Debbie Baratz

Debbie Baratz has written about topics including personal finance, financial markets, and banking. And as a media relations professional, she spent 10+ years working at not-for-profit, private, and publicly-traded financial institutions. When Debbie isn’t working, she can be found working out, reading, or traveling.

Articles by Debbie Baratz:

21
Aug
40% of Student Loan Borrowers Could Be in Default in 5 Years

Outstanding U.S. education debt has grown larger than $1.5 trillion, and more than 1 million student loan borrowers are going into default annually. Unfortunately, experts say the problem will likely get worse, with 40 percent of student loan borrowers potentially going into default by 2023, reported CNBC. Depending on the type of student loan – federal or [&he

Posted in: National News, Student Loan News,
14
Aug
Are Apprenticeships a Solution to the Student Loan Debt Problem?

The U.S. Bureau of Labor Statistics estimated that 67 percent of high school graduates will go to college. But nearly half of students who enter college drop out, left with debt and no diploma. Often, this debt is not a small amount of money: for the class of 2017, the average graduate borrower exited college with […]

Posted in: National News, Student Loan News,
13
Aug
Paying for College Tied to Higher Risk of Foreclosure

Paying for college can be a big financial burden for a family. And a new study shows those added costs of college tuition were connected to a higher likelihood of foreclosure during the economic downturn. A new study published in the journal Demography found higher rates of foreclosure from 2006 to 2011 in places that had recently sent more […]

Posted in: National News, Student Loan News,
09
Aug
New Study Shows Political Divide on What’s Wrong With Higher Ed

With 61 percent of Americans viewing U.S. higher education going in the wrong direction, Republicans and Democrats are divisive on the reasons why. According to a new Pew Research Center survey, almost three-quarters (73 percent) of Republicans and those leaning to the Republican Party, disclosed that higher education is moving in the wrong direction, while it’s [&h

Posted in: National News, Student Loan News,
08
Aug
Study Shows the Worst States for Payday Loan Borrowers

Payday loans often carry interest charges 20 times greater than the average credit card, but it hasn’t stopped Americans from using them. And depending on the state, some will charge you more interest than others. The national average annual percentage rate is almost 400%, according to a study by CreditCards.com. This compares to July’s 16.95% figure for [&he

Posted in: Personal Loan News,
07
Aug
New Chase Southwest Priority Card Offers 65K-Point Sign-Up Bonus

For frequent fliers in search of a new travel credit card, a new co-branded Southwest credit card with Chase offers a tempting sign-up bonus. In July, the companies announced the launch of their rewards credit card, Southwest Rapid Rewards Priority Card. Featuring numerous traveler benefits and perks, a limited introductory offer includes a 65,000-point sign-up b

Posted in: Credit Card News,
06
Aug
LeBron James’ New School Offers Kids a Future College Education and More

Many consider him the NBA’s GOAT, but one day LeBron James could be known as one of education’s GOATs. On July 30, James opened his Akron, Ohio-based I Promise School. The non-charter public school, similar to one James attended, will enroll 240 third- and fourth-grade at-risk children. The school plans to grow enrollment to over […]

Posted in: Regional News, Student Loan News,
31
Jul
Students Who Need Financial Aid the Most Forgo the FAFSA, Report Finds

Many students are missing out on money for college, a recent study showed. For the Free Application for Federal Student Aid (FAFSA), the June 30 final deadline is past, and many students who are eligible for aid did not complete it, according to the Brooking Institution’s data. The current nationwide FAFSA completion rate is 61 percent […]

Posted in: National News, Student Loan News,
30
Jul
Colleges Ask for Future Shares of Income Instead of Tuition

Instead of requiring students to pay up front for tuition, some colleges are asking for a percentage of their future salaries. The arrangement is intended to help students avoid going into debt to pay for college. Norwich University in Vermont recently announced it has joined the ranks of schools offering Income Share Agreements (ISA), the Associated Press [&hell

Posted in: National News, Student Loan News,
27
Jul
Mastercard’s New Patent Would Allow Users to Purchase With Bitcoin

Mastercard was awarded a patent on July 17 for a method that would allow cardholders to make purchases on their cards using Bitcoin. The news came through a U.S. Patent and Trademark Office document, which cited the card issuer’s rationale for its decision and digital currency concerns. The document noted blockchain currencies’ “increased usage” b

Posted in: Credit Card News,