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Tag: economy


The best states for college grads to make a living

Posted on June 24th, 2016

As new college graduates look for jobs and prepare to start the next phase of their lives, many consider moving for career or financial reasons.

With most graduates carrying student debt, finding a place to live where they can build a career and repay their loans is extremely important.

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Podcast: The rising cost of a college education

Posted on March 19th, 2016

Students in the U.S. pay more for college than in any other country. It’s no secret that the cost of college has risen astronomically and continues to increase each year.

But why is this the case? And what can be done to prevent costs from rising even further?

In a recent podcast from the University of Pennsylvania’s Knowledge@Wharton High School, Wharton management professor Peter Cappelli and PricewaterhouseCoopers Partner Michael Deniszczuk discuss why costs have risen, how financial aid can affect the cost of college and how student loans have affected borrowers and the economy as a whole.

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Watch America’s student loan debt grow $3,055 every second

Posted on September 5th, 2015

We write a lot about the country’s rising student loan debt and the fact that it’s already over $1.3 trillion, as well as the effects it’s had on the economy and borrowers’ lives.

But it’s a lot different to actually see it grow by the second. MarketWatch has created a national student loan debt clock to help people visualize just how quickly student loan debt is growing, and it’s pretty sobering to watch.

In fact, by the time you finish reading this post, it will likely have grown by $366,600.

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How to graduate college with a job you love & less debt

Posted on August 20th, 2015

"We are essentially paying $1 every single minute we are on campus. If you’re going to invest that kind of money into your education, you want to make sure you’re getting a return on your investment." -- Jullien Gordon

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Where the jobs are for future college graduates

Posted on July 8th, 2015

While college does more than prepare you for a job, it’s a reality that career preparation is part of a college education.

With the average cost of college rising rapidly each year and student debt topping $1.2 trillion, it’s crucial for today’s college students to research what types of jobs they’ll be able to get after college and figure out how much they can expect to make, particularly if they have student loans to pay.

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Half of recent college graduates still rely on money from parents

Posted on June 24th, 2015

Most parents look forward to their children graduating from college, as it marks the time in their lives when they can start becoming real adults and taking care of themselves–moving out, finding a full time job, and potentially getting married, having kids, or buying a home.

But a recent study from the University of Arizona, as reported by CNN Money, has found that that’s not the case for more than half of recent college graduates, who report they still depend on their parents for money.

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CFG founders give advice to families paying for college

Posted on October 8th, 2014

"You need to treat choosing a college like a business transaction, not an emotional transaction." -- CFG Co-founder Andy Leardini

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The economic value of college majors

Posted on September 12th, 2014

"Today’s college students, then, need to choose a major that maximizes their chances of graduating, and minimizes their chances of ending up in that bottom 25 percent, where they would have been better off skipping college, at least financially." -- Ben Casselman

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Underemployment in America

Posted on September 4th, 2014

According to a recent PayScale survey, of 68,000 workers, 43% of Americans feel underemployed in their jobs.

As we recently reported, the worker’s choice of college major is a factor in feeling underemployed. Healthcare and Business majors were among the top majors listed by underemployed workers.

This infographic from PayScale presents a broader look at underemployment in America–including the jobs in which workers feel most underemployed and the ‘hard’ and ‘soft’ job skills employers most value.

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The college majors that lead to the most & least underemployment

Posted on September 2nd, 2014

When it comes to choosing a college major, we’re advocates for doing what you love and picking the area in which you’re most interested.

If you’re passionate about what you’re studying, you’re more likely to succeed both during and after college.

That being said, particularly with the rising cost of college and increasing student debt, we believe that students need to be realistic about their future prospects when making the choice to attend a college and, perhaps, go into debt to earn a Bachelor’s degree.

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