The saddest way to default on your student loan
The saddest way to default on your student loan: If a parent or grandparent cosigns a private student loan and then dies, banks can demand that you pay up immediately.
The collapsing higher education pyramid
Buried in a story about how it is just as easy as it used to be to get into college is a quiet notification of the impending burst of the Higher Ed bubble:
“The number of American high school seniors is shrinking, having peaked in 2011. At the same time, according to Noodle’s data, the number of seats at competitive colleges has grown faster than the total pool of qualified applicants”
‘Going to sleep hungry, it’s kind of a lonely feeling’
‘Going to sleep hungry, it’s kind of a lonely feeling’:
Food insecurity rises on college campuses as tuition increases and more low-income students enroll.
Our college campuses have started food assistance programs to insure that indebted students don’t… you know… starve.
I’m going to put this out there, if you have to chose between going to college and eating, chose eating. Chances are the college isn’t worth it anyway.