2 Years of For-Profit College? Earnings No Better Than After High SchoolBy Dan Berrett
First of all, college graduates on average are smarter and have better work habits than high school graduates. Those who graduated from college were better students in high school, for example. Thus, at least a portion of the earnings premium associated with college has nothing to do with coll...
So, go to your high school’s college fair, or a regional or national fair in your area.For my New Jersey contingent, don’t miss the National Fair on April 24-25, at the (new location) Meadowlands Exposition Center.Make a few friends, learn about a few schools and maybe even make ...
Differences in Earnings between States You may wish to use thisEarnings and Educational Attainment (2011)interactive table to see how earnings for college graduates vs. high school–only graduates in your state compare with those in other states. All in all, college imparts a wide and deep rang...
Letting your loans fall into delinquency or default can lead to serious consequences, like difficulty borrowing in the future, expensive debt collection costs and possible wage garnishment – a legal procedure in which an employer must hand over part of your earnings to pay off ...
Consider a college's average earnings and debt outcomes for its graduates before making a decision on where to enroll.
It's important to understand how your loan amount compares to your potential post-graduation salary earnings so you can calculate how many years it’ll take you to pay off your loans. My $60,000 in loans felt like a fortune when I went to college 25 years ago, but t...
This is a tax-advantaged savings plan designed to help pay for educational expenses. Earnings in a 529 plan can grow federally tax-deferred (which means money in these accounts has a chance to compound faster).These accounts also allow for tax-free withdrawalswhen the funds are used to pay...
earnings (i.e. greater efficiency, loosely speaking). On the other hand, more meritocracy generates a higher degree of earnings inequality." In the paper, the authors “quantify this efficiency-equality tradeoff via changing admission rules. Initial endowments are not the only variables that matter...
529 plan contributions are made with after-tax dollars, where accumulated earnings grow tax-free at the federal level. What Is the CESG? TheCanadian Education and Savings Grant (CESG)is an incentive-based program that allows Canadians to receive a grant for the money they save for a child's...