Education

How About Affirmative Action Based On Income Instead Of Race?

Affirmative action based on income instead of race might be something for all of us to consider. There are poor White and Asian people in America as well. In the fight for racial justice, we should consider all races. Why Affirmative Action Matters Jamestown, Virginia was the first permanent English settlement established in 1607. Their […]

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How Much Does It Cost To Buy Your Kid’s Way Into The Best Private Universities?

Are you wondering how much does it cost to buy your kid’s way into the best private universities? After privately speaking to some of the richest people in America, I have the answer! As a pro public school guy, my ears always perk up every time friends talk about choosing private high schools and colleges for

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An Inexpensive And Easy Solution To Improving America’s Financial Health

Knowledge brings about wealth and power. If this wasn’t the case, you wouldn’t have families spending $20,000+ a year for their children to attend kindergarten through the 12th grade. If knowledge wasn’t so important, there wouldn’t be any private tutoring or a test prep industry. If education was no big thing, there wouldn’t be a

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Why Do Smart Kids Make Dumb Decisions About Private School?

I’ve long wondered why people still spend a fortune attending private school when education is 100% free now thanks to the internet. I attended The College of William & Mary from 1995 – 1999, a public school that charged $2,800 a year in tuition (~$10,000 a year all-in) because I felt guilty having my middle

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Tuition Hike For Students Is Like A Tax Hike For The Rich

Tuition hike for students is like a tax hike for the rich. Eventually, everybody wants to get their money. ben if you are a student or a lower-income person. In a stunning move to shore up a $535 million budget gap, the UC Regents in 2009 voted to raise student undergraduate tuition by 32 percent (to

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Average Student Loan Debt Is At A Record High – Where’s The Crisis?

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

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Donate To Your College Alma Mater Or No? How To Make A Decision

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

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Student Loans For College: An Inevitability For All But A Lucky Few

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.

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Are You A Financial Dumb Ass? Be Honest With Yourself To Get Rich

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

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