Saturday, December 20, 2014

An Ultra-Low Cost College Degree

The University of the People is an accredited online university whose costs are approximately $4,000 for a degree. They offer degrees in Computer Science and Business Administration. They are supported by several large non-profits including "Microsoft4Afrika" and the "Clinton Global Initiative."

At the online University of the People, anyone with a high school diploma can take classes toward a degree in buidiness administration or computer science - without standard tuition fees (though exams cost money). Founder Shai Reshef hopes that higher education is changing "from being a privilege for the few to a basic right, affordable and accessible for all."

Watch the TED talk

Wednesday, December 17, 2014

A guide to paying off your student loans

It’s that dreaded time of year for recent graduates: the end of the six-month grace period on student loans.

Whether you owe $5,000 or $50,000, having a handle on your education debt will help you avoid fees, keep your payments affordable and safeguard your credit rating. Don’t panic. Take a deep breath and check out these expert tips.



Reposted By Danielle Douglas-Gabriel

Friday, December 12, 2014

529 plans are best way to save for college. Hardly anyone uses them

529 College Plans are widely hailed as the best options for all families to save for their children's education. Unfortunately hardly anyone ever uses them. TuitionCoin recommends looking at http://www.savingforcollege.com/ to see how your states 529 plan can help you. TuitionCoin does not recommend using the prepaid tuition plans which only a few states still offer. 

Reposted By Danielle Douglas-Gabriel

Sunday, December 7, 2014

We need to reconsider art school


An MFA student at the Pennsylvania Academy of the Fine Arts.
A year ago today, I wrote about the almost criminal cost of most Master of Fine Arts programs. It’s a year later, and things have only gotten worse, making these highly pricy, upscale programs all the more galling, as more and more students graduate owing this much money at this young an age — the financial damages done by these schools has to be addressed.

Saturday, December 6, 2014

Stagnant Wages

This chart shows average earnings (Middle Quintile) over time. Wages are going up. But, there is a lot of inequality because wages increase faster at higher levels of income.

Wages are stagnant for low wage earners but wages are growing for higher wage earners. The difference between low wages and higher wages is often higher education.




Friday, December 5, 2014

The Illusion Of Full Employment And Technology

Reposted By Lance Roberts
The increasing use of technology to replace human capital is a trend that will not reverse anytime soon and will continue to proliferate areas where unskilled, repetitive labor can be automated. This is the risk that fast food workers take by lobbying for higher wages; an ordering kiosk can be quickly employed to take orders and deliver those to an automated production line. Or better yet, why not allow customers to simply place orders on the way to the restaurant through an "app." The next time you go out take a moment to realize the impact of technology on everything you do. Also, notice how many individuals have their faces stuck into their phones being truly unproductive.

Thursday, December 4, 2014

A Hypothetical Investment In Wages

TuitionCoin is based on educated wages. Here is how an investment in wages would have performed in the past. This would be based on a 0% interest rate. Actual returns would be higher if the investment had an interest rate.