Grant Money For College

(WHO GETS WHAT: Billions to colleges and students) This is something to keep your eye on the government has all allowed a large amount of money for students to continue their education with the stimulus package. If you are a student or have some interest in going back to school this could be an interesting way to do it. If you get laid off an are looking to move your career in a certain direction this might be a perfect chance. Stay tuned to the exact words that are made law to possibly take advantage of the government stimulus.

How The Credit Mess Squeezes You

Here is a great article that puts the credit crisis at a level the typical person can understand. It shows the small places that it could effect the average person's financial life. Student loans and credit card rates are going up due to a lack of available money to loan out. (How the Credit Mess Squeezes You)

The Cost of Student Loans

(High-Priced Student Loans Spell Trouble) This article bring up how common and severe students loan problems are becoming. With the cost of college sky rocketing and the rate of savings for the nation shrinking it seems to be a place where people are coming up short in funds. The story brings up examples of what people's payments are for student loans. It is a lot harder to live when you are paying 15% of your take home pay to a student loan. The article goes on to discuss how if the economy were to go downward that it could be expected that student loan defaults are going to rise dramatically.

College Costs and the Market

How College Costs Could Lead to a Market Crash Here is an article with some reasoning about how student loan debt limits what a college graduate can do. It also goes on to say the solutions to the problem do not look good for graduates. The basic idea is that jobs are being outsourced and incomes are dropping for college graduates to compete against outsourcing.