Do It Right: College

Heading off to college after high school is an American rite of passage. But in your haste to perform that rite, don’t lose sight of the potential pitfalls in paying for that education. If you can’t do it right, it’s not the right time to do it. ...

4 Smart Money Moves for College Students

I wouldn’t trade my college experience for anything. But I do wish I had handled my finances better. Here are four smart money moves tips I wish somebody had shared with me when I was a college student. Never carry a balance on a credit ...

Can’t Afford Student Loans

Q: I have a lot of student loan debt, and I can’t afford the payments right now. Should I send them what I can, even if it’s not the minimum payment, or should I not send anything at all? A: They’re not going to stop bothering you no matter ...

Student Loans & Ponzi Schemes

Is taking out large and burdensome student loans a Ponzi scheme-like scenario? A recent Rolling Stone article by Matt Taibbi discusses the political machinations in Washington of student loans. Ostensibly a tool for Americans to level the social ...

Dave Says: Why Not to Cash Out

Is it a good idea for a married couple in their early thirties, who have a lot of student loan debt, to cash out one of their 401(k)s to pay it off? Marcy Dear Marcy, No way! You never cash out a 401(k) or IRA to pay off debt, unless it’s to ...