It seems like student loan debt is all over the news but there are still a lot of students out there who don’t know what they’re getting themselves into when they apply for college. Today’s article explains the issue, here’s what they had to say, “Many of these students don’t understand what they’re getting into when they enroll in college. They don’t realize that the medical-assistant certificate program in which they’re enrolling won’t do much to improve their job prospects. Or they don’t understand that the two- or four-year college that they have chosen has a dreadfully low graduation rate.” To read more, CLICK HERE.
Today’s article is an opinion piece about whether parents should be obligated to help their child through college and the recent case of Caitlyn Ricci who sued her parents because they wouldn’t pay for her education. Here’s what the author had to say, “Financial aid, financial shmaid. The bigger issue here has little to do with whether Ricci is a deserving daughter or applied for financial aid. It concerns whether or how parents can be forced to pay for the higher education of someone who is legally an adult. We don’t even have to let them live in our houses, we can’t control what contracts they sign or the other decisions they make. How did we become liable for an adult’s college costs?” To read more, CLICK HERE.
Today’s article discusses the benefits and downsides to a Roth IRA for college savings. Here’s what they had to say, “For the first year of college, a Roth IRA will likely be better for financial aid purposes than something like a 529 plan. That’s because none of your Roth IRA assets will be considered as part of your Expected Family Contribution on the FAFSA application. But if you withdraw money from your Roth IRA to pay for college expenses (or anything else for that matter), the full amount of that withdrawal will be considered income on the next year’s FAFSA application and that will hurt your financial aid eligibility for that year.” To read more, CLICK HERE.
You’ve been out of college for a little while now and you finally landed a steady job where you can afford to live. However, before, when you were working a temporary job, you had filed for an income-driven student loan repayment program where your payments were affordable due to your smaller salary. Now, your salary has increased significantly, what does that mean for your payments? Today’s article discusses how you can avoid ridiculously increased payments because of a change in your salary. Here’s what they had to say, “…let’s look at what it would cost a student loan borrower with $40,000 in income and $40,000 in student loans if their payment increases. The payment on Pay as You Earn would be less than $200, while the standard 10-year repayment plan payment would be over $450. Even if the borrower’s income increased by $10,000, submitting new paperwork would still save them about $200 per month on their monthly payment.” To read more, CLICK HERE.
Today’s article discusses what should be done to help the education in this country. Here’s what they had to say, “the reality is that growing up poor, in chaotic and sometimes traumatic environments, places tremendous roadblocks between children and academic success. Removing those roadblocks takes smart policies that actually get to classrooms, adequate funding that’s spent wisely, sustained and effective leadership, and great work every day from capable, committed, and caring teachers, principals and school staff.” To read more, CLICK HERE.
It’s no secret that student loan debt is getting out of hand. Students are faced with the decision of whether to go into massive debt for a degree that may or may not help them get a job in the future. Today we’re bringing you a video that compares the housing market crisis to the current student debt crisis and points out similarities. To check out the video, CLICK HERE.
Today’s article discusses a study about Generation Z, a new batch of young adults aged 16-19. The study claims Generation Z are motivated. Here’s what the article had to say, “The survey was conducted in October through online and telephone polls of more than 1,000 teens between the ages of 16 and 19. The sample was tailored to represent different ethnic and socioeconomic groups across the United States, said Mike Armini, Northeastern’s senior vice president for external affairs. The findings will be presented Tuesday at a summit in Washington, D.C., called, “Innovation Imperative: Meet Generation Z.”” To read more, CLICK HERE.
Today’s article discusses great tools for teachers that teach STEM, science, technology, engineering and mathematics, education. Here’s one of them, “iPads have been a contentious addition to some classrooms. But many educators report that iPads have drastically altered the way information flows in their classrooms. Teachers can send notes and worksheets directly to students during class, and students are able to turn in homework digitally for near-instant feedback. ” To read more, CLICK HERE.
Just when you thought schools weren’t getting enough money that that they need, today’s article finds that spending is getting lower and lower. Here’s what they said, “based on the Center for Budget and Policy Priorities (CBPP) 2014 report, “Most States Funding Schools Less Than Before the Recession,” 24/7 Wall St. reviewed the 14 states with at least 10% declines in state general education funding between fiscal year 2008 and fiscal year 2015. In Oklahoma, per pupil spending fell by nearly 24%, the largest decline nationwide. These are the states slashing school spending.” To read more, CLICK HERE.
Today’s article discusses whether online education like massive open online courses are ruining higher education or not. Here’s what they had to say, “there’s a debate whether a recent boom in online-university courses democratizes higher education, or provides a playground for the wealthy. Both a supporter and a sometime critic of online courses had the same message on Tuesday: Commuter and community colleges may get squeezed as the Web increasingly becomes alternative to traditional courses.” To read more, CLICK HERE.