation.org)

The recent class will receive over $1.4 million in scholarships to pursue their higher education dreams. They will also continue to service in their fields, including medicine, law, business, government, education, technology and the arts. Read more

Strike Debt challenges student loan debt crisis

It may seem like it’s been awhile since Occupy Wall Street took over town greens and camped out in front of businesses to protest the rising gap between the wealthy and the 99%.

The group Strike Debt takes on the issue of student loan debt. (Credit: Occupy.com)

The group Strike Debt takes on the issue of student loan debt. (Credit: Occupy.com)

But while the movement has largely disappeared from the headlines, a spin-off group known as Strike Debt, which previously purchased medical debt and forgave it, has continued to work on behalf of those who can’t afford the rising costs of their debt repayments. That includes recently graduated college students who are facing what many media outlets consider a student loan debt crisis. Read more

What you need to know about student loans for college

The fall semester of college is just around the corner and applying for student loans may be on your to-do list. But in the flurry of filing paperwork are you thinking about how the student loan repayment will affect you in the future? Probably not.

It's important to read the fine print when filing for student loans. (Credit: Collegescholarships.org)

It’s important to read the fine print when filing for student loans. (Credit: Collegescholarships.org)

By the time you graduate your student loan balance may be pretty large. It’s going to take a student loan calculator to help you figure out what you can afford to pay and how long to pay off the loan. Here are a few things you need to know about student loans and how it affects your life. Read more

How to become an entrepreneur while still in college

You don’t have to worry about facing a tight job market after college if you know how to start your own business now. Entrepreneurship isn’t for everyone, but if you like calling the shots and taking some chances it may pay off big time.

One successful entrepreneur, Mark Zuckerberg, started Facebook in his dorm room in 2004. (Credit: Business Insider)

One successful entrepreneur, Mark Zuckerberg, started Facebook in his dorm room in 2004. (Credit: Business Insider)

How to be an entrepreneur? Start off by looking at successful entrepreneurs like Mark Zuckerberg, who started his business while attending Harvard. Let’s take a look at what you can do to start your business now. Read more

Need to know tips for a great college life

The prospect of heading to college in the fall as a freshman is scary enough, but if you can prepare yourself just a little bit for what you’re getting yourself into, you’ll be much more relaxed. Read on to find out some things you need to know about college life!

A description of how college life is portrayed by different parties. (Credit: College Candy)

A description of how college life is portrayed by different parties. (Credit: College Candy)

Financial life

You’ve likely heard of FAFSA, but have you filled out your application? Read more

Are you eligible for the Pay As You Earn plan?

On June 9, 2014, President Obama signed an executive order that will make it easier for millions of young borrowers to repay their federal direct student loans.

The Pay As You Earn plan will help relieve student loan payers. (Credit: Deviant Art)

The Pay As You Earn plan will help relieve student loan payers. (Credit: Deviant Art)

With average student loan debt hovering around $30,000 per student and total student loan debt outpacing total credit card debt, borrowers will welcome the new ‘Pay As You Earn’ repayment program. Under the program loan, payments change based on your income and family size. Read more