The Reading Room
A Personal Finance Blog
In the year 2017 Americans saw the federal student debt rise to $1.48 trillion, surpassing credit card debt. Each of the 44 million borrowers were estimated to have graduated with $37,142 in student debt. Once graduated, Americans have to face the task of repaying these loans; a task that can last well into their forties. … Continue reading
Good news, right? So what’s the trick? Actually, there is no trick. Follow along for about two minutes. For the sake of illustration, let’s say a child is born this year and you want to plan financially for her college education. We’ll make the assumption that you expect to pay for a traditional four year … Continue reading