College

Because of the poor economy, students now have more of a burden to help pay for their own college expenses. No one wants to rack up huge student loan debt to pay for it all, but nearly two-thirds of undergraduates take out student loans, and college seniors are graduating with an average loan balance close …

So you didn’t save. Maybe the costs of raising a family left you with nothing to squirrel away for your child’s higher education. Or perhaps you did save, but you’ve been hit hard by the downturn in the economy through the loss of a steady job or a sharp decline in the value of your …