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[3 Nov 2009 | 223 Comments | 1 views]

I’ll be speaking on Thursday at the Massachusetts Association of Student Financial Aid Administrators annual conference on the topic of financial literacy, but wanted your take: why do financial literacy efforts fail?
Leave your thoughts in the comments!
Scholarship Points bonus code: FINLITFAIL

Economy, Financial Aid, Interview, Podcast »

[5 Oct 2009 | 3 Comments | 1 views]

FAP928: What’s ahead for your financial aid future
Download the MP3 file here.
Expert Interview
In this 25 minute interview with Maria Simos, CEO of e-Forecasting.com, and Dr. Evangelos Simos, Professor of Economics at the Whittemore School of Business at UNH, we talk about the current financial conditions impacting students and families, what industries are likely to be the best opportunities for jobs for new graduates, and what lies ahead in the next few years for your financial future.
There’s a ton of great information in this show – enjoy!

Subscribe to RSS headline updates …

Economy »

[17 Aug 2009 | No Comment | 227 views]

Edvisors is hiring for a marketing associate.
Online Marketing Associate
* Are you a rising online marketing rock star?
* Do you possess the rare mix of a business mind with mad HTML and writing skill?
* Are you a resourceful, motivated and a never-say-die winner?
If you answered yes to all of those questions and want the opportunity to make your fame while working with college students online- this job is for you! We’re looking for the next great online marketing star …

Economy, Financial Aid, Scholarships »

[8 Apr 2009 | No Comment | 1 views]

Daily Aid 110: Financial Aid Cause and Effect
Student Financial Aid News
From the Chronicle:
Increased federal student aid, especially to middle-class families, is contributing to the rising cost of higher education, a report by the Center for College Affordability and Productivity says.
The report concludes that federally backed loans should be offered to only low-income families, not expanded to help more middle-class families, and that “the expanded tuition tax credits in the 2009 stimulus bill are probably a step backward.”
Economics 101 – the more a customer has to spend, the higher you can …

Economy, Featured »

[17 Mar 2009 | No Comment | 57 views]
Job search woes

What are you doing for your job search? How are you handling looking for work after college? Here’s a sampling from Twitter:
dluberda: Job hunting difficult for graduating college students…great…
elise27: trying to find a job…graduating soon and there are nooo jobs. scary
andrewvo: I’m graduating. May I have a job? You can find me online but I wasn’t in “ping pong playa” I produce and get coffee. Please?
jjnick: is a little worried about graduating in April. CNN just posted an article about graduating college seniors and I still don’t have a job!
alexfish: …

Economy »

[17 Jan 2009 | One Comment | 1 views]

For several years now I’ve been chronicling the decline of the economy through irresponsible lending and saying that when housing prices stabilize, then and only then will we get a chance to see the economy recover. That’s no longer the linchpin of the operation, the keystone in the construction. What the economy needs now more than ever, even more than stabilized housing prices, is:
In an economy that relies on spending and consumption as the engine of growth, jobs are the gasoline. No gas, and it doesn’t matter what shape the …

Economy, Saving Money, Student Loans »

[12 Nov 2008 | No Comment | 1 views]

The Coming Financial Aid Crisis, Part 2 in a Series
In the first part of this discussion on the coming financial aid crisis, we talked about Pell Grant shortfalls and increased demand due to enrollments. Let’s dig into some heavier economic data to see what may lie ahead.
Here’s a chart of underutilized labor from the Bureau of Labor Statistics. Underutilized labor includes the unemployed, discouraged workers (people who are jobless and have stopped looking/stopped filing for unemployment insurance), and underutilized workers (part time employees who want a full time job but …

Economy »

[8 Nov 2008 | No Comment | 1 views]

I’d like to call your attention to two charts from the October Bureau of Labor Statistics report.
First, this chart. Click on the chart for a larger version.

The official October 2008 unemployment rate is 6.5%. However, if you count in discouraged workers (people who have given up trying to find a job), marginally attached workers (day labor without steady employment), and part timers who were forced into part time from full time, the rate is almost double, 11.8%.
If the economy and the employment situation feels worse than the official rate says …

Economy »

[16 Oct 2008 | 3 Comments | 1 views]

Daily Aid 26: How to understand how the economy is really doing
Eye on the Economy
I want to do a special today to give you some tools for understanding the market a little better, some things to keep an eye on, and some explanations so that when you see financial news in the headlines, you know whether it’s serious or hype.

When news outlets talk about the market, they’re most often talking about 3 different stock market measures – the Dow Jones Industrial Average, the Standard & Poor’s 500, and the NASDAQ. …

Economy »

[15 Oct 2008 | No Comment | 1 views]

Daily Aid 25: Surveying the economic landscape
Student Financial Aid News
From the Chronicle:
The Wal-Mart Foundation, the chain store’s philanthropic arm, announced today a $4.2-million grant to the Institute for Higher Education Policy, which will use the money to support programs that help students who are the first in their families to go to college succeed at minority-serving institutions.
The grant continues the philanthropy’s recent emphasis on helping first-generation students, including millions of dollars in grants, announced in February, to the Council of Independent Colleges, the American Association of Community Colleges, and 20 …