Ivy League vs Public University

Is it worth to shell out or end up indebted for entering the ivy league if someone cannot afford it? There is evidence that selective colleges with high tuition do not necessarily bring in proportionally high paychecks or high profile career. Public schools can produce high skilled and successful professionals at a more reasonable cost.

Studying on a Shoestring

In the hard economic context, it’s more than common for students in the US to apply for a loan before starting with college. Studying on credit requires strict financial planning and management. Have a look at how student loan market breaks down.

Unlucky Millennials

Likely the fist colorless infographic featured on IGM. It presents and compares the typical traits and attitude of the various generations with a special focus on Millennials’ reality. It seems that though Millennials is a generation nurtured for “more”, it finally gets “less”.
The generation with the highest joblessness and debt out of school remains optimistic, though the punches keep on coming.

Student Spending Habits UK

An insight into what students say they spend a month compared to what their parents say they think their children spend per month

Student Loan Debt Crisis 2012

Back in 20th century studying in American university would cost you around $75-$300. Now that $8,500 is the tuition bedrock for public 4 year college for in-state students, it’s quite ordinary that student loans are indispensable. But a big portion of borrowers default their payments and finally end up indebted.

US Credit Card Ownership Oct02

US Credit Card Ownership

According to this report credit card ownership rate for the Americans is about 1:3,5 with a whopping total of 1,5 billion cards in circulation. On average, at early 20’s is the time when a person enters the plastic world.

US Student Loan Debt Crisis

Student loan debt in the US has gone 4X up since 2003 and banks seem to be determined to keep leeching students and likewise their families. Outstanding debt has evolved to a flap and lower to middle income households are in despair. See a breakdown of banking on education with historical data.

American Bankruptcy 2012 Dec17

American Bankruptcy 2012

This report from Low Price Law outlines the situation with bankruptcy status of American families or singles and hightlights the reasons that lead to bankruptcy filing. However, a comparison between 2 annual periods of 2011 and 2012 allows some optimism.

US Student Loan Statistics

The majority of graduates from 4 year colleges are on the thin end of the wedge as far their debt management. This report shows average student expenses estimations and breaks down the situation in the student loan landscape.

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