Vocational Training Can Beat the Old College Try

I read several things this week that raised my blood pressure again about the student loan debt scam that so many colleges are running on many students. 

First, I read an column by John Stossel (of 20/20 fame) published at the Town Hall called the “College Scam.”  Stossel’s piece contains information that reinforces my belief that too many people go to college to begin with.  For them, going after the B.S. degree is not a good educational or money strategy.   Indeed, Stossel quotes one educational consultant who says the B.S. degree is “America’s most overrated product.”  Read more

Law Students in Debt and in Doubt – Spread the Word

Mr. ToughMoneyLove enjoys blogging but makes his living practicing law.  I also teach part-time at a local top 20 law school.  I hope this allows me to speak with some authority on the topic of excessive borrowing and unreasonable financial expectations of law students and law student wannabes.  If you or a friend/family member are a lawyer wannabe, please carefully consider what you are about to read.  Read more