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Consider that higher education isn't the ticket to a guaranteed job like it once was. Consider also that education costs have been rising far above and beyond core economic inflation, making it arguably less valuable. Student loans are the one debt that Americans can't get out of.

(NAPSI)-Education pays. According to the U.S. Census Bureau, high school graduates average, in a working lifetime, $1.2 million; college gradu…

Share on facebook Share on twitter Share on linkedin Share on email Share on google Share on google_plusone 1 Part of the American dream is an accessible college education, and Aunties love to enable the dreams of their nieces and nephews. For many, however, paying college bills is a looming nightmare. A niece or nephew attending a four-year public university in 2017 could be looking at tuition, fees, and room and board running as much as $100,000. Send Sally to a private school, and you are looking at more than twice that amount, possibly averaging $200,000!

(ARA) - If you are a working adult who has accumulated some
college credit but haven't earned enough to be awarded a degree,
you are not alone…

According to the information presented by the US Department of Education, 25% of students attending for-profit schools have defaulted on the taken student loans. In fact, it turned out that the level of default on student loans is higher for students attending for-profit, private university. And only 11% of students attending public school have defaulted on their loans.

The main problem concerning student loans consists not only in the fact that education is more expensive than ever, but also the factor of recession plays an important role as it's really the hardest time for college graduates who find it really difficult to get decent employment and earn enough for their loans repayment.

For-profit colleges get more time to comply with the new federal aid rules. How many of them will be able to pass the provided test?

Credit unions have launched a new lending program in order to provide alternative to payday loans which had been almost eliminated.