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The man who paid off the student debt of 400 Morehouse University graduates has launched a new initiative to help borrowers

2020-07-01
By: Staff Writer

  Last year, billionaire Robert Smith shocked about 400 Morehouse College graduates (and people around the world) when he announced that he would pay off their student debt. Today, he returns with an initiative that he believes will address the challenges faced by black student loan borrowers on a broaderRead More →

At America’s most ‘woke’ colleges, extreme liberal politics fails students and free speech

2020-01-27
By: Staff Writer

As if students and parents didn’t have enough to worry about in choosing a college — academics, ambience, selectivity and, of course, cost — the political climate on U.S. campuses is becoming more of a concern. Why? Because “woke” progressivism is received wisdom in academia these days, and students whoRead More →

Is this life-changing Christmas gift from my new in-laws too good to be true?

2019-12-27
By: Staff Writer

Dear Moneyist, I am married to the love of my life and we are currently planning our forever home. It sounds great, and it was — until my new in-laws made their grand entrance. They are currently dangling the one gift that they know will change our lives — landRead More →

Sex and self-dealing at Jerry Falwell Jr.’s Liberty University?

2019-09-14
By: Staff Writer

Hypocrisy at the world’s biggest Christian college? Let’s just say shock was in short supply when Politico on Monday, citing dozens of sources, published a deep dive into the antics of Liberty University President Jerry Falwell Jr. ‘We’re not a school; we’re a real estate hedge fund. We’re not educating;Read More →

You’d dance like this, too, if you just paid off almost a quarter-million dollars in student debt

2019-08-14
By: Staff Writer

You’ve just paid off almost a quarter-million dollars in student loans after 10 years of hard work and personal tragedy. What are you gonna do next? Dance it out in a metallic purple jumpsuit, of course. That’s what Caitlin Boston, 35, is beginning to going viral for, after posting aRead More →

You’d dance like this, too, if you just paid off almost a quarter-million dollars in student debt

2019-08-14
By: Staff Writer

You’ve just paid off almost a quarter-million dollars in student loans after 10 years of hard work and personal tragedy. What are you gonna do next? Dance it out in a metallic purple jumpsuit, of course. That’s what Caitlin Boston, 35, is beginning to going viral for, after posting aRead More →

My children’s stepmother won’t return family heirlooms and gifts they gave their late father — how can we get them back?

2019-07-31
By: Staff Writer

Dear Moneyist, My children’s father passed away this past August. He had remarried not long before that and settled in Chapel Hill, N.C. He did have a will, but did not specify individual items to be given to his relatives. His new wife (AKA my children’s stepmother) is having aRead More →

Jeffrey Epstein’s $6.5 million donation to Harvard University under new scrutiny after sex trafficking arrest

2019-07-13
By: Staff Writer

The arrest of billionaire Jeffrey Epstein on sex trafficking charges has renewed questions on whether Harvard University should give back millions he donated to the school more than a decade ago. Epstein, 66, was charged Monday with sexually abusing dozens of girls, some as young as 14, and allegedly payingRead More →

U.S. consumer debt is now above levels hit during the 2008 financial crisis

2019-06-22
By: Staff Writer

Consumer debt is growing to worrisome levels. Ben Mohr, senior research analyst of fixed income at investment consultant Marquette Associates, calculated that total U.S. consumer debt hit $14 trillion in the first quarter of 2019, surpassing the roughly $13 trillion of leverage accumulated in credit cards, auto loans and mortgagesRead More →

This father paid $400,000 to get his child into Georgetown, but his son said he didn’t know — should he have been expelled?

2019-06-18
By: Staff Writer

Dear Moneyist, A Georgetown University undergraduate student whose dad has already pleaded guilty to participating in a nationwide college admissions bribery scheme is now suing the school to try to stop disciplinary action from the university. I believe he should be expelled and the credit he earned should be withheld.Read More →

The avoidable reason college students don’t always take out the loans they need

2019-06-03
By: Staff Writer

As the student-loan debt bubble grows, lawmakers and consumer advocates are pushing for better counseling to help students make better-informed borrowing decisions. But as a new working paper circulated Monday by the National Bureau of Economic Research shows, counseling can have a dramatic effect on the choices these students makeRead More →

Michael Torpey on what he’s learned from hosting a game show that helps people who have student debt

2019-05-13
By: Staff Writer

Few entertainers’ day jobs focus as closely on money and finance as Michael Torpey’s. As the host of Tru TV’s “Paid Off with Michael Torpey,” Torpey introduces viewers to struggling student loan borrowers competing to win help paying off their loans. New episodes premiere Monday and one of the majorRead More →

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