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Study says students could lose $90,000 over their lifetime

Going to college immediately after high school has been a rite of passage for millions of students. Now, more college-bound students are considering a gap year amid rising coronavirus cases and concerns about the value of college instruction that may be partly or all online.

A new study out this week by SimpsonScarborough finds that 40 percent of incoming freshmen are likely or highly likely to not attend any four-year college this fall. Last week, Harvard reported that more than 20% of its first-year students are deferring enrollment.

But there could be a downside to delaying college by a year: the potential loss of $90,000 in lifetime earnings, according to a recent study from economists at the Federal Reserve Bank of New York. That might seem counter-intuitive, given that the pandemic has pushed the jobless rate higher, prompting questions from families about whether it’s the best time to make a

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  • August 14, 2020
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50 Brands With Lifetime Warranties

You might think buying products at bargain-basement prices is the best way to save money. However, the truth is that name brands are often the better bet for items you want to stand the test of time. From touted toolmakers to outdoor outfitters, many of your favorite companies offer warranties covering their wares for the span of the buyer’s lifetime — or even beyond. Before you buy, know who has the best policies.

Not only does Aldi offer tons of savings, but the low-priced grocer also impresses with its famous Twice as Nice Guarantee. If you’re not satisfied with a product, Aldi will both replace it and refund your money. Just make sure to return the packaging and any unused product to your local store manager. This guarantee does not apply to nonfood Aldi Finds items, alcohol, national brands and items being returned for reasons that are unrelated to quality.… Read More