Stacey Vanek Smith
Jun 1, 2012 A new report from the New York Federal Reserve Bank shows that student debt is up nearly 8 percent in just the last year. David Weliver, publisher of financial advice blog, Money Under 30, tells us his story.
May 29, 2012 The elite -- and expensive -- university looks to give students a break, earning a top degree in less time.
May 8, 2012 Commentator Peter Morici sees a link between what we study and what we owe.
May 2, 2012 Students begin a hunger strike today to protest fee hikes at California State Universities. The fee hikes are not just in California.
Apr 25, 2012 At $1 trillion nationally, student debt surpasses credit card debt and car loans, and it can be a serious drag on the economy.
Apr 25, 2012 With the cost of college climbing, a small private school offers students a way to get smart, and build a business -- tuition-free.
Mar 30, 2012 The amount of outstanding student loan debt in this country has reached $1 trillion. And if you scan the headlines this week, you'll find school after school raising tuition, which will almost certainly send that $1 trillion number up even further.
Mar 30, 2012 Now to a community college here in Southern California that has been losing funding from the state. And to make up for that, Santa Monica College is jacking up tuition for its most popular classes by 500 percent.
Mar 26, 2012 I'm a 36-year-old single professional in the DFW metroplex that tries to think long-term in my financial planning. I put 12 percent of my around $100,000 salary into my 401(k) with company match. Currently, the retirement fund is valued at about $100,000. I owe about $12,000 on my student loans (4.25 percent fixed interest, originally $80,000) and I have about 27 percent equity in my $180,000 town home. I recently refinanced my home at 4.125 percent for 15 years. My credit card debt is maybe $1,000. After surviving a layoff well (due to a generous severance in the Great Recession), I was scared straight once I started working again. I now have about $15,000 in an emergency fund and next year's bonus will go to this, too. So I have three questions: 1) Do I need 6 months of bills or 6 months of salary after tax? 2) Should I park this in savings? Or is there a better financial instrument? 3) Is the emergency fund a higher priority than nuking the graduate school debt? I appreciate your guidance. Keith, Plano, TX