Personal finance

College-sponsored bank accounts ding students with millions of dollars in fees each year, according to a report by the Consumer Financial Protection Bureau. The Education Department under President Donald Trump never published the analysis but advocacy groups recently obtained it through a Freedom of Information Act request. The Bureau reviewed 573 colleges across the country
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At a recent conference on financial aid, Education Secretary Betsy DeVos said that every school should help its students graduate with high-quality career prospects and little debt. Students should be equipped, she added, with information that allows them to be responsible consumers. “They need to have the best possible tools, data, advice and support,” DeVos
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As investors weather more volatility after Tuesday’s799 point drop for the Dow Jones Industrial Average, financial experts have largely stuck to one refrain: Welcome to the new normal. Concerns over tariffs and what the Federal Reserve will do will likely keep market volatility elevated, according to J.J. Kinahan, chief market strategist and managing director at
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Numerous questions are whirling because of the changes in the Tax Cuts and Jobs Act. Plenty of those queries involve misconceptions about applying the new tax rules and finding tax savings opportunities. Certified financial planner Barry Glassman, founder and president of Glassman Wealth Services, and Tom Stringfellow, CFP and president of Frost Investment Advisors, offered
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