Le Cordon Bleu Shuts its Doors Forever in January
Student Loan Forgiveness Available December 15, 2015: Career Education Corporation, previously looking to offload their Le Cordon Bleu cooking schools, has announced this morning that instead, it will be closing down all 16 of its campuses. New federal government regulations on career-based colleges have put the for-profit college in a tailspin that has forced them […]
10 Financial Literacy Rules You Need to Break and Why?
Straight into their first year of college, most students don’t have any financial literacy rules sense. They don’t save money, much less use it properly. Here are 10 financial literacy rules you need to break and why? 1. You Need Half a Year of Living Expense in Savings This has been a golden rule for […]
Avoiding Student Debt
Though it seems impossible avoiding the hardship of student debt, even to some degree, there are ways to keep your debt manageable. Of course, once you graduate, it won’t feel that way because lenders will pummel you eager for you to begin reimbursement. Take a deep breath- we get it! Tips: Avoiding Student Debt First […]
Can Paying off Your Student Loans Lower Your Credit Score?
Believe it or not, paying off your student loans completely can actually lower your credit score. Millions of people are in debt with student loans. The government kind of went a little trigger-happy in regards to student loans. Higher education is supposed to be a desirable investment, so the government decided to give just about […]
How Student Loans Are Ruining Students and Taxpayers Alike
Our national debt is growing at a phenomenal rate. We are already at $1.2 trillion and counting. Time doesn’t seem to be solving the issue. Every year, the issue as a whole appears to be getting worse and worse. The graduating class of 2014 has average student loans debt of over $33,000. The 2015 numbers […]
Retirement Issues You May Be Facing Today: Student Loan Debt in Retirement
Hitting the age of retirement is something most people look forward to. After spending an entire adult life working to afford a place to live, food to eat, a car to drive, and maybe a yearly vacation. The thought of not having to be beholden to “the man” day in and day out is appealing. […]
Westwood College Loan Forgiveness
Westwood college student loan forgiveness: This Past spring, when for-profit Corinthian Colleges unexpectedly shut-down beneath the weight of claims of deceptive actions, Corinthian students had an option under U.S. Department of Education guidelines: transfer to another college, or obtain a “closed school discharge,” which might free them from the responsibility of repaying the high-interest student loans that […]
Americas Worst For Profit Colleges, Did Yours Make The List?
25 Worst For-Profit Colleges and Universities Nonprofit Colleges Online is, at least in part, a website that was created in the wake of much bad publicity that came to surround online education due to the exploitative and fraudulent practices of some for-profit colleges and universities which came to light after a series of investigations in 2010. […]
Are Millennials Scared to Own Property? First Time Home Buyer
A survey conducted by the National Association of Realtors shows that 60 percent of first time home buyers that are having a difficult time getting a mortgage are millennials, thus separating them from previous generations of first time home buyer. This divide is not because millennials do not have a desire to own their own […]
The Hidden Costs of Student Loan Forgiveness
Student loan forgiveness is often looked at as a quick solution for borrowers to escape the financial burden of large student loan balances. What are the hidden costs of student loan forgiveness? What many people aren’t aware of, though, is that the forgiven balances can often be considered taxable income by the Internal Revenue Service – leaving […]