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A college degree is a powerful asset," said Jack Remondi, President & CEO of Navient, in a statement. "But, borrowing for college and not graduating, has lasting negative consequences.
Record Levels of Adult Children Live with Parents & 3 Tips for Your Family
The share of young Americans living with parents hit a high of 40.9% in 1940, just a year after the official end of the Great Depression, and fell to a low of 24.1% in 1960. It hovered between about 31% and 33% from 1980 to the mid-2000s, when the rate started climbing steadily.
Launching Your New College Student’s Year
One of the first rites of passage for many new college students may be attending college convocation. What is college convocation?