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

College “Investment” = Fools Gold? (New York Times Editorial)

 
(Photo: Brian Snyder/Reuters)
 
"In our discussion about the rising burden of student loans, we received numerous comments from readers who took on a lot of debt to pay for their education. Some found they simply couldn’t afford to repay the loans with the jobs they found after college. Others said [...]

June 16, 2009  Tags: , , ,   Posted in: Uncategorized  No Comments