Paying for College

  • The Human Side of College Debt

    Barry Lenson

    If you graduated college owing a ton of money in student loans, here’s some news you should know: Declaring bankruptcy might not help you erase the loans that you took to finance your education. According to “When Good Loans Go Bad,” an article by Daniel L. Bennet in Forbes last week, “Rising delinquency and default rates indicate that borrowers are struggling to repay the loans that they took out to pay for college, especially in the midst of the current economic environment. The fact that student loans are unable to be dismissed in bankruptcy has created a financial nightmare for some borrowers. They're drowning in a mountain of student debt and can't collect the dividends that a college education is supposed to pay.” I ...

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  • Tax-Cutting Activists Threaten Community College Budgets

    Jaime Dalbke

    Okay, we’re not going to take sides in this argument. We only want to relate some news that was recently reported in USA Today. In that article, “Will Tea Party groups threaten community college funding?” reporter David Moltz writes “As if the recession had not given community college advocates enough to worry about, some fear that the anti-tax sentiment stirred by Tea Party activists could endanger their federal, state and local funding.” Here are two points that Moltz makes: Community college expenses are not always paid for directly by taxes. A group of Tea Party activists in New Jersey is not happy that Warren County Community College in New Jersey is planning to open up a satellite campus to accommodate the institut ...

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