The cost of college is at an all-time high, thus making the decision to attend (and the ability to afford) college a daunting one. With the "recovering" economy, soaring unemployment rates, and the terrible job market, adding school loan payments to the mix seems risky. Is earning (or having) a degree financially worth it in this day and age? Let's look at some recent data to find out.
As the cost of college soars to unsustainable heights, its efficacy has been seriously called into question. Students now have direct access to employers, open-access online courses and a jaded outlook of "finding the right fit" when selecting a place to pursue their higher education. With so many colleges giving such a low return on investment, more people demand to know what they're actually paying for.
Back in the day, when life wasn't as ridiculously expensive, choosing a college meant considering the school's student life, culture, reputation and academics. With the sharply rising cost of education, that choice has come down to cold hard cash. The biggest question in the minds of students: How much debt will I graduate with?
U.S. youngsters are having a tougher time finding work than their counterparts in other wealthy, large economies. What's going on here? In the land of plenty, shouldn't young talent have a smorgasbord of job offerings to choose from?
The guy became an investor at 11 years old, paid his way through college with profits from his childhood business and later became one of the greatest billionaire moguls and philanthropists of all time. Warren Buffet knows what he's doing.
The national student debt now stands at more than $1 trillion. It marked the first time in U.S. history that college debt outnumbered credit card debt. A bill making its way through Congress aims to help Americans better deal with that burden of college debt.