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In a striking announcement, President Trump declared that the Small Business Administration (SBA) will handle the nation’s federal student loan portfolio, a shift that could carry dire consequences for millions of borrowers. This move not only raises eyebrows but also ignites debates about whether the SBA is equipped to manage such a colossal and complex

In a deeply unsettling turn of events, a federal judge, Ellen Lipton Hollander, has halted the Trump administration’s Department of Government Efficiency (DOGE) from probing personal information at the Social Security Administration (SSA). This judicial intervention is more than just a legal maneuver; it highlights the dysfunction lurking in the heart of a system responsible

When President Donald Trump announced his intention to sign an executive order that would strip the U.S. Department of Education of its essential functions, the implications were profound and unsettling. With a move that seems more suited for a hostile takeover rather than a thoughtful governance strategy, the future of the department’s critical $1.6 trillion

In a bold move, the American Federation of Teachers (AFT) is taking the U.S. Department of Education to court, challenging recent regulatory changes that have severely restricted access to income-driven repayment plans (IDR). This lawsuit highlights a critical issue: the systematic dismantling of vital support for student loan borrowers under the Trump administration. The actions

In a surprising twist within the academic landscape, Harvard University has stepped into the limelight, proclaiming that undergraduate tuition will be free for students hailing from families with incomes of $200,000 or less starting in the 2025-26 academic year. This groundbreaking announcement positions Harvard among a select group of Ivy League and “Ivy Plus” institutions

Death is undeniably one of life’s most devastating experiences, and losing a spouse is an emotional upheaval that can send one spiraling into despair. However, the grief doesn’t stop when the funeral ends. Surviving spouses often find themselves navigating a complex and harsh world of financial repercussions—the infamous survivor’s penalty. This phenomenon is not just

In a world where job security is increasingly elusive, the burden of student loan debt becomes a haunting specter for millions of Americans. With over 40 million borrowers grappling with a staggering $1.6 trillion in outstanding student loans, the recent spate of job cuts adds another layer of urgency to the already dire situation. For

In the modern world where digital transactions reign supreme, the urge to bury cash in the depths of your home may seem quaint, but it’s an alarming trend that begs scrutiny. Recent research points out that the average American has approximately $544 in cash and valuables stored at home. While stashing cash for emergencies may

When it comes to securing our financial future, many individuals gravitate towards pre-tax retirement savings options like 401(k) plans and traditional IRAs, often overlooking the lurking complexities of future tax implications. It’s important to consider that while pre-tax contributions can reduce your taxable income today, they also transform your nest egg into a future tax

In an alarming twist of fate, consumers lost a staggering $5.7 billion to investment scams in 2024, marking a 24% increase compared to the previous year, as reported by the Federal Trade Commission (FTC). This figure eclipses all other types of fraud, illuminating a pressing concern that extends far beyond mere statistics. The raw numbers