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 […]
An Inexpensive And Easy Solution To Improving America’s Financial Health Read More »
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
Why Do Smart Kids Make Dumb Decisions About Private School? Read More »
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
Tuition Hike For Students Is Like A Tax Hike For The Rich Read More »
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 »
