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Archive for April, 2008

IRS eyes College Endowments

Wednesday, April 30th, 2008

Republican senator, Charles E. Grassley of Iowa, has suggested that wealthy colleges should spend at least 5 percent of their endowments each year. The common perception on Capital Hill is that prestigious colleges have become stingy. At a Georgetown University conference, Steven T. Miller, commissioner of the IRS’s tax-exempt division floated ...

College Education of U.S. Presidents

Tuesday, April 29th, 2008

The 2008 presidential election made me interested in the educational pedigree of past Presidents of the United States. Analyzing the facts, I discovered eight presidents did not graduate from college, including William Harrison, Harry Truman, Zachary Taylor, Grover Cleveland, Andrew Johnson and Millard Fillmore. George W. Bush has obtained diplomas ...

Top 10 ways for College Students to Save Money

Wednesday, April 23rd, 2008

We have compiled a helpful list of money saving tips for college students. 1)Student Banking: Banks offer college students free savings and checking accounts. Take advantage of this opportunity to avoid fees and getting acquainted with online banking. You can easily pay your bills online (credit card, cell phone bills,...), ...

Best and Worst 529 College-Savings Plans

Wednesday, April 23rd, 2008

529 college-savings plans are the main choice for several parents preparing for their children’s future. The tax-advantaged 529 plans vary in quality from state to state. Investment researcher, Morningstar Inc., has released its report, ranking the best and worst 529 plans. 529 college-savings plans are accounts that offer wide range ...

The World’s Youngest College Professor

Tuesday, April 22nd, 2008

According to the Guinness Book of World Records, Alia Sabur is the youngest person to be employed as a full-time professor. Alia is now 19 years old and a professor of physics at the Konkuk University in South Korea. She was hired February 19th as a faculty member in the ...

Student Loan Tips for Parents and Students

Monday, April 21st, 2008

The subprime mortgage meltdown has affected the student loan market. Students now face an uncertain student loan market. This spring, many families will have to make crucial decisions, before the Bush administration and Congress can act on the problem. The following is a list of tips for parents and students ...

Sallie Mae and the College Loan Meltdown

Friday, April 18th, 2008

On December 19, 2007, Al Lord, the chairman of Sallie Mae (SLM.N: Quote, Profile, Research), quipped “You know that a company is doing poorly when metal detectors are used at investor meetings". Sallie Mae, the nation's largest student lender, was familiar to bad quarters but the economic crisis might soon ...

Best Jobs for College Students

Sunday, April 13th, 2008

Students usually have very little time on their hands. We have compiled a good list of part time jobs that will help college students make money, and acquire some job skills. Before choosing a job, you should not expect to make astronomical amounts of money, and you should weigh ...

Best Websites for College Students

Thursday, April 10th, 2008

1) Textbooks: The price of college textbooks has gone up 186% since 1986. Poor students have to pay inflated prices for books, which might be scarcely used. Book Finder allows you to compare prices on 125 million books from 4,000 sellers. It is easily the best website to score cheap ...

Funding for Education

Wednesday, April 9th, 2008

After scrambling to complete my taxes, I kept asking myself how Uncle Sam partitioned the 2007 tax haul, estimated at $2,072,116,000,000. Then I stumbled onto a website called the National Priorities Project (NPP), which illustrates tax dollar allocation with easy to read charts. The NPP report reveals how the income ...