Posts Tagged With ‘ Education ’

Going back to school in midlife can be daunting, but it can also be your ticket to an encore career. The post What it’s like to go back to school in midlife appeared first on – Viva Fifty!. Originally Published on https://www.vivafifty.com/ Continue Reading

If someone tells you that you need to pay to sign up for government student loan debt relief program, run away as fast as you can. Scammers want to hook you and fill their pockets with your money, while their “advice” may make your student loan problems worse. The Federal Trade Commission offers the following tips for how to spot scam companies that charge illegal upfront fees for so-called help with your student loans: The first thing is to be informed. Be aware you don’t have to pay for help managing your student loans. If someone tries to charge you up front, before they’ve done anything,... Continue Reading

A mother gave her 10-year-old a math test today. He spent nearly an hour and used four sheets of scratch paper. He worked on each problem with intense concentration. And then, with a deep breath, he handed it to her to be graded. She quickly worked my way through the test and calculated his score. “It’s an 89,” she said, “that’s a high B.” Immediately, his eyes filled with tears. He had done his best work, given his greatest effort, and had still come up short. She looked at my boy and back down at his paper. And then ripped it in half. Here is what she said: I am more concerned with... Continue Reading

More than 804,000 borrowers will have $39 billion in federal student loans discharged in the coming weeks, the U.S. Department of Education announced Friday. The discharges are fixes to ensure borrowers have an accurate count of monthly payments that qualify toward forgiveness under income-driven repayment plans. These fixes are part of the department’s actions to address failures in the administration of the federal student loan program in which payments made under IDR plans weren’t accounted for. Borrowers are eligible for forgiveness if they’ve had either 20 or 25 years of qualifying... Continue Reading

Graduations are coming up and many parents and students are thinking about student debt, which totals $1.63 trillion in the United States. Student loan debt is about $37,600 per borrower. “In the short term, students are not overly optimistic about their financial situation, as 88 percent are concerned about the economy and 80 percent are worried about inflation,” said Jill Gonzalez, an analyst for WalletHub, a personal finance website. “Inflation has taken a heavy financial toll on the country, and has made higher education less affordable.” However, students do think that going to college... Continue Reading

Paying off student loans is a big job, especially since it usually takes most people years to achieve it. Consumers need to beware of debt relief companies that promise quick loan forgiveness. Scammers claim they’ll help you, for a fee, but their schemes often leave you deeper in debt. The Federal Trade Commission has stopped two student loan debt relief schemes that it said bilked students out of about $12 million by using deceptive claims about repayment programs and loan forgiveness that didn’t exist. “As Americans struggle with massive student loan debt and uncertainty around the... Continue Reading

Today’s my birthday. Yes, I do get a lot of “May the Fourth be with you” comments. I just shrug it off that my birthday, to some, is an unofficial Star Wars holiday. Since I’m an older adult, I’m thinking a lot today about friends and relatives that I’ve celebrated birthdays with in the past who are gone. My favorite birthdays? One definitely was a surprise birthday party I had when I was 14. I thought I might be having a surprise party because neither of my good friends, Verneta Harris or Betty Holmes, gave me a present during the day when we were at school. They usually did. So,... Continue Reading

Earth Day is a good reminder of what to do every day and throughout the year for the health of the planet. I spend a lot of time on it. I know many people do, too. The theme for this year’s Earth Day is Invest in Our Planet. What Americans are doing for planet health Three-quarters of Americans say that they’re particularly concerned with helping the environment as they go about their daily lives, while 24 percent say they aren’t particularly concerned, according to a Pew Research Center survey. However, only one-in-five say they try to live in ways that help the environment “all the... Continue Reading

One of the best consumer actions in recent years is the creation of the Consumer Financial Protection Bureau in 2011. Established after the Great Recession of 2007-08 to set up one federal agency to help consumers with their financial issues, the CFPB has made great strides in improving the position of consumers in the marketplace. Previously, seven different federal agencies were responsible for consumer financial protection, but none viewed consumer financial protection as their top priority. Examples of how the CFPB has benefitted consumers are it recouped about $16 billion for consumers,... Continue Reading

The theme for International Women’s Day this year is “DigitALL: Innovation and Technology for Gender Equality,” because 37 percent of women don’t use the internet and 259 million fewer woman have access to the internet than men. If women aren’t able to access the Internet and don’t feel safe online, they’re unable to develop the necessary digital skills to engage in digital spaces, which diminishes their opportunities to pursue careers in science, technology, engineering, and mathematics or STEM related fields, according to the United Nations website. The purpose of International... Continue Reading