As enrollment deadlines for colleges across the country swiftly approach, an alarming trend emerges. A significant number of students have yet to determine how they will finance their college education for the upcoming academic year. The rollout of the new Free Application for Federal Student Aid (FAFSA) has been fraught with challenges, causing delays in
Personal
National Park Week is a nine-day event that runs from April 20 to April 28, where visitors will get free admission to national parks. This initiative is a part of the celebration to commemorate the start of National Park Week. The National Park Service, which oversees 429 park sites in the U.S., offers free entrance
Financial experts are predicting that the annual rate for Series I bonds could drop below 5% in the upcoming month of May. This anticipated decline would be a decrease from the current 5.27% interest rate on existing I bond purchases made prior to May 1. However, it would still be higher than the 4.3% interest
President Joe Biden and Vice President Kamala Harris recently released their annual tax returns, shedding light on their financial standing for the year 2023. The couples’ tax returns provide valuable lessons for average Americans, offering insights into income sources, tax liabilities, and potential strategies for tax optimization. Income Composition and Tax Obligations In 2023, both
The Biden administration recently unveiled a draft text of its much-anticipated student loan forgiveness proposal. This proposal has the potential to alleviate the burden of student loan debt for millions of borrowers, marking a significant step towards reforming the higher education system in the United States. Under the new plan, borrowers who are already eligible
In the realm of retirement planning, Americans are adjusting their expectations with a new target figure of $1.46 million in mind, a staggering 53% increase from just two years ago. The swelling cost of living has prompted this surge, leaving many individuals feeling the daunting pressure of achieving this monumental goal. It comes as no
As the deadline for National College Decision Day looms just two weeks ahead, many high school seniors are facing a unique challenge this year due to delays in financial aid award letters. Traditionally, students receive their financial aid packages around the same time as their offers of admission in early spring, providing them with ample
The Tax Cuts and Jobs Act of 2017 has been hailed as a savior for middle-class Americans, promising relief through various cuts and deductions. However, a closer look reveals that the reality may not be as promising as initially thought. While the provision that reduced corporate tax rates to 21% is permanent, many other tax
President Joe Biden recently unveiled his latest plan for student loan forgiveness after facing setbacks with his initial attempt. This new plan comes less than a year after the Supreme Court rejected his previous proposal, leaving many borrowers in limbo. Unlike his earlier widespread student debt relief initiative, Biden’s revised plan targets specific groups of
In today’s digital age, it is effortless to come across social media posts that showcase extreme examples of domesticity. From the #tradwives and #SAHGs on Instagram glamorizing stay-at-home life to the wives in Dubai flaunting their luxury purchases, there is a recurring theme of one partner giving permission to the other. The notion of financial
