As Student Loans Resume, Expert Calls College a 'Marketing Lie' for Many

Personal finance expert Ken Coleman calls out the "marketing lie" of higher education as student loan payments resume. He fears few borrowers saved during the payment pause.
With payments resuming in October, the average monthly student loan bill is $200-$299 per person. Interest will start accruing in September.
Coleman says Congress and the White House need to address the root issue - "skyrocketing" college tuition costs.
Many students are realizing a college degree is not always the best path as trade schools and other alternatives explode.
Coleman claims "a college degree is the only way to success" is a marketing lie, as less expensive and quicker options are now abundant.

foxbusiness.com

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Posted 9/11/2023, 10:08:54 AM