Both undergraduate and grad school students flunk the financial literacy test when it comes to student loans, according to newly released data that polled hundreds of students. The survey, conducted in January 2016, was the subject of a recent article in Bloomberg News – mainly because the results were so disturbing....
More than 55% of people who responded to a financial literacy survey reported that they were financially astute and smart about their money. The problem is, many of those who claimed to be financially savvy also reported that they make many mistakes that are considered hallmarks of financial instability. Overall, the results...
In the United States, 70 percent of students graduate with loans and the national student debt is a staggering 1.1 trillion. College costs are continuing to rise and we want to help current and future students (and families!) manage college debt. We recently launched the EdU Scholarship Award program to help...
The month of May has always marked the time when college students across the nation finally make their walk across to receive their diploma. Many students were fortunate enough to receive scholarships and grants, while others took out student loans, even using extra money for shopping sprees. The average college...
Obtaining a college degree is a huge financial burden to many students and their parents, and it’s only getting worse. Figuring out how to cover the cost of tuition and additional expenses for college can be a daunting task. However, if you start planning early, it may not be as...
With school back in session many families are trying to figure out how to pay for college. A great option would be opening a 529 plan. This is a savings plan that offers special tax advantages and are specifically designed to help people save up money for college. 529 plans...
Tuition is a heavy financial burden, but when you also add on the miscellaneous expenses that come with college life it adds up quickly. For most students, college represents their first time away from home, which adds to the stress of managing their own budget. Students are offered all sorts...
*Last updated December 2014 Tuition in the USA has risen so far, so fast, that it can be almost impossible to finance your education without help from a lender. That can lead to other challenges, though, and student loan debt is one of the biggest obstacles to financial success for many...
Tuition costs are really high whether you are attending an in-state university or out-of-state university. Many times though, students will be accepted by an out-of-state college they have their mind set on, even though they end up paying a lot more for the same degree. That’s why some students and...
Students who are ready to start college for the first time or who are already in college have likely been receiving credit card pre-approvals in the mail for weeks. It’s important to do your research on all the cards on the market today instead of applying to the first offer...
*Last updated December 2014 For millions of students, the cost of higher education is beyond their reach. They may not have the luxury to choose whether to go to college or not, but those who are fortunate enough to have a shot at continuing their education after high school are still...
Sending a child off to college can be a nerve-racking experience for a parent. In most households it is the first semi-permanent parent-child separation, and the young adult rite of passage can make parents both extremely proud and filled with angst. Parents may feel rather helpless sending their kids out...
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