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May 29 Is 529 Day: Answers to 529 Education Savings Plan Questions

May 29 is 529 Day — 529 education savings plans can help parents, family members or others pay for higher education. Q:  How old should my child be if I open a 529 education savings plan, and how much...

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Chart of the Week: The Plight of the Long-Term Unemployed

According to a recent study by the Brookings Institution, the share of people who have been out of work in the U.S. more than six months has declined since the Great Recession but is still above its...

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Chart of the Week: Americans Snared in the Web of Student Loan Debt

While people ages 25 to 49 hold the majority of student loan debt, loans among seniors 65 and older rose more than 500% from 2005 to 2013 ($2.8 billion to $18 billion) according to a recent report from...

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Need a College Savings Boost? Use Your Tax Refund

If you’re expecting a refund this tax year, consider using the amount to invest in your child or grandchild’s college education. Higher education costs are on the rise, and more parents and...

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Chart of the Week: Middle Class Going to College—but Not Graduating

Kids whose parents earn between $46,000 and $99,000 per year are not always graduating college, even within eight years. According to a recent study performed by the U.S. Department of Education, only...

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Chart of the Week: It’s a Millennial Takeover! Or Is It? (Part II)

The behavior of millennials as it pertains to their financial lives was examined in Part I, and this part will dive more into the demographics of the 18- to 33-year-old group. According to a Pew...

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