Jun
13
According to the G.19 Consumer Credit Report recently released by the Federal Reserve, America’s total student loan debt has topped $1.5 billion – and we are having trouble paying off that debt. At of the end of 2017, a whopping 11 percent of student loans were either ninety days delinquent or in default.
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May
30
Reliance on scholarships and grants is the highest in a decade, while college savings is on the decline, according to a new report from Sallie Mae.
Savings covers less than one quarter of collegiate funding for the typical family. As a result, one of the strongest educational savings programs – 529 plans – is being underutilized.
Only 13 percent of families used a 529 plan during the 2016-17 school year.
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May
16
A new government report provides both good news and bad news about America’s massive consumer debt load.
The bad news: America’s total consumer debt continues to rise.
According to May’s G.19 Consumer Credit Report from the Federal Reserve, combined (revolving and nonrevolving) outstanding debt rose by $11.7 billion in March to reach $3.875 trillion – continuing a string of monthly debt increases that goes back to January 2016.
The March increase equates to a 3.6 percent annualized debt growth.
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Apr
23
Have we bridged the gender gap when it comes to household roles, domestic duties, and career choices? Not entirely – but a new survey suggests that women are leading the way in closing the gap and preparing the next generation of men and women to continue the fight. Read More
Mar
26
By now, most people have filed their taxes. That means you likely know whether you are getting a refund or may have one already.
Tax refunds can be substantial, so figuring out what to do with that windfall can be challenging. Luckily, a refund is a chance to take some positive financial strides that can help you well into the future.
