Archive | Money

Public Universities That Are Addicted to Out-of-State Students

I read a story in the Wall Street Journal yesterday about the flood of students from the Northeast who have been heading west to attend Indiana University. Among Indiana’s newest crop of freshmen, there are roughly 260 kids from the New York City area alone. With the snootiest schools on the East Coast continuing to […]

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The Perils of Student Loan Debt

I don’t think I truly understood how financially devastating an unpaid student loan can be until I talked with an engineering graduate from the University of Southern California. I interviewed Alan Collinge for a story I was writing about student loans for Money Magazine last year. The young graduate snagged a position as an associate […]

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The College Credit Card Scam

 It’s easy for parents to feel financially exploited when they send their kids off to college. The costs of a bachelor’s degree continues to soar far higher than the inflation rate. But what many families hadn’t bargained on is that schools are making packs with the devil, a/k/a credit card companies, to ensure that their […]

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Why Flying to College Can Be Cheaper

For lots of parents, plane tickets are the college deal breaker. Many parents balk at letting their kids attend any school that will require them to fly. I think this focus on airline costs can be unfortunate. Sure plane tickets are even more expensive than a year ago, but the important thing is looking at […]

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Another Reason to Avoid Private Student Loans

I thought I knew a lot about private college loans after researching them for my book, The College Solution. But when I read The New York Times this past weekend, I was shocked to learn of another reason why families should try hard to avoid private loans. In my book, I devote an entire chapter […]

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Borrowing for College the Smart Way

This is the time of year when college students and their families start signing loan papers. Lots of families take out loans to pay for at least a portion of college costs, but far too many don’t borrow wisely. I suspect that families are so relieved after surviving the college admission process that they often […]

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The Odds of Getting an Athletic Scholarship

Millions of parents across the nation hope that their children will someday win an athletic scholarship to college. That might explain why so many parents start yelling at referees when their kids are barely out of preschool. My son, who is a soccer referee in a rec league, tells me that he’s been yelled at […]

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