Is college worth it?: Expert weighs in

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Student loan debt has ballooned to $1.7 trillion. With technology advancing rapidly and the landscape of education changing, many people are wondering if college is still worth it. Rob Franek, Princeton Review's Editor-in-Chief, joins Yahoo Finance to explain why traditional college still holds a lot of value. Frank explains that 'students that have an undergraduate degree, opposed to a student that wouldn't...will make $2 plus million over their career lifetime'. Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Smarter Strategies.'

The Assembly of First Nations is condemning the school gender identity policy changes in New Brunswick and Saskatchewan, arguing they violate Indigenous principles of self-determination and identity. Allan Polchies Jr., the chief of Sitansisk in Fredericton and the New Brunswick representative for the assembly’s 2SLGBTQQIA+ Council, says the changes are dangerous and trans-phobic.

Several nursing students in Quebec are going to what some might consider extreme lengths to avoid taking the province's licensing exam — one that has failed hundreds in the past year and was found to be flawed last fall. In a workaround getting more popular as word spreads, some nursing candidates in Quebec are registering to practise in other provinces in order to take the exam offered to all other nursing students in Canada.

 

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Student loans: Could filing for bankruptcy be best for borrowers?Student loan repayments are set to restart in October. What should U.S. borrowers know concerning where to find relief and what to avoid? Yahoo Finance's Rachelle Akuffo and Ronda Lee are joined by Student Defense Vice President and Chief Counsel Dan Zibel and Boies Schiller Flexner Partner Adam Shaw to talk about the 'predatory' nature of many private student loan companies and the for-profit colleges that partner with them. Zibel notes many accredited universities attract potential students by promising them opportunities and easy access to funding through private loans. Shaw encourages U.S. borrowers to reassess their finances and even consider whether “bankruptcy is right for them because there may be a path there now that was not there before.” Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Smarter Strategies.'
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Student loans: How graduates, families should be thinking about debtWith student loan payments set to resume starting October 1, the average U.S. borrower is expected to be making an average payment of $500 per month. Soon-to-be graduates are now carefully considering their career paths and job options in order to better prioritize paying off their student loan debt. Wells Fargo Head of Advice & Planning Michael Liersch and Linda Nicholas, NYU's School of Professional Studies Student Financial Services Director, sit down with Yahoo Finance Live to discuss borrowers' longer-term financial sustainability of paying off student loans and whether this type of debt is worth taking on. 'Sometimes there's this 'golden ticket' effect that people have,' Liersch explains. 'Where they think they're going to invest in themselves and then after they invest in themselves, they're going to somehow have this outsized earning potential. And I think we need to reframe that here in the United States of America.' 'Oftentimes, we see that schools with a higher tuition sticker price offer more in terms of scholarships and financial aid than a lower or moderately priced institution,' Nicholas says on the financial aid packages colleges can offer. 'So, I think it's easy to pit different schools against one another, but I think that... if [students are] interested in a program [and] if they see a program as a successful, well-known, reputable program, apply and then compare the financial aid offer.' Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Smarter Strategies.'
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