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Old Student Loans Can Come Back to Haunt Retiring Seniors

Old Student Loans Can Come Back to Haunt Retiring Seniors

The New York Times recently reported that the number of older Americans with student loan debt has almost tripled in the past nine years from 700,000 to more than two million and, during that time, that the outstanding debt grew from $8 billion to $43 billion.
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If You’re Not Making Mistakes, You’re Not Generating Enough New Ideas

If You’re Not Making Mistakes, You’re Not Generating Enough New Ideas

In an article on workplace celebrations late last year, Kyle Zimmer, co-founder and CEO of First Book, Inc., said that she believed that if a company isn’t making mistakes, it isn’t trying out enough new ideas. She believes in giving ideas a wholehearted chance in spite of the fact that they may fail.
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Keeping Confidence in Business

Keeping Confidence in Business

I’m convinced that the workplace should be as open and honest as possible. But there are times when an individual or a team needs to work on matters that must remain confidential. It could be for any number of reasons: from reviewing a potential acquisition, evaluating a take-over offer or determining if layoffs are necessary.
Filed in: Leadership, Other, Trust
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Baby, That’s a Lot of Money Part 2

Baby, That’s a Lot of Money Part 2

I recently posted about the U.S. Department of Agriculture’s estimate of the costs associated with raising a child born in 2013; the average was close to a quarter of a million dollars, not including college. According to an article in usatoday.com, parents may need to spend as much as $245,340 to raise a child. But what if you had invested that same amount over 18 years (at $13,630 a year), at an average annual return of 8.00%, it could grow to a little over $600,000.
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Creating a Post-College Plan

Creating a Post-College Plan

I firmly believe that in the realm of risk and reward, there’s no better investment than a college education, even if it means taking out student loans. This is especially true if families do their homework and research the schools that will deliver the best bang for the buck. (For some background, see my recent post on Money Magazine’s college rankings.) But there’s another step I think students and their families should research when choosing a school:
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