The unemployment rate for young Americans is currently at its highest level since World War II, at a staggering 32%. This is the low point of a downward trend over the last two decades. The recession has been hard on everyone, but youth in particular have suffered disproportionately. Millennials are the first American generation predicted to be worse off economically than our parents. On Wednesday ...
It is no secret that higher education is becoming increasingly unaffordable as rising costs surpass family and personal incomes. As higher education, ending not only at a bachelor's degree but master's and doctorate's as well, become no longer the exception but the norm, young adults take increasingly more desperate measures to achieve a college education. Private lenders are capitalizing on the opportunity ...