Archive for the ‘Student Loan Debt’ Category

Default: The Student Loan Documentary

I just finished watching Default: The Student Loan Documentary. If you are not convinced that the average, over-priced, four-year college education is for suckers, you will at least see why student loans are definitely worth avoiding.  Speaking as a “rube” myself, I was lured into the student loan scam (along with my parents) thinking that [...]

April 26, 2011   Posted in: Student Loan Debt  No Comments

Is College Debt Worth It?

For an article in USA Today,Laurence Kotlikoff, an economist at Boston University attempted to answer the question using number-crunching data from the free software he developed called ESPlanner Basic.
He analyzed four hypothetical scenerious to determine lifetime disposable income of 18-year olds:
1)      One who borrows $30,000 a year to attend a four-year college.
2)      One who borrows [...]

September 1, 2009  Tags: , , ,   Posted in: College Tuition, Student Loan Debt  No Comments

20/20 College Report

I’ve been trying to tell people this since 2004. American Colleges are over-rated. Sure education is important, but do you really need a $30,000 four-year BA degree?

February 5, 2009  Tags: , , ,   Posted in: Dissatisfied College Consumers, Student Loan Debt, Success Without College, The College Vacation, Useless Degrees  No Comments

Body of grad upset over student loans found in ISU chem lab

As Reported by WJBC
Some Illinois State University students were not in class today because the science lab at the university was closed for a death investigation.
Part of the third floor of the Science Laboratory Building was closed for about two hours when the mother of a man in his 30s [...]

August 26, 2007   Posted in: Dissatisfied College Consumers, Student Loan Debt  No Comments

College Debt; A Life Half-Lived

I'm finding more "student loan" stories from ordinary folks like you and me. These are sad but true tales of dreams left behind because of copious amounts of college debt. "Sam" got a four-year college education like a responsible, goal-oriented, citizen. Having a degree to fall back on, his dream [...]

December 2, 2006   Posted in: Student Loan Debt  No Comments