'Be Richer' By Learning From Parents' Mistakes

Some couples are just made of money. (mikemilton)

(afagen)

(Phil Jones)

(afagen)

After watching his parents struggle with their finances growing up, 23-year-old Zac Bissonnette has learned a great deal about how not to manage his money.

On the heels of President Obama’s signing of a measure keeping federally subsidized student loans at a relatively low rate through 2015, Rolling Stone's Matt Taibbi exposes how the high price of U.S. college tuition and the federal expansion of student debt to pay for it pose a major threat to the economy. In his new article, Taibbi writes: "The dirty secret of American higher education is that student-loan interest rates are almost irrelevant.

A recent report by the New York Federal Reserve Bank shed a sobering light on how much debt Americans will carry with them into the new year.