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On the first day of high school, Kristina Ellis's mom, a single, working mother who lost her husband to cancer, informed her that she could not financially support her after graduation. Kristina would need to find her own way to pay for college. As an average student with less-than-impressive test scores, Kristina realized she would have to sell herself to scholarship committees if she wanted to stand out. That's when she devised the plan that led...
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The hugely popular New York Times "Your Money" columnist and author of the bestselling The Opposite of Spoiled offers a deeply reported and emotionally honest approach to the biggest financial decision families will ever make: what to pay for college.
Sending a teenager to a flagship state university for four years of on-campus living costs more than $100,000 in many parts of the United States. Meanwhile, many families of
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One of the most sustained and vigorous public debates today is about the value and, crucially, the price of college. But an unspoken, outdated assumption underlies all sides of this debate: if a young person works hard enough, they'll be able to get a college degree and be on the path to a good life. That's simply not true anymore, says Sara Goldrick-Rab. Quite simply, college is far too expensive for many people today, and the confusing mix of federal,...
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"In 1982, a new executive at Sallie Mae took home the company's financial documents to review. "You've got to be shitting me," he later told the company's CEO. "This place is a gold mine." Over the next four decades, the student loan industry that Sallie Mae and Congress created blew up into a crisis that would submerge a generation of Americans into $1.5 trillion in student debt. In The Debt Trap, Wall Street Journal reporter Josh Mitchell tells...
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You don't have to spend decades paying off your student loans! You can destroy your debt fast and live a life of freedom.
You've been lied to: there's no such thing as good debt. Debt sucks. Period. And that includes student loan debt. No matter what you believed - or were told - when you took out your loans, you need to get serious about getting rid of your debt fast, because it's costing you more than you know. That's why best-selling author Anthony...