Why rich students get more financial aid than poor ones Colleges are increasingly spending more to woo affluent students with scholarships based solely on academic or other achievements, experts say. And it’s leaving those who need aid the most with fewer resources to afford college. Take out subsidized federal student loans first Students in the…
Why are millennials turning to payday loans and pawn shops? More millennials are turning to payday loans and pawn shops for much needed cash – moves that can provide immediate relief, but often result in deeper debt. That’s according to a new study on millennials and financial literacy by the Global Financial Literacy Excellence Center…