Student loan debt is at a record high at about $1.8 trillion. In a January 2023 report, the analysis showed that the average debt per borrower was over $37,000 for federal student loans and nearly $55,000 for private loans. But is it really a big deal when incomes are at record highs and the unemployment rate […]
Average Student Loan Debt Is At A Record High – Where’s The Crisis? Read More »
Do you ever feel you have to donate to your college alma mater? It seems like every quarter, you get an e-mail from your alma mater asking for money. It sometimes feels weird because some colleges have massive endowments. For example, Yale University’s endowment is more than $30 billion! Recently I was contacted by an
Donate To Your College Alma Mater Or No? How To Make A Decision Read More »
Student loans for college are now highly contentions. With Joe Biden wanting to forgive $10,000 – $50,000 in student loan debt, more people are probably going to take out student loans. This is how moral hazard works. That said, student loans for college is an inevitability for all but the upper middle class and above.
Student Loans For College: An Inevitability For All But A Lucky Few Read More »
Who needs a job when you have a private school degree? If you are rich enough to attend private school, then you may be so rich you don’t really have to work for a living. That, or you can just work for your parents. Pick any private school. The cost is about $220,000 in tuition
Who Needs A Job When You Have A Private School Degree Read More »
Every now and again, I stumble across something that makes me wonder, “Are you a financial dumb ass?” Someone forwarded me a post from a year ago where a PF blogger spent $60,000 on a luxury car right after revealing his net worth was only $55,000! He clearly violated my 1/10th rule for car buying everyone
Are You A Financial Dumb Ass? Be Honest With Yourself To Get Rich Read More »
In America, we are truly blessed with opportunity to help us chart our own course and grasp success as much as we desire it. Services provided by financial institutions are one of the things that we as American citizens have easy access to, allowing us to utilize financing and credit to further our goals in
Kiva Loans: Alleviating Poverty Using Microfinance Read More »
Grades obviously do matter. However, here’s a post arguing the other side, that grades don’t matter. I assure you grades do matter if you want to get a job at Goldman Sachs and eventually make $400,000 a year working 90+ hours a week! For all those who didn’t perform well in college, don’t want to
Grades Don’t Matter! Be A Screw Up In School If You Dare Read More »
A college education is valuable. However, how do we value a college education so we can feel better about spending so much time and money on collegee? There will inevitably be someone in a net worth related article comment how he or she isn’t doing so great due to all of his or her student loans. Because
How To Value A College Education To Help An Abysmal Net Worth Read More »
If you live in the United States, you are wealthy beyond what most others dream of. Your salary is 99% higher than of the world population. You are already wealthy, stop complaining! If you find yourself complaining, visit areas like India, and Africa, and you’ll see what real poverty looks like. If you moved there, you
You Are Already Wealthy, Stop Complaining! Read More »
Let’s look at the top schools in the nation. Could it be that the top schools are all party schools? It looks like it! The Top 20 Party Schools In The Nation, Ranked By The Princeton Review For 2021: University of Wisconsin-Madison West Virginia University University of Illinois at Urbana-Champaign Lehigh University Bucknell University University
The Top Schools In The Nation Are All Party Schools! Read More »
