Dealing with Debt

Q&A with Marc Scheer

Gradspot.com — Tue, 28 Oct 2008 10:14:03 -0400

Did you know that students expect to earn 44 percent more than they actually do when they graduate? And that at most college, each class breaks down to $100 per hour? (No use feeling guilty about sleeping through most of them now!)... more >

The Debt Chronicles

Gritz — Wed, 08 Oct 2008 17:32:03 -0400

The dog days of debt have consumed the nation, and as members of so-called “Generation Debt,” perhaps it’s time to face the facts and peer into the abyss of our bank accounts. Check out these articles from Consumerist to get the ball rolling on a new era of financial self-awareness:... more >

Building and Maintaining Credit

Christine Margiotta — Mon, 06 Oct 2008 10:18:46 -0400

Credit is one of those nebulous things that lurks in the background of our lives like recessive cancer genes—unseen, unknown, and ready to wreak havoc on our futures if we slip just once. What is credit? Basically, credit refers to your ability to pay people back if you borrow their money (i.e. a credit card) or buy something... more >

How Would the Bailout Affect You?

Christopher Schonberger — Thu, 02 Oct 2008 11:46:17 -0400

Last night, the Senate endorsed an amended version of the $700 trillion economic bailout plan, putting the pressure on the House to pass it by the end of the week. But how will it affect you, the recent grad?... more >

Private Debt Consolidation and Debt Forgiveness

Stuart — Wed, 01 Oct 2008 18:09:58 -0400

Pre-paying all your loans, consolidating through the government, and fleeing the country are not the only ways to deal with your debt. You can also ask your parents to handle it!... more >

The Pros and Cons of Prepaid Debit

keshav.singh@gradspot.com — Thu, 11 Sep 2008 14:23:25 -0400

If you’re still in college, you may notice fewer credit card companies offering you free Nalgenes if you sign up for some plastic. That’s because college are cracking down on credit-card marketing on campus to curb the trend of students graduating with massive debt.... more >

Top Ten Most Absurd Credit Cards

Christopher Schonberger — Thu, 28 Aug 2008 17:04:27 -0400

When you’re a recent grad with a miniscule income, a sublet apartment, and no bills in your name, convincing credit card companies to throw you a bone isn’t always easy. Combine those stacked odds with the fact that it takes an advanced... more >

Money Saving Tricks

czoia@gradspot.com — Tue, 05 Aug 2008 11:31:39 -0400

The reason why saving money is so difficult is because it usually involves convincing yourself you don't want things you actually do want and telling yourself that, no, you didn't "earn" a Starbucks latte by waking up on time for work.... more >

Gimme Gimme More

dan.marley@gradspot.com — Tue, 29 Jul 2008 09:37:36 -0400

Boomerangers. Millenials. Kidults. Generation Debt—these are just some of the terms used to describe us twentysomethings. Why? Because we rack up crazy student debt, head back home after college, move to expensive cities even though we have horrible salaries... more >

Federal Student Debt Interest Rates Slashed by 50% Today

Rachel Solomon — Tue, 01 Jul 2008 09:42:51 -0400

With gas prices, unemployment, and inflation all on the rise, recent graduates could really use a financial break. Well, today’s the day. Thanks to the economy’s Lohan-like bender, the interest rate for federal student loans plummets today, July 1st, from a weighty 6.62% to a wispy 3.62%... more >