Research + News | Topic: Finances

Distressed Borrowers Say Student Debt Help Was Anything But

USA Today highlights experiences with so-called student loan debt help companies. Read the article here.

Nearly Half Of Young Millennials Get Thousands In Secret Support From Their Parents

From the CNBC article:

“Forget buying a home — even renting a room is out of reach to many young people, especially in big cities. Wages have stagnated but rents haven’t, meaning workers just out of college are in a bind: To live where the jobs are, they need help.

For almost half of them, though they don’t often admit it, that help comes from their parents.”

Read the rest of the article here.

High Cost Of Education Limits Career Choices For Millennials

We’ve all seen the staggering student loan debt statistics: It averages more than $20,000 and 69% of Millennials have student loan debt, according to the Federal Reserve of New York. What the numbers don’t tell us is what is going on in Millennials’ minds before they take on this debt.

Read the rest of the article here.

You Won’t Believe What Some Students Blow School Loan Money On

About half of students blow some of their school loan money on non-educational expenses, including 3% who spent it on alcohol and drugs, according to a new Student Loan Hero survey.

Read the full article here.

5 Money Lessons Teens Should Learn Before They Go To College

Have a high-schooler in the house? Here’s what you need to teach them, pronto.

Read the article here.

Seven Surprising Facts About College Students

These statistics offered from Tim Elmore might be helpful to pass along to a freshman, just entering the world away from home. Read the blog post here.

Back-to-School Spending Trends

Based on annual surveys, the combined total to be spent on K-12 and college is predicted to reach $75.8 billion. That’s a sizable 11% increase from last year’s $68 billion, and represents the highest forecast since 2012.

Read the article here.

If There’s One Thing Millennials Regret, It’s Going To College

More than a third of 18- to 35-year-olds say they wish they had not gone to university, according to a new survey, while almost half say they would have got to where they are now without a degree.

Read the article here.

Kids Spending More On Back-To-College Gear; Tech, Clothing, Dorm Decor Top Categories

A new report from Deloitte says college bound kids are eager to up their own investment in everything from chic sheets to new smartphones.

Read the article here.

Five Conversations You Must Have With Grads Before College

Graduation has come and gone, but your recent high school grads are likely still around for a little longer. What should your final conversations with them be about?

This blog post from Fuller Youth Institute helps address the topic. Read the post here.