“I knew a private school would cost a lot of money,” said Kelsey Griffith, a 2012 graduate of Ohio Northern University. “But when I graduate, I’m going to owe like $900 a month. No one told me that.” For all students borrowing to pay for college, the average debt in 2011 was $23,300, with 10% owing more than $54,000 and 3% owing more than $100,000, according to the Federal Reserve Bank of New York. The current balance of federal student loans nationwide is $902 billion, with an additional $140 billion in private student loans. “If one is not thinking about where this is headed over the next two or three years, you are just completely missing the warning signs,” said Rajeev V. Date, deputy director of the Consumer Financial Protection Bureau, the federal watchdog created after the financial crisis. A bill to keep interest rates on student loans from doubling this summer was passed in April.
One guiding principle is that annuities, life insurance, disability insurance and long-term care insurance can all help.
Vesta Healthcare systems help family caregivers and professional caregivers manage care.
New AALTCI pricing figures suggest that prices for women may be about the same.
Sponsored by Cetera Financial Group
Do you know the difference between client experience and customer service? The answer is crucial.
Sponsored by T. Rowe Price Investment Services, Inc.
The “reflation trade” appears real, but risks are still elevated.
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