The majority of would-be college students are not choosing majors based on which professions will pay them the most money. That’s because our culture promotes “you can be whatever you want to be” and encourages them to pursue a field they are passionate about, regardless of money. But the truth is, some degrees lead to… Read More
RETHINKING OUR FINANCIAL EDUCATION STRATEGY (AS REPORTED BY DAN KADLEC ON WWW.RIGHTABOUTMONEY.COM)
A growing trend in the contemporary workforce seems to be the rise of financial wellness programs catered towards educating employees on how to properly manage their wealth; both over the short and long term. The material has, thus far, proven to be quite valuable, as young professionals are the most in need of financial guidance. And… Read More
UNEMPLOYMENT FAQS (AS REPORTED BY MARIANNE HAYES AT WWW.LEARNVEST.COM)
Unemployment is never the goal. But at some point in our lives, most of us will find ourselves without work for one reason or another. And so it is a good idea to learn the basics of unemployment benefits. The full details of unemployment depend largely on your state, since they are the ones who… Read More
START PLANNING FOR COLLEGE (AS REPORTED BY KATE ASHFORD ON WWW.FORBES.COM)
Some things in life cannot be planned for. That’s why smart savers keep a rainy day fund, to pay for those unexpected events that are likely to occur. College, however, is not an unexpected event. And yet when asked, only 2 in 5 families with kids in college said they made a plan for it… Read More
COLLEGE ABACUS AND THE FIGHT FOR TRANSPARENCY (AS REPORTED BY RON LIEBER ON WWW.NYTIMES.COM)
There is a lot of talk about the cost of a college education in the buildup to this year’s presidential election. Tuition across the country is at an all time high, prompting Democrats to outline a plan for free tuition at public universities and community colleges. Ron Lieber, writing for the New York Times, brings… Read More
HOW TO PAY OFF STUDENT DEBT (AS REPORTED BY MICHAEL BENNINGER ON BLOG.MINT.COM)
Each year the amount of total student loan debt outstanding increases. For new graduates, coming out of school with average debt of around $25,000, paying off the full amount can seem like a near impossible task. The first thing you need to do is get a job and create a budget. Figure out whether or… Read More
FREQUENTLY ASKED STUDENT LOAN QUESTIONS ANSWERED AS REPORTED BY GREGORY DEPALMA ON BLOG.PERSONALCAPITAL.COM)
Today’s news is abuzz with student loan stories. We have become a nation in debt, not just with mortgages and credit cards, but with students who financed their education with government loans and are left paying them off the rest of their adult lives. For that reason, there are lots of questions that people have… Read More
FAFSA CHANGE (AS REPORTED BY ZINA KUMOK ON BLOG.MINT.COM)
FAFSA stands for Free Application for Federal Student Aid, and is the primary way that most college students apply for tuition assistance. And next year, there is a big change that people need to be aware of. Instead of waiting until January 2017 to submit the paperwork for students beginning college in the fall, parents… Read More
THE YOUNG MAY NEVER FIND WORK (AS REPORTED BY ERIC LEVITZ ON WWW.NYMAG.COM)
The US unemployment rate is lower now than it’s been in nearly a decade. And that’s good news, for most of us. But if you just look at the top line number, you miss out on the full story. There are many communities that have not fully recovered, and may be in even worse position… Read More
WHO YOU KNOW MATTERS (AS REPORTED BY ALICE TRUONG ON WWW.QZ.COM
Recruiters across a wide variety of industries rely most heavily on personal referrals for filling job roles. 78% of hiring managers using Jobvite, an online hiring platform, list referrals as their favorite source of candidates. And when you take the data one step further, we find that when referrals are hired, they are more likely… Read More