Debt Articles

The post graduate education necessary to become a doctor or a lawyer can be so expensive that a mountain of debt can accrue. See one doctors plight as she racks up over half a million dollars becoming a doctor. 

Incoming Freshman are generally ill-equipped to handle their own finances.  Find out how to save wisely in college, and successfully implement a budget you can stick with. 

I graduated from business school in 1983 with what at the time seemed like an inordinate amount of debt.  When I started the MBA program I had little savings to pay for my two years of additional education, having spent the time between college and graduate school as a struggling musician in New York City. However, with some cash from a six-month music gig in South America, but mostly on borrowing, I financed my business school years. I was also able to cover most of my living expenses, including the rent on my apartment in the posh Lincoln Center neighborhood. By the time I graduated, I had amassed a staggering $20,000 in mostly government subsidized student loans.

Every student needs to take a close look at how they manage their finances. All too often students fall into trouble with credit cards or even debit cards.

If you've graduated from college, you've probably gotten plenty of offers to "consolidate" your student loans. How can you discern trustworthy lenders from those just trying to make a profit off of you?

Congratulations, you've decided to go to college! You've dealt with the applications. You've applied for financial aid. Now, how are you going to pay for everything else? Whether you're just looking for some extra pocket change or a way to afford for your room and board, we've put together the best ideas for students on every kind of budget.

With college costs on the rise, many students graduate with more than $20,000 in loans and credit card debt and others may even find themselves with debt reaching six figures. The amount of debt can get worse if students don’t know how to handle it from the outset. Here’s how to make the right moves.

As a student who’s on a budget, you’ve probably given some thought to how you’ll acquire extra spending money. Financial aid and scholarships may cover the major expenses like tuition and housing, but in all likelihood you’ll want some extra cash for gas, movie tickets, dinners, clothes, and personal essentials. So where should you look?