sallie mae

Congraduation! The Average 2014 College Graduate Leaves with $33k in Debt

Congraduation! The Average 2014 College Graduate Leaves with $33k in Debt
Even after adjusting for inflation, the average 2014 college graduate has twice as much debt as their 1994 counterparts. Just 20 years. This year's newest members of the work force (or slaves to more debt in grad school) wrestled the title of "Most Indebted Class in U.S. History" from last year's reigning champs. Yay school!
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Cost of Bachelors Degree Up 46 Percent Over 10 Years, Spending on Students Rose Just 6 Percent

Cost of Bachelors Degree Up 46 Percent Over 10 Years, Spending on Students Rose Just 6 Percent
There is over $1 trillion in student loans on the books. Rolling Stone's Matt Taibbi explains the problem with the new student loan bill in Congress, why student loans lead to indentured servitude, how we could make college more affordable, why the student loan crises is like the housing crises and how student loans are crushing young people and the middle class.
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Want to Buy a House? You Probably Shouldn't Go to College.

Want to Buy a House? You Probably Shouldn't Go to College.
In a letter, MA Sen. Elizabeth Warren questions why the U.S. government is backing expensive private student loans. "It is deeply worrisome," Warren writes, "that the Federal Home Loan Banks may be undermining their mission by extending billions of dollars in cheap credit to private student lenders."
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Chaz Bolte
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