Category: Education

Paying College Tuition Using a Credit Card

Paying College Tuition Using a Credit Card

Paying for college can be more complicated than just having the money.  Parents and students need to learn how to navigate the process of paying the bill itself.  According to a 2016 Sallie Mae survey, “2 percent of families put an average of $4,443 in college costs, including nontuition expenses, on credit cards.” (1)  It […]

August 30, 2016 | By More
How to Overcome Underemployment

How to Overcome Underemployment

As our regular readers know, we periodically take a look at reports and surveys on a variety of topics that impact consumers’ personal finances.  The other day, I was browsing through the Business Section of the Chicago Tribune and ran across an article written by Alexia Elejalde-Ruiz on June 29, 2016.  It highlighted the issue […]

July 7, 2016 | By More
College Student Strategies for Using a Credit Card

College Student Strategies for Using a Credit Card

In today’s Post, we wanted to briefly visit the conversation of credit cards for college students.  Out the gate, the thought of dealing with credit card management while a student may seem a circumstance to avoid.  However, let me share two thoughts regarding the value of credit card use in college when used judiciously and […]

March 1, 2016 | By More
FTC Sues DeVry: What Can College Students Learn?

FTC Sues DeVry: What Can College Students Learn?

Did you happen to read about the suit filed by the Federal Trade Commission (FTC) against the operators of DeVry University?  (In case you are not aware, DeVry University is a for-profit college based in Downers Grove, Illinois).  If not, below are a few points taken from the Federal Trade Commission’s news release regarding its […]

February 4, 2016 | By More
College Graduation: Moving Back Home After College

College Graduation: Moving Back Home After College

Believe it or not, graduating college seniors will be collecting their diplomas in a little over four months.  If you are a soon-to-be college graduate, is the topic of moving back home after college a possibility? Parents – do you already know for a fact your college graduate will be returning home and remaining in […]

January 21, 2016 | By More
College Scholarships: What is Your Money Plan?

College Scholarships: What is Your Money Plan?

We all enjoy receiving gifts, don’t we?  The best gifts are ones that we can really use.  For college students today who need financial assistance to earn a college degree, college scholarships is a gift that keeps on giving for a life time.  Unfortunately, obtaining free money for college is not for the faint of […]

January 19, 2016 | By More
What College Students Can Learn About Money from Warren Buffett

What College Students Can Learn About Money from Warren Buffett

If you are like me in the morning, you have a standard routine.  It was while I was watching the news yesterday that I heard a very interesting factoid about Warren Buffett.  Did you know he spends over 80 percent of his day reading?   Is it any wonder he has had the ammunition of knowledge […]

January 7, 2016 | By More
Why Students Need Financial Literacy in College

Why Students Need Financial Literacy in College

Today, we wanted to share a link to a blog I posted yesterday on LinkedIn entitled Why Students Need Financial Literacy in College.  The focus of the discussion is on the importance of financial literacy for college students and adding financial capability as a new skill-set item on the leadership qualifications checklist. College students from […]

December 11, 2015 | By More
College Accreditation: Lesson from Corinthian Colleges

College Accreditation: Lesson from Corinthian Colleges

We in the financial literacy community have said it – financial decisions are becoming extremely complex today.  The issue of selecting a college, earning and paying off that degree, just got a lot more complicated.  Have you had the opportunity to catch the details regarding the failure of Corinthian Colleges Inc.?  It’s a story ripe […]

November 12, 2015 | By More
Student Loan Debt:  The Price of Financing a College Education

Student Loan Debt: The Price of Financing a College Education

Last week when drinking my morning coffee and reading the Chicago Tribune, I came across the article Illinois College Students Feeling Loan Pain  by Gail MarksJarvis. Once again, a journalist is ringing the alarm regarding student loan debt and its repayment.  Although her piece was targeted to Illinois, it provided in microcosm the significant issue […]

November 5, 2015 | By More