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There are no easy solutions to help solve the student loan debt issue/crisis right away. It will likely take a complete overhaul of some public policies, increased federal and state funding policies, financial reforms in the education system, a change in the public’s attitude toward higher education, ethical financial decision-making, a solid foundation in financial […]

A student loan is an investment in a person’s future. Making wise financial selections for student loans requires, as with any investment, having a solid understanding of your available options. Making wise financial decisions for you and your family is essential, since your decisions can have several implications and long-term effects throughout life. Choosing the

Impact of Student Loan Debt on Families The $1.7 trillion student loan debt problem affects all generations equally – it is not just a millennial or Gen Z problem. Not only high school kids who are just beginning to build their lives have been negatively impacted by the debt, but also parents or grandparents who

Ideally, student loans should enable borrowers to pay for college, graduate, find a job with a higher salary, and repay the loan. However, this is less and less the case because of financial policies, profit-driven financial institutions, the education system, and income gaps, which have created a frustrating, unsustainable, and unmanageable educational financial situation that

Every year, many high school students must make a life-changing decision: should they pursue a four-year degree at a university? It should not have to be financially stressful and dreadful to be able to pursue higher education, but due to financial constraints, many students are unable to attend their desired school. Higher education comes at

In the US, an unauthorized immigrant is defined as a foreign-born person who does not possess a valid visa or any other legal immigration documentation, because they entered the US without inspection, stayed longer than their temporary visa permitted, or otherwise violated the terms under which they were admitted. As per the Center of Immigration

In the US, the gap between the rich and the poor has grown at a faster rate than in any other country. According to a study by Oxfam, since 2019, the top 1% captured 95% of the economic growth in the US, while 70% of Americans became poorer. The Federal Reserve Bank of Minneapolis believes

An Oxfam report found that the world has 2,153 billionaires, who have more wealth together ($10.2 trillion) than that of 4.6 billion other people combined, or in other words – 2,153 billionaires are wealthier than 60% of the Earth’s entire population. And this gap is only increasing – during the first 6 months of the

Inflation is a (usually negative) economic condition that significantly affects the economic life/well-being of the average person. Inflation causes currency/money to be worth less than previously, meaning a decrease in consumers’ purchasing power. As a result, people need to earn more money in order to maintain the same standard of living. For example, a person

What is inflation? Inflation is a quantitative measure of the increase in the price of goods and services in an economy. Inflation is caused by an increase in demand of goods and services, which outpaces the supply. This high demand for goods and services creates a decrease in its availability (shortages), and is most often