The earnings gap between young people with and without college degrees is the widest in half a century. Recent college graduates are more likely to be employed full time and far less likely to be unemployed than high school grads. And all that debt college grads had to incur? The vast majority of college grads […]
Recent Blog Posts
Lowering college costs: What you need to know
My latest Reuters columns focus on financial aid and new opportunities for borrowers with private student loans to get some relief. One of the big complaints about private student loans is how hard it’s been to consolidate or refinance these often high-rate, variable loans. Many big lenders fled this market and those that still offered […]
Tuesday’s need-to-know money news
Today’s top story: How to tackle debt as a couple. Also in the news: Creating a personal finance statement, the pros and cons of buying pet insurance, and how to have a great first date without going broke. 6 Tips for Tackling Debt as a Couple There’s no need to go it alone. Will Your […]
Monday’s need-to-know money news
Today’s top story: Finding the best strategy to pay off your debt. Also in the news: The best way to use your tax refund, the credit scores needed in order to obtain a mortgage, and how to get rid of your bad money habits. What’s the Best Debt Payoff Strategy for You? You need to […]
How asking for aid could hurt your college chances
LOS ANGELES (Reuters) – Filling out the federal financial aid form known as the FAFSA “is one of the first and most important steps” to getting a college education, First Lady Michelle Obama told a group of parents and students attending a FAFSA workshop at a Virginia high school on Wednesday. What she didn’t mention […]
Widower may be out of inheritance
Dear Liz: My wife of 34 years died five years ago. Her father is 94. He has accumulated a large amount of wealth over the last 40 years. I always made a point of staying out of financial discussions between my father-in-law and his daughters. He told us for years that upon his death all […]