Rivier University Offers Job ‘Guarantee’
Concord — A small Catholic university in southern New Hampshire is becoming the latest college to offer a money-back guarantee of sorts to its students. Rivier University, which has a total student population of about 2,600 in Nashua, has created an “Employment Promise Program” that will be available to full-time undergraduates starting with the class of 2020. Students are guaranteed to land a job within nine months of graduation, or...
Next Big Workplace Perk: College Debt Relief
Minneapolis — A growing number of companies are dangling a recruitment perk that is tailor-made for the millennial generation: debt relief. Free snacks and gym memberships don’t hold the allure they once did for young people entering the working world. Buried under student loans of more than $29,000 on average, they want help. “For this millennial group, it’s more important than the 401(k),” said Tim DeMello, CEO and founder of...
Money Talk: Settle Home Ownership in Divorce Agreement
Question: Our daughter was divorced in 2012 from her husband of 20 years. He still lives in the house they shared and she lives elsewhere. He pays the mortgage. When she asks him to remove her name from the mortgage, he says she is harassing him. What are her legal options and steps to accomplish this? Answer: The couple’s divorce agreement should have addressed this issue. If he agreed to take sole responsibility for the mortgage,...
Money Talk: Options for Paying for College
Question: I have two kids heading to college. Both need co-signers for their student loans. Will me co-signing have a negative effect on my credit? The kids have no choice. I’m middle class, having made enough to get myself by as a divorcee, but there’s no college savings. To make matters worse, I make just over the base for them to get a Pell Grant. I’m concerned about my credit, but my kids need to go to college. Answer: Your...
Tips for Those 20-Somethings on Handling Finances
Finding a job, renting an apartment, repaying student loans — when you’re just starting out, getting on your financial feet can be overwhelming. A recent study by Money Under 30, a personal finance blog for 20-somethings, found that many young adults have to make significant compromises when starting their financial lives. The study, which surveyed more than 250 individuals ages 21 to 29, found that 14 percent of them are not saving...
