The federal student loan program has enriched Sallie Mae, private banks, and colleges, but exposed U.S. taxpayers to enormous financial risk.
“Billionaires in wine caves should not pick the next president of the United States,” Elizabeth Warren lectured Pete Buttigeig.
Children rarely become what their parents imagine for them, and it’s pointless to think they will. The problem isn’t the kids; it’s the parents’ expectations.
Bernie Sanders floats a college debt cancellation plan sure to please many, but giving handouts to the wealthy and educated among us is deeply absurd.
‘She got into her dream college, but her dream college offered her no scholarships, just loans,’ Ocasio-Cortez said in a press conference on Capitol Hill, as evidence for why taxpayers should pick up the $250,000 tab.
The 529 Plan lets families save tax-free for university tuition. Let’s open that up so families can spend it to jumpstart young adults’ careers.
For wealthy, smart students, we should stop exalting the college experience and tell them to rethink the four-year plan. Most degrees can be done in three.
There are better ways to address student loans and ballooning higher education costs than Warren’s magic debt eraser and free college goody bag.
By eliminating tenure, changing incentive structures, and putting the emphasis back on teaching, colleges can create more value for students.
I went to college and learned to think, from which I’ve concluded I shouldn’t have gone to college. Don’t find yourself in the same situation after graduation.
Most college students study and sit in class less than 20 hours per week. They spend three times that amount on leisure activities.
You can’t trust a college degree to provide job security or a good education, but that doesn’t mean there are no schools out there worth attending.
Only once you have broken out of your current perspective can you break out of self-induced poverty (a.k.a. your bad habits), and into prosperity.
If you’re motivated, you can flip your finances from a dismal cycle of paycheck to paycheck to an impressive investment in your present and future.
Every man is a potential arsonist, every woman a potential firefighter. They are the yin and the yang, the duality that keeps life moving and the robots away.
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