The 90s era television show Northern Exposure was based on a pretty ridiculous premise: Born and bred New Yorker Joel Fleischman moves to a tiny town in Alaska after finishing his medical degree because the town had paid for his schooling in exchange for his relocation there. That was the only way the small Alaskan […]
One of the big issues debated recently is whether or not a four-year degree is worth the cost. The cost of education continues to rise at a pace that outstrips inflation — and definitely outstrips wage growth. But why is education so expensive? There are various explanations for the rising cost of a higher education, […]
The crippled United States economy has had a number of “bubbles” burst over the past 15 years. It started with the dot com industry in the late 90s and was followed by housing market bursting in the Mid 2000s. Many experts believe that student loans are next. The warning signs are evident: Going to college […]
“My student loan debt is more than most folks’ mortgage.” I have a blog post on my personal blog that discusses how much I hated being a lawyer, and offers ways to get out of a profession you hate. The discussion in the comments section is fascinating, and heartbreaking, because so many young people are […]
I have student loans and I’m wondering if it’s a good idea to consolidate them. Does it ever save money to consolidate student loan debt if you can afford your payments? – Eileen Asks Absolutely. There are three main reasons to consolidate your loans: financial, management and suitability.
