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Did Colleges Engage in a Bait-and-Switch Scam to Maximize Revenues During the Coronavirus Pandemic?

According to a recent article in the Washington Examiner, American universities lured students back to campus this fall by deceptively promising to offer at least some in-person instruction. Then–after the students showed up and paid their tuition and fees–the colleges changed their policies and offered most or all of their classes in an online format. …

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How I Saved $70,000 to Send Two Kids to College

In our Money Mic series, we hand over the podium to people with controversial views about money. These are their views, not ours, but we welcome your responses. Today, one woman shares how she made saving for her kids’ college education her top priority — stashing away thousands years before her daughter and son were even …

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Is College a Good Return on Investment. Facts are Surprising.

Seattle, Washington (PRWEB) March 05, 2015 PayScale, Inc., the world’s leading provider of on-demand compensation data and software, today announced the 2015 PayScale College Return on Investment (ROI) Report. “How much student loan debt college kids and their families take on has serious implications for their future financial health. With average student loan debt hovering …

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The College Cost Blame Game Has a New Twist

A new narrative is beginning to take shape on the higher education front. At a recent meeting of the U.S. Senate’s Committee on Health, Education, Labor and Pensions, its chairman, Sen. Lamar Alexander (R-Tenn.), and the chancellors of the University System of Maryland and Vanderbilt University talked about the financial toll that regulatory compliance is …

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Why You Should Never Pay Sticker Price for College

by Marian Wang ProPublica, Jan. 2, 2014, 9:27 a.m. You know all those seemingly great sales during the holidays? It turns out, they are often a “carefully engineered illusion.”  A recent piece in the Wall Street Journal defines what it calls “retail theater,” noting that often the discounts being offered to bargain-conscious consumers are carefully …

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Tax Payer Anatomy. Look At the Average Income.

H&R Block just released the following info graphic which gives us some interesting facts about tax payers and their obligations. 48% of the U.S. population are taxpayers. 70% of taxpayers e-file. The majority of taxpayers file as single. The average taxpayer claims 1.4 dependents. 3,330,871 people claimed their parents as an exemption. Kind of a …

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We Need to Eliminate Our Credit Card Debt to Afford College Loans. – Michael

“Dear Steve, My wife and I have approximately $56,000 in credit card debt. We have implemented a austerity plan, and am paying that down at the rate of approximately $800 a month. The problem is that in Dec. 2013, we will have to start paying $1600 a month in college loans for our daughters education. …

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