Author: Amanda Reaume

The ‘College Experience’ Is The Most Expensive Party You’ll Ever Go To

As September approaches and a new class of freshman head off to college, many are looking forward to enjoying the ‘college experience’ that they read about in brochures and potentially experienced during campus visits. But what is the ‘college experience’ and how long will students end up paying for it?The College ExperienceWhen you hear the words ‘college experience,’ you likely think of students enjoying their time on campus and meeting new friends. It might mean a beer at the local pub for some people or participation in Greek life for others. It could mean an opportunity to get involved...

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It’s In A State’s Best Interests To Better Fund Higher Education

Education is one of the key ways that children from modest backgrounds have traditionally done better financially than their parents did before them. In the past, a great number of students from poor backgrounds have greatly benefited from state colleges, which provide in-state students with subsidized tuition and make going to college more affordable. This has meant that living the American Dream was available to almost everyone who worked hard and did well in school. But, in recent years, significant cuts to state colleges by state governments have put the state college ideal of an accessible education into jeopardy...

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The Best Stimulus: Reduce Student Loan Interest Rates and Forgive Loans

Whenever there are economic slowdowns, politicians like to talk about stimulating the economy. Often, it’s in the form of a tax break. Sometimes they opt to invest money to upgrade old bridges and roads. Their goal is to get money moving again and ensure that people keep spending.But what if the best way to stimulate the economy is one that’s rarely talked about?Student Loan Debt Is a Big Drag On The EconomyStudents are graduating with record levels of student loan debt. In 2016, that worked out to an average of $30,000 per borrower, according to education expert Mark Kantrowitz....

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The Government Shouldn’t Be Making Money Off Student Loans

According to Congressional Budget Office, it’s estimated that the government will make as much as $135 billion over the next decade on student loans. While some people argue the method used to come up with that $135 billion figure doesn’t properly take into account the risk of economic turmoil, there is a good chance that if the economy does well in the next ten years the government will end up making large profits off the backs of student loan borrowers.So, the question everyone is current asking is should they be profiting off these loans?The Election Has People Talking About...

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Student Loan Debt Could be Reduced With Better Financial Education

Students today are graduating from college with an average student loan debt of over $28,000. While this is obviously a crisis that has many causes, there are some causes we talk about more often than others. If you follow news about the mounting student loans debt, you will most often hear people talk about the problem of rising tuition prices which is often blamed on things like the reductions in state funding for state colleges, overblown infrastructure spending on campuses, and bloated college administration budgets.   These problems absolutely contribute to the ballooning of student loan debt and we should...

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