Many More Students Are Defaulting Than Official Tallies Show – Government – The Chronicle of Higher Education

Students struggling in hard times, even with federal aid

The share of borrowers who default on their student loans is bigger than the federal government’s short-term data suggest, with thousands more facing damaged credit histories and millions more tax dollars being lost in the long run.

According to unpublished data obtained Click to Read More

Why you’re not making more money than a decade ago: Diary of a Recession Baby – MarketWatch

More on stagnating wages and the widening income gap in America.

The story is often told that college graduates have done well and everyone else has not. But that’s not true,” said Josh Bivens, an economist at EPI.

For high school graduates, median inflation-adjusted wages were $626 per week in 2009, compared with Click to Read More