Americans owe over $1.7 trillion in federal student loan debt and women hold two-thirds of it.
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Considering a student loan? Here are the top shopping tipsStudent loan payments are set to resume on October 1. Students are now carefully considering their options when considering a student loan. Wells Fargo Head of Advice & Planning Michael Liersch and Linda Nicholas, NYU's School of Professional Studies Student Financial Services Director, join Yahoo Finance Live to provide their top tips when shopping for student loans. It's all part of the weekly series 'Student Loans: Smarter Strategies.' Nicholas provided some insight into student loan debt and advised students to use the tools available to compare colleges. She said, 'What's the long-term return on investment? And that's what folks are asking. And when you're comparing colleges I think this is where the conversation begins, not just looking at the sticker price of a college.' Liersch revealed his thoughts on student loan debt and what students should be looking for when shopping for a loan. Liersch said, 'There's a lot of reasons to get an education and invest in yourself ... one is you could change your career, or you could even have that career in the first place. The second is that you really give yourself that foundation to get a graduate degree if you don't have one yet.'
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DoorDash stock dips on downgrade, student loans resumingDoorDash (DASH) shares tick lower this morning after a downgrade by MoffettNathanson analysts citing the resumption of student loan payments in October. Yahoo Finance Live assesses the coming impact of student loans on services like DoorDash as U.S. borrowers attempt to cut back on spending.
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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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Cereal sales soften: Are Americans buying less cereal?Cereal sales have gone soggy as indicated by the sales volumes of companies like General Mills (GIS) and the Kellogg Company (K) in the past two years. Yahoo Finance Reporters Josh Schafer, Alexandra Canal, and Pras Subramanian analyze why American consumers may be choosing not to start the day with a bowl of classic breakfast brands.
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Student Café SeriesSign up for our Student Café Series! These recurring hybrid series take place every Friday! You can join in online or in-person Why Join these Sessions? - Learn about the student pathway to immigrate. - Networking tips.
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