Higher Education Debt

Since 1980, college tuition has tripled at public and private four-year universities, and doubled at community colleges. The average college graduate owes over $29,400 in student loans. Even as higher education becomes more important than ever to achieve economic opportunities, the amount of people in tuition and student debt have made it that much harder for our generation to earn a degree and pay down our debt. The video down below shows Greg Gottesman explaining the college debt phenomenon.

Credit Score

On Everfi.com I learned about Credit Score. A few things I learned is, to keep track of your credit score, explore a credit report, how to help your credit, components of a credit score, and what exactly is a credit score. Keeping tabs on your credit is important. You should check your credit report yearly for accuracy, and notify the credit bureau immediately if you notice any information that is incorrect. You are entitled to a free credit report each year. Credit checks are classified as either soft or hard inquiries. Hard inquiries show up on your credit report. This is when someone checks your credit to make a lending decision. You can increase your credit score by paying bills on time, using a low percentage of your available credit, and using a variety of credit types.