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sellery_bruce_moolala.jpgWhile everyone has to handle money, not everyone can say they know what they’re doing when it comes to finances. Sure, you can just hire someone to manage your money and forget about it, but the best solution is to get control of things yourself. Fortunately, there are people like Bruce Sellery around to give you a helpful push. He has developed a new way to teach people about money, and has written a non-preachy book called “Moolala: Why Smart People Do Dumb Things with Their Money (And What You Can Do About It)” to educate and empower the masses. WatchMojo was lucky enough to ask him a few questions so we can get started on organizing our money matters:

WM - The book is called, “Moolala: Why Smart People Do Dumb Things with Their Money (And What You Can Do About It):” So, why do smart people do dumb things with their money? continue reading...

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Students at Ottawa’s Carleton University just got some good news. This coming fall some of their hard-earned (or, more likely, their parents’ hard-earned) money will be allowed to be used for things other than books.

(Read: Beer.) continue reading...

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With American tuition fees of roughly US$25,000, and many families strapped for cash, some American students are now taking their higher learning north of the border. Many Canadian universities are of an Ivy League caliber; however the total cost of attending the schools is markedly less. For international students, one year of tuition at Dalhousie University in Nova Scotia is CDN$14,060, versus Boston University’s CDN$44,975. Not to mention housing expenses, etc. About 9,000 American students studied in Canadian Universities this year, versus roughly 2,300 12 years ago.

Students face the decision after graduation, however, about whether to move back to the U.S. or to stay in Canada. Read more… continue reading...

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Since 1 March, at least nine American universities have received anonymous donations totaling over $45 million. The catch is: the school had to promise not to try to find out the benefactor’s identity. It is not clear whether the source is an individual, a group with similar interest or an organization. Some of the schools even went so far as to contact the Internal Revenue Service (IRS) and the Department of Homeland Security to verify that the money was not ill-gotten.

The unknown supporter also stipulated that the majority of the money should go to student scholarships, while the rest can fund research, equipment and operating expenses.  Read more… continue reading...

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related tags: College | credit cards | debt | Finances | grants | loans | money | students | tuition |
Just when you thought student debt couldn’t get any worse, it does.  More students today are paying their college fees on credit, and therefore carrying higher balances, a study has found.  This study also shows that students are using their credit cards as opposed to seeking financial aid such as private loans and grants.  Some students worry that their college debt will prevent them from buying homes in the future.  Read more… continue reading...

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Schools and students alike are concerned the failed economy will force dropouts.  With college already costing around $50,000 for room, board, books, tuition, etc, some student have had to make tough decisions to leave school, take out bigger loans, or get part-time jobs.  Some may even switch to schools with cheaper tuition rates.  Read more… continue reading...

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related tags: College | Finances | expensive | money | tuition |

In honor of Halloween week, here’s a scare: the most expensive colleges of 2008-2009. continue reading...

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    Getting into and paying for college may seem like a daunting task. But here are a few tips that may make things easier: continue reading...

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    NEW YORK, May 12 /PRNewswire-FirstCall/ — Lucrative jobs, corner offices and business lunches may be what undergrads and their parents have in mind for a post-graduation future, but their view on the amount of money they need to pay for education is generally far less clear. Estimating the total cost of a college education can be confusing, which often leads to bad decisions when it comes to funding that education.”The best place to start when it comes to figuring out what you can affordably borrow is to calculate the total cost of the education they are pursuing. However, parents and students frequently find themselves at a disadvantage when trying to determine what this figure will end up being,” said John P. Derham, an officer for MyRichUncle. “A few smart rules are in order to help families get to a realistic number to start budgeting for.”

    Math Rule #1 — Know your Estimated Total Costs, in relation to tuition and fees continue reading...

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    MONTREAL, QUEBEC–(Marketwire - March 31, 2008) - Compared to post-secondary students at public colleges, students pursuing post-secondary studies at privately operated career colleges tend to be older, with a mean age of 29, and have a greater reliance on government student financial aid. In addition, most of them (72 per cent) are women, and they are more likely to have dependents under 18 and less likely to have financial backing from family.

    These are several key findings of the Survey of Canadian Career College Students, the first major study of students attending career colleges. The survey, jointly commissioned by the Canada Millennium Scholarship Foundation and Human Resources and Social Development Canada, with the cooperation of the National Association of Career Colleges, was conducted by R. A. Malatest and Associates Ltd. continue reading...

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