Category: Student Finances
The analysis published under this category are as follows.
Tuesday, July 25, 2017
Students, It’s Time to Prepare Your Finances for the Years Ahead / Personal_Finance / Student Finances
By: MoneyFacts
As we approach a brand new academic year, prospective students and those ready to graduate might be considering the most cost-effective bank account that will cover their day-to-day needs. Choosing a good student bank account and finding out how to manage finances will be an essential part of life, especially for those who will be living away from home for the first time.
The latest analysis by moneyfacts.co.uk highlights some of the most essential elements when it comes to choosing the right student account and how students can prepare themselves for the years ahead.
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Thursday, July 20, 2017
The Student Loan Bubble and Economic Collapse / Interest-Rates / Student Finances
By: Antonius_Aquinas
The inevitable collapse of the student loan “market” and with it the takedown of many higher educational institutions will be one of the happiest and much needed events to look forward to in the coming months/years. Whether the student loan bubble bursts on its own or implodes due to a general economic collapse, does not matter as long as higher education is dealt a death blow and can no longer be a conduit of socialist and egalitarian nonsense for the inculcation of young minds.
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Wednesday, June 28, 2017
Important Money Management Tips For Teenagers / Personal_Finance / Student Finances
By: Boris_Dzhingarov
Financial literacy among teenagers is much lower than it should be. This is, in part, because money management education is not properly taught in schools. Most of the teens have no idea what personal finance is and why it is important. Parents are the ones that need to teach teens about money management. Obviously, this is much more difficult than it seems. The good news is that raising financially literate teenagers can be done. Follow these tips to do exactly that. Read full article... Read full article...
Thursday, May 04, 2017
The Student Debt Servitude Sham / Politics / Student Finances
By: Gordon_T_Long
Many today strongly believe it is morally wrong to indenture students to the degree of liabilities presently required to achieve the education required to become a productive contributor within our modern society.
The question we need to demand answers to is why has college costs for students exploded upward, while salaries and job positions for graduates has not? What is driving the relentless and inexplicable surge in the debt burden for students and their parents?
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Thursday, October 27, 2016
The Next Big Shoe to Drop – Student Loans / Interest-Rates / Student Finances
By: Dr_Jeff_Lewis
More than 40 million young Americans carry federal and private student loan debt – amounting to over $1 trillion. Defaults are on the rise and the issue has grown to become a nasty wealth transfer mechanism, as well as sad example of the failure of finance in general.
This week, President Obama announced a new initiative framed as a way of addressing the issue. Sadly, it is far from the mark, and just one more indication that monetary masters are the real puppeteers.
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Thursday, August 04, 2016
What Student Debt Problem; Simple Solution ends the problem / Interest-Rates / Student Finances
By: Sol_Palha
A problem clearly stated is a problem half-solved. Dorothea Brande
The real issue is that there are college students that don’ want to work and want to go to the best colleges money can buy, and the parents are encouraging this. What happened to the day you went to the college you could afford, and you worked to pay for all of it or, at least, helped your parents. The problem lies with the parents and the kids; the parents are encouraging this asinine behaviour. Today’s generation believe that they are entitled to the best of the best without having to work for it. College Graduates that are drowning in debt, but still refuse to give up on luxuries is a perfect example of this principle in action. Instead of tightening their belts, they continue to add to the debt and then cry wolf when everything starts to fall apart.
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Friday, April 22, 2016
Blanket US Student Debt Amnesty Now / Politics / Student Finances
By: Mike_Whitney
A couple weeks ago the Wall Street Journal confirmed our worst fears about the student loan program, that is, that it was going to blow up in the government’s face just like all the other gigantic debt-bubbles that preceded it. For the sake of background, here’s a brief excerpt from the article that will bring readers up-to-date:
Read full article... Read full article...“More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising worries that millions of them may never repay.
Friday, February 12, 2016
Looking For The Next Financial Crisis; Try Student Debt / Stock-Markets / Student Finances
By: Sol_Palha
"Calamities are of two kinds: misfortune to ourselves, and good fortune to others." ~ Ambrose Bierce
Student debt is increasing at the rate of almost $3000.00 per second; this is stunning considering that education tour system does not even rank in the top 10 globally ; we are ranked 18 out of 20. Worse yet, it indicates that colleges are simply forcing young individuals to take on mind-boggling amounts of debt in the hopes of landing a good job when they graduate. Getting a student loan is about as easy it was to get a loan during the booming housing market cycle and look how that story ended.
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Tuesday, September 29, 2015
Question to Millennials: Why Are You Not Mad as Hell Yet? / Politics / Student Finances
By: Mike_Shedlock
Millennials, why are you not angry about ...
- Having to pay Social Security when it won't be there for you.
- Paying exorbitant taxes for public pension handouts and boomer retirements at age 50 for which you receive negative benefits.
- Obamacare for which you overpay to support the obese and the nicotine addicts.
- Enormous student debt burdens for which you received little benefit.
I ask this in response to an email I received from Rich Renza who writes ...
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Thursday, September 03, 2015
The Student Loan Crisis Is Mounting / Interest-Rates / Student Finances
By: Peter_Schiff
Addison Quale writes: "You need a college degree to succeed in America." This idea has become so commonplace that the right to higher education is now a core issue in most political platforms. What if a young person cannot afford a college degree? The "obvious" answer from politicians on both sides of the aisle is that the government should subsidize them. Very few are brave enough to ask the far more important question: "At what cost?"
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Thursday, August 13, 2015
Student Finance Bank Accounts - Choose Wisely / Personal_Finance / Student Finances
By: MoneyFacts
Within the next month, many students will be heading to university, and for some this could be the first time they will live away from home and be solely in charge of their money.
As a new chapter in their lives begins, students need to make sure they learn how to manage their finances throughout their further education, and one of the best starting points is picking a good student bank account.
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Thursday, July 02, 2015
The Student Loan Bubble: Gambling with America’s Future / Personal_Finance / Student Finances
By: Peter_Schiff
Addison Quale writes: The federal government can't seem to help itself. After overseeing the inflating and bursting of the dot-com bubble in the 1990s and the subprime mortgage bubble in the 2000s, the United States government is at it again - this time in the area of student loans.
Student loan debt now stands at a record $1.2 trillion, which represents the second largest category of consumer debt after home mortgages. It has grown by leaps and bounds since the financial crisis of 2008 and now surpasses even car loans and credit card debt.
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Wednesday, April 22, 2015
They Said Go to College - Learning to become Debt Slaves / Politics / Student Finances
By: James_Quinn
When I graduated from college in 1986 it was easy to get a job. The economy was booming and 82% of college graduates had a job. The other 18% were probably raising kids because their college educated spouse made enough to raise a family. The mantra for my entire life has been – go to college and you’ll get a good paying job. It seems something went wrong on the road to riches. The percentage of college graduates with jobs has been falling for the last 30 years and has been plummeting since 2008. It is now at an all-time low of 74.3%. Shouldn’t these people have obtained jobs since the government tells us the unemployment rate has dramatically dropped from 10% to 5.5% since 2009?
Monday, March 02, 2015
Students Getting a PhD in Subprime Debt - U.S. Debt Breaking Bad Part 3 / Personal_Finance / Student Finances
By: James_Quinn
In Part One of this three part article I laid out the groundwork of how the Federal Reserve is responsible for the excessive level of debt in our society and how it has warped the thinking of the American people, while creating a tremendous level of mal-investment. In Part Two I focused on the Federal Reserve/Federal Government scheme to artificially boost the economy through the issuance of subprime debt to create a false auto boom. In this final episode, I’ll address the disastrous student loan debacle and the dreadful global implications of $200 trillion of debt destroying the lives of citizens around the world.
Monday, July 28, 2014
Subprime Loans Just the Start of Students’ Debt / Personal_Finance / Student Finances
By: Money_Morning
Shah Gilani writes: This is amazing.
If you’re about to become a college student, if you’re already a college student, or if you’re simply in debt and need more credit and plan on becoming a student again, you’re in luck.
Financial services giants Discover Financial Services Inc. (NYSE: DFS), Capital One Financial Corp. (NYSE: COF), Bank of America Corp. (NYSE: BAC), Citigroup Inc. (NYSE: C), and U.S Bancorp (NYSE: USB), to name a few players in the student credit game, are bending over backward for you.
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Friday, June 13, 2014
Unintended Consequences of Obama’s Student Loan Policies / Personal_Finance / Student Finances
By: F_F_Wiley
So this week, President Obama’s populist, class-warring, shut-out-the-legislature, ignore-the-long-term-consequences romp through every corner of life turned to the education sector.
His new policies on student loans include greater access to both payment reductions and loan forgiveness.
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Monday, June 09, 2014
What Most Americans Don’t Know About Student Debt / Personal_Finance / Student Finances
By: PhilStockWorld
Courtesy of ZeroHedge: Submitted by Tyler Durden.
Now that student loans, well over $1.1 trillion, are hitting fresh record highs as… well… daily as the S&P500, the Fed is finally getting concerned about the latest debt bubble it has blown (not so much in equities). So concerned, in fact, the New York Fed recently added questions about student loans in its broad survey on consumer expectations to find out what people knew, or rather, did not know about this record debt mountain. We hope it was not shocked to learn that once again the bulk of Americans are taking on unprecedented amounts of debt without having a clue what the conditions are: accordint to the analysis, people don’t fully comprehend the ramifications of taking on student debt.
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Friday, February 28, 2014
One of the Biggest Financial “Rip off Traps” In History Has Just Met Its Match / Politics / Student Finances
By: Money_Morning
Shah Gilani writes: I’ve written and railed about rip-off student financial aid schemes here for years.
And based on all the very personal stories I’ve received, I know many of you are outraged as well – even more so because of your devastating first-hand experiences.
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Saturday, September 28, 2013
The Student Loan Bubble / Politics / Student Finances
By: Jeff_Berwick
James Guzman and Ben Vincent write: In 2008 the prospective career paths for much of America went up in smoke as jobs became more and more sparse. Many, still desperately clinging to the fantasy of the American Dream, are getting money the only way that they know how; borrowing it.
Thursday, July 18, 2013
Student Loan Interest Rates Still Tangled Up In Congress / Politics / Student Finances
By: Money_Morning
Tara Clarke writes: Student debt in the United States has already surpassed the country's auto loans and consumer credit card debt. A student loan bubble looms on America's horizon, and promises dark times should it ever burst.
And earlier this month, the student loan problem worsened.
Federally subsidized Stafford loan interest rates doubled from 3.4% to 6.8% after Congress missed the July 1st 2013 deadline, and instead recessed for the Independence Day holiday.
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