For the first time, the state’s graduating high school students must demonstrate a basic understanding in 14 areas of …
Borrowing
It’s Time to Forgive the Big Banks
Consumers still blame big banks for many of their economic woes. But it’s time to move on.
Car Loans Are Unbelievably Cheap Right Now
2014 is predicted to be a big year for car sales, and the cost of financing one is dirt-cheap right now.
Here’s Why You’re Going to Pay More to Borrow Money
Unless you’re into monetary policy, you could be forgiven for mostly overlooking all the discussion about the Federal Reserve’s “taper,” the term given to what will inevitably be a drawn-out process of scaling back the …
Why Mortgages Will Soon Be More Expensive
Homebuyers are in a sudden headwind of rising home prices, mortgage rates and lending limits.
This Incredibly Common Practice Could Tank Your Credit
Revolve a balance on your credit cards? It’s something many of us do, especially as the holiday shopping season kicks into high gear. But consider yourself warned: It could also be viewed as a red flag by lenders, especially if …
Be Happy Larry Summers Sits on the Board of Lending Club
For much of the summer, Washington’s policy elite have been focused on the question of who will become the next chairman of the Federal Reserve. One of the most powerful positions in the federal government, the role of Fed chair …
Congress Nears Deal on Student Loan Rates. Spoiler Alert: They’re Going Up
The Senate hammered out an agreement last week to keep rates on some new student loans from doubling. It’s welcome progress, but the compromise guarantees that rates will go up in the future.
Oregon’s ‘Pay It Forward’ Program: Imagine College with No Tuition, No Loans, No Debt
In Oregon, a proposed pilot program would allow students to attend state college tuition-free. The catch? Instead of taking out loans and piling up debt, students agree to pay the state back a small portion of their income over the course of a couple decades.
Why Saving Money and Cutting Debt Doesn’t Cut It Anymore
Consumer savings are up, and credit card debt is down. But experts say the economic current is running against us, so even those who think they are swimming are probably just treading water.
Dorm, Shmorm: Meet the Guy Who Lived in a Van for Two Years During Grad School
Many grad school students are poor, and pride themselves on living frugally while working on their degrees. One post-graduate student—and now, the author of a new book—took cheap living to the extreme, living in a van while …
A Financial Cloud Over Wedding Season: How to Pop the (Money) Question
A week into wedding season, many betrotheds haven’t a clue about their soulmate’s finances. Here’s how to pop the money question.