A good article in the WSJ explores the question: … [Read more...] about Are Student Loans Holding Back Home Ownership?
Thriving at College
Smaller Share of College Students Are Working Their Way Through School
This does not bode well. Since 1979, "taking inflation into account college costs for both private and public institutions have more than doubled, while median hourly wages for young people have fallen by 18%." Read the whole thing. Related: The Myth of Working Your Way Through College … [Read more...] about Smaller Share of College Students Are Working Their Way Through School
Big Sale on Preparing Your Teens for College
Available on Amazon's Kindle, or other e-readers. Or learn more about the book. … [Read more...] about Big Sale on Preparing Your Teens for College
New Documentary Asks Is College Worth It? Why is it So Expensive?
This documentary hits theaters this month: … [Read more...] about New Documentary Asks Is College Worth It? Why is it So Expensive?
Why Aren’t College Graduates Ready for the Workforce?
Bentley University's PreparedU Project: Fifty-nine percent of business decision-makers and 54 percent of corporate recruiters give recent graduates a grade of C or lower for preparedness in their first job. Why? There's a disconnect between business decision-makers and corporate recruiters in what it means to be prepared. Students define preparedness as “being prepared in general.” Business decision-makers and corporate recruiters define preparedness more specifically: work ethic, adaptability, a good attitude, respectfulness and maturity. Six in ten business leaders give … [Read more...] about Why Aren’t College Graduates Ready for the Workforce?
Under 40? Got Student Debt? Good Chance You’re Poor
Walter Hamilton writing for the LA Times: College graduate heads-of-household under 40 with student debt have a median net worth of only $8,700, according to the analysis by the Pew Research Center. That’s a fraction of the $64,700 the same group without college loans is worth. They're not all drowning in student debt--the median student debt for this group is about $13,000--it's that "because of the other loans they’ve taken out, the median total indebtedness of college graduates under 40 with student loans is $137,010...compared to $73,250 for their counterparts with no college debt." … [Read more...] about Under 40? Got Student Debt? Good Chance You’re Poor