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.
The general consensus among the public is that the cost of college has risen dramatically over the past few decades. We’ve reported how much the rise in college tuition has outpaced gas, cars and any other household item that the government tracks. According to the government, college tuition and fees have risen a shocking 107 percent since […]
It’s not easy to quantify how much a college degree is worth in dollars. While we know that college graduates make $830,000 more by retirement on average than their less-educated peers, that number can vary widely by individual, college, major and more.
And of course, there are many intangible benefits to going to college. But with costs topping $60,000 at some colleges and continuing to rise, more students and families are realizing they need to consider a college’s future value when determining where to invest their tuition dollars.
A new college-ranking system makes that easier by ranking colleges based on how much better off graduates are financially once they earn a degree.
We’ve stressed that a college degree is a good investment despite its high cost. Now, we know exactly how much it’s worth: an extra $830,000 in your pocket, according to the Federal Reserve Bank of San Francisco. College grads earn 61% more per year According to the study, college graduates earned on average about $20,050 (61%) more […]
With college tuition rising every year and student debt at an all-time high $1.2 trillion, it’s not surprising that students and families have begun to question whether college is actually worth the cost.
Most likely due to high costs, high school graduates are choosing to forgo college in favor of working. But at what cost?
Is a college degree worth the cost? Should everyone go to college? In the video below from CNN Money, “Freakomics” author and journalist Stephen Dubner answers these questions about higher education and offers his take on the rising cost of college. Dubner says that, overall, getting a college degree pays off over time. If, however, […]
We’re proud to be based in Western New York, and we’re always glad to see the area get national recognition.
That’s why we were so excited to hear that Buffalo, the largest city in the region, was recently named the top medium-sized city for new college graduates by CreditDonkey.com.
The city’s low rents, low job competition and great nightlife make it an attractive destination for young college grads hungry for employment and fun while still affording their student loan payments.
Sen. Elizabeth Warren (D-MA) says student loan interest rates are ‘crushing’ former students, and something needs to be done. She introduced a plan in March that would let student loan borrowers refinance their loans at lower interest rates. And last week, she filed the bill with the support of 27 co-sponsors. Plan would let borrowers refinance […]
College applications were down this year at many top colleges, including Harvard and Dartmouth. This has led some in higher education to worry whether we’ll start seeing fewer people completing college degrees. It’s even caused some colleges to be forced to close. Law schools cutting tuition to attract students Many law schools have seen similar declines […]
Good news (finally!) for young college graduates.
According to a survey released on April 16, employers said they plan to increase the number of college graduates they hire this year by nearly 9 percent.