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Personal Finance
Are 529s so 1999?
Tax-advantaged college savings plans are not the only way to save for higher education.
The 'good news is they will be regulated,' Harvard fellow says of watchdog crackdown on 'buy now, pay later' lenders
"Buy now, pay later" lenders will be subject to more regulatory oversight going forward, which is '"good news," Harvard researcher says.
EconExtra: Is the Housing Market in a Recession? - Blog
Wharton professor Fernando Ferreira explained that he doesn’t think the housing market is in a recession in a recent Knowledge@Wharton article. So what story can we tell from the data we are seeing? EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons The Headlines Mortgage rates just surpassed 6%--double the rate from a year ago, and demand for mortgages has dropped 29% from last year (NYT). New home sales were down 30% year-over-year in July (CNN).
ETFs that track stock trades of US Congress members planned
A pair of exchange-traded funds, or ETFs, that would mirror the personal portfolios of members of Congress may be coming soon.
8 Types of Insurance You Can't Go Without
With so many types of insurance to choose from, it's hard to know what you need and what you don't. Learn the basics about different kinds of insurance.
Auto Insurance 2022 Rate Increases and Predictions | Bankrate
Car insurance rates are rising. How much more can you expect to pay?
Average credit card interest rates: August 31, 2022 | CreditCards.com
Average card APR climbs again as more lenders adjust to Fed's half-point rate hike.
Not all Mandates are Created Equal: a 2022 Legislative Recap
In the most recent legislative session, 117 bills were proposed that tied to the issue of financial education. Our policy and advocacy team has been tracking the progress of these bills, and provides an analysis of their strengths and possible challenges.
Freezing Your Kid's Credit: How, and Why It's Worth The Hassle
The reason to take time to freeze your kid’s credit is the same reason you childproof your house when they’re babies: to protect them. Children are about
Significant YOY Increase in Americans with Less than 1 Month of Emergency Funds Available - New Survey Data
/PRNewswire/ -- If a disaster suddenly struck – a hurricane, another pandemic, or deepening of the current economic crisis, for example – how well would you be...
PISA 2018 Released Financial Literacy Items
Sources (with Answer Keys): PISA 2018 Released Financial Literacy Items (first 15 questions) and OECD PISA 2018 Financial Literacy Framework (last 4 questions) Compiled by NGPF [Thanks to Brian Page for pointing out this resource] Q1-Q3: Q4-Q5: Q6-Q7 ...
Analysis | The most-regretted (and lowest-paying) college majors
Humanities disciplines are among the most regretted majors and are declining in popularity. Meanwhile, STEM fields have doubled enrollment in the last decade.
An economist studied popular finance tips. Some might be leading you astray
A Yale professor of finance read through 50 popular finance books to see how they square with traditional economic theory.
Your Career Is Just One-Eighth of Your Life
Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math
The True Cost of ‘Buy Now, Pay Later’
Americans are increasingly turning to pay-later services for groceries and other everyday essentials. And there are signs that the practice is putting some in deep debt.
2022 Buy Now, Pay Later Statistics | Bankrate
As buy now, pay later options have increased over the last few years, more people are using these to finance purchases.
Your old office cubicle could soon be turned into an overpriced apartment
Commercial real estate is struggling (and this is why it matters to you).
Midtown Office-to-Apartment Conversion Concept Gains Hochul and Adams Support
This article was originally published on Mar 7 at 8:39pm EST by THE CITY Worried that the pandemic has made too many Manhattan office buildings obsolete, real estate interests have convinced Mayor Eric Adams and Gov. Kathy Hochul to join an effort to ease conversions to residential use south of 60th Street. The push to convert office space into apartments…
Get your free score and more - Credit Karma
Credit Karma's Credit Score Simulator will help explain why and how certain actions change your credit score. Use the Credit Score Simulator to see what could happen if you increase your limit or close a credit card.
The average student loan debt across the US: Here are the top 10 states where borrowers will benefit most from Biden’s loan forgiveness – Fortune
Borrowers in Maryland carry an average student loan balance of $43,619.
How Long Does It Take to Repay a Student Loan?
College graduates worry that they will be stuck repaying their student loans for decades, even during retirement. The amount of time it takes to repay a student loan in full depends on the type of loan, the amount borrowed, the interest rate and the repayment plan the borrower selects, as well as the use of deferments and forbearances. Borrowers typically take no more than 16-19 years to repay their federal student loans.
Home Ownership Affordability Monitor
Business economists and analysts, check out our new interactive home affordability tool.
Explainer: How Biden's student loan forgiveness will impact U.S. consumers
President Joe Biden announced on Wednesday a long-awaited plan to cancel billions of dollars in student debt, making good on a campaign promise to aid debt-strapped younger Americans even as some Republicans argue the move could worsen inflation.
The Labor Market for Recent College Graduates - FEDERAL RESERVE BANK of NEW YORK
Data on employment outcomes for new graduates and young workers
‘Hidden in plain sight’: A nostalgic look back at Chicago’s Sears kit homes, hundreds of which still stand
Many Sears kit homes, which were ordered from a catalog and built by the homeowner in the early 1900s, remain standing throughout Chicagoland, evoking a sense of nostalgia for better times in the department store’s history.
Student loan forgiveness could help more than 40 million
WASHINGTON (AP) — More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.
Modules: Helping clients monitor and improve their credit reports and scores
In four short modules, see how you can teach adults about effectively monitoring, managing, and improving their credit reports and scores.
Why Using Your Credit Card Is Getting More Expensive | WSJ
Every time you pay with your credit card, it costs the store a small percentage in fees: usually around 3%. And in 2022, Visa and Mastercard raised those cre...
Only 14% of Consumers with Federal Student Loans on Pause Can Afford Payments, ScoreSense Survey Finds 62% of survey respondents say they are delaying major life purchases
/PRNewswire/ -- A survey of consumers with federal student loans on pause, which went into effect during the COVID-19 pandemic, reveals that only 14% of...