Education

An Advanced Degree Can Help You Earn More Money – and Spend It All, If You’re Not Careful

For many college graduates, an advanced degree is a one-way ticket to earning more. By working beyond a bachelor’s degree, new graduates can climb the corporate ladder, move into middle or upper management, and perhaps score a higher-ranking position at a new firm. While not all jobs that require advanced degrees pay enough to justify […]

Education

Three Big Mistakes Students Make When Accepting Financial Aid

I graduated college with $145,000 in student loans. The worst part about it? I was willfully ignorant about the amount I borrowed. It would all be paid off by Future Me, right? Besides, not once during my economics courses was there a discussion about the adverse effects of high student debt. How bad could it […]

Education

Best Student Loans in 2017

Figuring out how to pay for college can be a stressful, complicated process. I remember being overwhelmed when I started at a pricey private college, which I paid for with a hodgepodge of scholarships, grants, federal and private loans, work study, and my own money. Recommended Student Loan Companies Learn More Learn More In this […]

Education

The K-12 Teacher’s Guide to Funding Classroom Supplies

It’s often been said that you can’t put a price on education, but what about the out-of-pocket classroom expenses incurred by educators each year? In 2015, the average teacher spent somewhere in the neighborhood of $500 with 10% spending $1,000 or more. And these were not isolated incidents. According to an AdoptAClassroom.org study, 91% of […]

Education

The College Student’s Guide to Getting Out of Credit Card Debt (2017)

Credit cards can be powerful tools for college students. By using the right credit card responsibly, students can graduate with zero debt and and a great credit score that will help them score a better interest rate when buying a home, qualify for credit cards with better rewards, or get a small business loan. Unfortunately, […]

Education

Watch These 10 Famous College Commencement Speeches for a Boost of Inspiration

Every year, college graduates get the opportunity to enjoy commencement speeches from some of the biggest names in art, religion, sports, business, and every other conceivable niche. Over the years, lucky graduates have been able to hear impassioned calls to action by Gloria Steinem, encouragement to be original from Ralph Waldo Emerson, and even a plea […]

Education

How to Choose the Right 529 Plan to Save for College

A 529 plan is a great way to save for your child’s college education, but it can be challenging to figure out which plan you should use. 529 plans are a little strange in that they’re run by individual states, but there’s no requirement that you use your home state’s plan. And given that almost […]

student loan debt
Education

5 Tips to Help You Pay Back Your Student Loans

An estimated 11% of students’ loans are in de fault as the average student loan debt now exceeds $30,000, which is really a big sum. The Department of Education already expanded repayment options like pay-as-you-earn plans (PAYE) and income-based repayment plans (IBR) over the last few years, but many students are still struggling with this […]

Education

The Road to Financial Armageddon #3: Cash & College

Last time, we reviewed the mistakes I made during my earliest days of dealing with my own finances, and it was clear that I was already showing some grave errors in financial planning. After high school, however, I found my way into college, an environment where I would have an opportunity to learn many things, […]

Education

#14: Paying for College

This is part of a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. How Much College Should I pay for? Rule #14: Aim to accumulate enough money […]