Student Loan Debt and the American Academic Obsession

Subtitle: When “Good Debt” Comes Back To Haunt Us Several months ago the Wall Street Journal reported: Americans owe some $826.5 billion in revolving credit, according to June 2010 figures from the Federal Reserve. [Most of revolving credit is credit-card debt]. Student loans outstanding today — both federal and private — total some $829.785 billion, according to Mark Kantrowitz, publisher of … [Read more...]

How to Graduate from College without Student Loan Debt

There is something called the ‘student loan myth’.  The student loan myth is the assumption that it is impossible to graduate from college without student loans.  Those who believe this myth think that if they are going to go to college, they MUST get student loans.  This type of default thinking is financially dangerous. The Danger of Default Thinking Default - a : a selection made usu. … [Read more...]