Over 70 million people in the US have student loan debt which is roughly 1/4 of the population, and the amount owed is a staggering $700 Billion. Many economists fear this is the next bubble to burst as the value of that education is no longer commensurate with the amount paid for it. Many of these loans have ridiculously high interest rates like 18% or higher which is more in line with a credit card interest rate than a student loan. Then companies like Sallie Mae often trick people into agreeing to put their loan in forbearance. Read the entire student loan scam story here: >>>
It would appear that students who attend expensive private colleges are actually receiving a negative ROI on their education, while those that attend public universities probably come out slightly ahead of non-graduates. Although this contradicts what we've always been told, it isn't in any way meant to say that an education is not valuable. Ultimately, you have to decide if the education itself is worth it to you, because according to the numbers the degree isn't. Read the entire college degree valuation story here: >>>
The College Board owns the SAT as well as the CLEP test. Just like ACT Inc which owns and administers the ACT test, they charge considerable fees to take the test as well as anytime you or a school needs access to your test scores. Both companies are under investigation by the Attorney General for charging ridiculous fees and paying themselves enormous salaries despite their non profit status. The fact that all of these fees leave economically disadvantaged students at an even bigger disadvantage seems to be lost on both companies. Read the entire college testing corruption story here: >>>
With the economy being tight like gnat booty, people are doing everything they can to save a few bucks, or squeeze more out of less. But in the corruption filled field of higher education we're seeing the exact opposite trend because people are paying more money for less education. It turns out colleges are spending less money educating students, in order to pocket more for themselves. To do that, they're pushing off more of the costs onto students themselves. Read the entire overpriced degrees story here: >>>
Student debt is overwhelming enough, but what they're hawking doesn't come at student loan interest rates. These credit card companies usually have exclusive deals with your college or university to offer their services on campus, paying as much as $1,000,000 for that right. Now why would credit card companies pay $1,000,000 for the ability to give away free t-shirts to college students? Because, just like your mammy tried to tell you - nothing really comes free. Read the entire credit card deception story here: >>>
It's that time again! Every year we review the results of all of the input from our users and put out the rankings for the current school year. Based recent reviews, we have our rankings for the 2009/10 school year. As we have seen in recent years, online schools have begun to surpass traditional, more expensive (and less flexible) campus based schools. 4 of the top 5 student reviewed schools were online based. Read the full college reviews here:, or keep up with the latest rankings by following the upcoming press releases.
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