Wealth Management

10’000 Hours | Getty Images Nearly two-thirds of the country’s outstanding student debt is held by women. Women graduate college owing $2,700 more, on average, than their male counterparts, according to the American Association of University Women. Among undergraduate students in bachelor’s degree programs in 2019-2020, 54% of men graduated with student loans, compared to 66%

Photographer, Basak Gurbuz Derman | Moment | Getty Images When it comes to investor maladies, fear of missing out, or FOMO, is the clinical term for buying a security after a meteoric price increase because you don’t want to be left behind. There is no known cure for this condition, which has been linked to

Laylabird | E+ | Getty Images Breaking up in old age can be costly, especially for women. The rate of “gray divorce” — a term that describes divorce at age 50 and older — doubled from 1990 to 2019, according to a 2022 study published in The Journals of Gerontology. It tripled for adults over

Fatcamera | E+ | Getty Images We’ve all been told that following a routine is important in many aspects of life — for physical fitness, good eating habits, solid work patterns and so on. But many experts are telling us that establishing a routine is also necessary for successful investing and building wealth. At an

South_agency | E+ | Getty Images House Republicans unveiled a plan this week that calls for raising the Social Security retirement age. Meanwhile, Democrats and advocates for the program are ramping up their calls to tax the rich to enhance benefits. “On the right, there is a line in the sand against tax increases,” said

Female firefighter putting on her protective equipment inside the fire station in response to an emergency Trevor Williams | Digitalvision | Getty Images The Biden administration’s latest student loan forgiveness announcement contained good news for more people than the 77,700 borrowers eligible for this round of aid. Starting next week, the administration said, President Joe

As problems with the new Free Application for Federal Student Aid persist into the spring, harsh words are being directed at the U.S. Department of Education. Former top student loan official Wayne Johnson accused the Education Department of “malicious negligence” in a recent letter written to U.S. Secretary of Education Miguel Cardona and other senior officials and

Maskot | Maskot | Getty Images After a year full of supply shortages and climbing borrowing costs, 2024 is shaping up to be a better time to buy a car. The average transaction price for a new car in the U.S. last month was $47,244, down 2.2% from February 2023. That’s also down 5.4% from

Urbazon | E+ | Getty Images The tax deadline is approaching and the IRS has already issued more than 43 million refunds worth nearly $135.3 billion. As of March 8, the average refund was $3,145, up from $2,972 the same week in 2023, the agency reported last week. However, the average refund could change as

Hinterhaus Productions | Digitalvision | Getty Images Inflation in the U.S. has hit a speed bump. While the rate of price increases has come down significantly from its peak in the summer of 2022, the most recent reading from the consumer price index showed overall inflation stuck at just above 3%. Core inflation — which