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)Â Â Â Â Â One who borrows $30,000 a year to attend a four-year college.
2)Â Â Â Â Â One who borrows [...]
September 1, 2009
Tags: College Debt, College Debt Analysis, College Debt Study, Kotlikoff Posted in: College Tuition, Student Loan Debt
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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: College Debt, Fools Gold, New York Times, Student Loan Debt Posted in: Uncategorized
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