Largely as a consequence of President Donald Trump’s altering tariff insurance policies, markets have been on a rollercoaster journey since April. Though the S&P 500 has largely rebounded from final month’s lows, some households who’ve been diligently saving for future school prices should see their 529 school financial savings plan stability hasn’t absolutely recovered. For these … Read more
New school graduates in search of work now are discovering a tighter labor market than they anticipated even a couple of months in the past. The unemployment charge for current school grads reached 5.8% in March, up from 4.6% the identical time a 12 months in the past, in response to an April report from … Read more
Stephanie Phillips | Getty Photographs Extra from FA Playbook: This is a have a look at different tales affecting the monetary advisor enterprise. “Markets go up and down, however college students’ objectives stay the identical,” mentioned Chris McGee, chair of the School Financial savings Basis. 529 plan recognition has soared In 2024, the variety of 529 … Read more
Luis Alvarez | Digitalvision | Getty Pictures Scholar mortgage forgiveness could also be taxable once more The American Rescue Plan Act of 2021 made pupil mortgage forgiveness tax-free on the federal degree by the tip of 2025. Trump’s “large lovely invoice,” whereas making different particular sorts of pupil mortgage aid tax-free, didn’t prolong or make everlasting that broader provision. In … Read more
As the Trump administration overhauls the federal student loan repayment system, borrowers may soon find it difficult to keep up with their monthly payments, consumer advocates said. The SAVE, or Saving on a Valuable Education, plan, touted by the Biden administration as the most affordable repayment program ever, is now defunct. President Donald Trump’s “big … Read more
President Donald Trump’s massive tax and spending package will bring sweeping changes to federal student loans, in part by capping how much money people can borrow from the federal government to pay for college and graduate school. Among other measures, the legislation, which Trump has called “one big, beautiful bill,” sets new limits for students and their families. … Read more
For many students, majoring in finance is a proven pathway to a well-paying career and job security. In fact, U.S. graduates believe that finance offers the best career prospects overall, considering today’s economic climate, according to a new survey by the CFA Institute, a non-profit focused on financial education. The group polled more than 9,000 current … Read more
