Personal Finance

RichLegg | E+ | Getty Images Racial and economic inequities have long existed in America’s school systems, and it’s about to get worse, experts warn. With coronavirus cases still high around the country, half of U.S. elementary and high school students will attend school only virtually this fall, according to a study by Burbio, which
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Kilito Chan | Moment | Getty Images It’s an annual part of the college process. Every year, families fill out the Free Application for Federal Student Aid, or FAFSA. It’s a financial scan that determines a student’s eligibility for government money (federal and state) to help pay college costs. FAFSA takes your financial info and calculates
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President Donald Trump signs executive orders extending coronavirus economic relief in Bedminster, New Jersey, on Aug. 8. JIM WATSON | AFP | Getty Images Trump’s executive order has already been called unconstitutional, and higher-education expert Mark Kantrowitz said he believes the president doesn’t have the legal authority to implement a payment pause and interest waiver
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Many Americans are struggling to meet their credit card mills during the pandemic. zenstock | iStock | Getty Images Amid one of the worst downturns in U.S. history, nearly 80% of credit card holders say they’re worried they won’t be able to continue making even the minimum payments on their debt.  The figure comes from
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“I’m on Indeed every single day, looking for jobs,” Lafauci, 36, said. “There’s nothing.” Source: Sarah Lafauci It’s now been over a week since tens of millions of Americans have stopped receiving the $600 federal unemployment boost.  Negotiations between Republicans and Democrats over what to replace those payments with have turned into an increasingly protracted and bitter
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Alistair Berg | Getty Images College students can now receive unemployment benefits, provided they can prove they had paid work last year. The reason is the CARES Act, which became law in March and made assistance for unemployment more widely available through Pandemic Unemployment Assistance. This is a separate program from a state’s traditional unemployment
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Getty Images Some Americans who qualified for stimulus checks received an unwelcome surprise when the $500 payments for their children under 17 were not included. Starting today, the U.S. government plans to send out the missing cash. That applies to those individuals and couples who are not required to file a tax return and used
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For some Medicare beneficiaries, the pandemic means worrying about more than just their increased health risk from Covid-19. It also raises the specter of large, unexpected medical expenses. Medicare, the government health insurance program that you generally qualify for at age 65, comes with costs that can surprise beneficiaries. And as the pandemic continues rumbling
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Getty Images If you’re like many Americans, the Covid-19 pandemic has prompted a financial reality check: You haven’t saved enough. A recent Bankrate survey found that 55% of Americans have regrets over their emergency savings, or lack thereof. Experts agree that having an emergency fund can help you whether you face a job loss or
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U.S. President Donald Trump delivers a speech during a tour of the Double Eagle Energy Oil Rig in Midland, Texas, July 29, 2020. Carlos Barria | Reuters Both parties are now working to come to a consensus on issues where they are divided, particularly unemployment insurance. The extra $600 per week in federal unemployment benefits
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For millions of students with disabilities and special needs in U.S. public and private schools, the shift to remote learning has created an even greater host of challenges — and, in some cases, additional financial pressures for their families.  Special needs students require varied educational and support services. In this coronavirus pandemic, many families are
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Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims. John Sommers II Individuals receiving unemployment benefits this year could face a tax surprise in 2021: owing Uncle Sam or receiving smaller refunds. Some 1.43 million people filed for unemployment last week, according to the
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