Why millennials go on holiday instead of saving for a pension – FT.com

©Joe Waldron Save money into my pension? I’d rather blow it on a holiday. This is the typical response of a millennial — marketing shorthand for a 20-something — when you ask them about financial planning. More On this story On this topic IN Personal Finance For the generation that grew up in the Noughties,…

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America’s millennials are in crisis—and it’s not all in their heads – Quartz

It’s now readily apparent that we’re in the midst of a new wave of college student protests. From the ConcernedStudent1950 movement that led to the ouster of University of Missouri president Tim Wolfe to the Million Student March that spanned 110 campuses and called for a debt-free education, campuses across the nation are witnessing an…

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These 20 schools are responsible for a fifth of all graduate school debt – The Washington Post

In this Oct. 6, 2011 photo, Gan Golan of Los Angeles, dressed as the “Master of Degrees,” holds a ball and chain representing his college loan debt during Occupy DC activities in (AP Photo/Jacquelyn Martin) Getting an advanced degree doesn’t come cheap, which is why graduate students carry nearly half of all student debt. But it turns out that a…

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The Problem With Too Big To Fail Colleges – BuzzFeed News

ITT Educational Services, one of the country’s largest for-profit college operators, has fallen into a financial and regulatory spiral that many observers say it is unlikely to emerge from. The company, which had 51,000 students as of March, is slowly running out of options to stay afloat. Except, of course, for one: enroll more students….

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The best way to nab your dream job out of college? Be born rich – Quartz

The American dream of equal opportunity, based on the conviction that intelligence, hard work and character are the keys to success, may be on life support. These days children raised at the top or bottom fifths of the income pyramid tend to stay there, even as adults. Higher education is considered a major contributor to economic…

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The Student Debt Strike Movement Is Finally Getting the Attention It Deserves

A small rebellion against the American higher education system is gaining steam. On Tuesday, a group of strikers and organizers who call themselves “the Corinthian 100” met with officials from the U.S. Consumer Financial Protection Bureau, the Department of Education and the Department of Treasury to demand that their federal student loans be forgiven. The…

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