As enrollment deadlines loom, an alarming trend has emerged – fewer students have been able to determine how they will finance their college education for the upcoming year. The introduction of the new Free Application for Federal Student Aid has not been without its challenges. Many students have faced delays in receiving financial aid award
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Every year, visitors to national parks across the United States are treated to free admission on April 20 as the federal government waives entrance fees to celebrate the start of National Park Week. This special week runs for nine days, from April 20 to April 28, allowing people to explore the beauty and wonder of
Series I bonds are a type of savings bond offered by the U.S. Department of the Treasury that are designed to protect investors against inflation. These bonds have a variable interest rate based on inflation data and a fixed rate that remains the same throughout the life of the bond. The annual rate for Series
President Joe Biden and Vice President Kamala Harris recently released their annual tax returns, showcasing important lessons for average Americans. President Biden and First Lady Jill Biden reported a joint adjusted gross income of $619,976 for the year 2023, reflecting a 7% increase from the previous year. They paid $146,629 in federal income taxes, with
The Biden administration recently unveiled a new draft text of its student loan forgiveness proposal, which aims to provide relief to millions of borrowers burdened by student debt. This proposal marks a significant step towards addressing the challenges in the higher education system and fulfilling the administration’s promises. One of the crucial aspects of the
When it comes to retirement planning, many Americans have a specific figure in mind – $1.46 million. This number has been steadily increasing, reflecting the rising cost of living in recent years. While having a target number may seem like a good starting point, experts caution against placing too much emphasis on this figure. According
The college admission cycle has proven to be exceptionally challenging for students this year. With National College Decision Day fast approaching, many students are still in the dark about their financial situation due to ongoing issues with the Free Application for Federal Student Aid (FAFSA). This lack of clarity is putting immense pressure on high
The Tax Cuts and Jobs Act of 2017 was heralded as a relief for middle-class Americans, but the reality may not be as rosy as it seems. While there were temporary federal tax cuts that provided some savings initially, there are hidden costs that may mitigate these benefits. Property taxes, for example, make up a
President Joe Biden recently unveiled his new student loan forgiveness plan, which comes as a second attempt after his initial effort was struck down by the Supreme Court. During an event in Wisconsin, Biden highlighted the growing burden faced by working- and middle-class individuals in repaying their student loans. Unlike his previous $400 billion loan
In the age of social media, we are exposed to various trends and lifestyles, including the rise of #tradwives and #SAHGs who portray extreme domesticity and extravagant spending habits. These portrayals often highlight a common theme – the concept of “permission.” Whether it is receiving an “allowance” from a partner or being limited in financial