Archive | Finances
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Editorial: Economic success in an unstable job market
Getting a post-secondary degree takes an incredible amount of time and dedication. But in the current economy that favors computer scientists, nurses and engineers, will your hard-earned certificate and thousands of dollars of debt be worth it?
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The mechanics of student debt
With a 2011 budget of about $150 billion, the federal student aid program is complicated, to say the least. Different grants, different loans, different interest rates and different payment plans can make student debt a mental obstacle course.
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Column: The politics of student debt forgiveness
Last month, the Student Loan Forgiveness Act of 2012 (HR 4170) was introduced into the U.S. House of Representatives by Congressman Hansen Clarke, a Democrat from Michigan. The discussion of student loan forgiveness has reached a point where politicians are finally taking notice.
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Column: Think before you swipe
As our generation continues to more frequently use credit cards to pay for most of our transactions, it has become increasingly important to protect our financial and identity security. Global Payments Inc. (NYSE: GPN) reported March 30 a security breach which could affect 1.
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Column: Beware of hidden ‘income’ when filing educational expenses
Tax time came as usual this spring. I am aware of the federal income tax and the basics of how the tax structure operates — you make “x” amount of money, you pay “a” amount to the government; you make “y” amount of money, you pay “b,” and so on.
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Column: Mega Millions winners may get more than they bargained for
By the time you read this, the Mega Millions-lottery winners will have begun the fourth day of the happiest week of their lives. Maybe they’ve started preparations for their very own Versailles.
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Cuts to public higher education funnel students into for-profit colleges, raise financial concerns
As the state’s public institutions come under the knife, California’s for-profit colleges have thrived, enrolling more students and benefiting from lax regulation — a trend that could place more students at financial risk.
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House Republicans propose changes to Pell Grants, student loans
Republicans in the U.S. House of Representatives released a 2013 budget proposal Tuesday which included suggested changes to federal Pell Grants and student loan accounting.
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Loan interest rates trigger national backlash
Students nationwide signed more than 130,000 letters to four Congressional leaders last week to protest the higher interest rates set to take effect in July on some student loans. Subsidized Stafford loans – interest rates for which will double to 6.