Employers will need more college-educated employees
A recent study out of Georgetown University predicts that, when the economy returns to stability and hiring picks up again, employers will need more college-educated employees than are available. The deficit of adequately educated employees could average 300,000 a year in the coming decade.
To meet the increasing need for higher [...]

There’s been a fair amount of news coverage in recent months about the perils of heavy student debt. It’s a serious burden for many college-educated Americans for three major reasons:

first, the price of college has risen significantly in recent years
second, lenders tend of offer student loans freely, which means they can build up fast
third, student [...]

Since the beginning of the Great Recession and the havoc it has wreaked on employment, the stock market and the American economy in general, most people have heard of subprime mortgages, which touched off most of the financial turmoil. But, as this article from the New York Times reports, there’s another subprime crisis still going [...]

The Supreme Court ruled this week that creditors cannot collect debts that have been marked “paid in full” and discharged by a bankruptcy court, as long as the creditors were given adequate notice of the payment plan in question.
The Bankruptcy Case
The case in question involves a man who was looking to reorganize his debts by [...]

On December 1st, the U.S. Supreme Court heard a case involving student loans and court deadlines in bankruptcy filings. The ruling on the case could be significant for filers of both Chapter 7 and Chapter 13 bankruptcy.
Background: Student Loans in Bankruptcy
Student loans are one of the few types of financial obligations (along with child support [...]

The majority of college students graduate without ever taking out a loan, a new survey from Sallie Mae and Gallup reveals.
The survey of 1,600 families and titled How America Pays for College found that 58% of American families fund their students’ higher education without federal or private student loans, down from 61% last year.
Borrowing Statistics
The [...]