The recent executive order signed by President Donald Trump to restrict eligibility for the Public Service Loan Forgiveness (PSLF) program raises pressing ethical questions that directly affect the lives of countless individuals committed to serving public interests. Although the initial premise of PSLF was to promote altruism and selflessness in service-oriented fields, this new order
Personal
Consumer debt in the United States is nothing short of alarming, currently standing at a staggering $5 trillion. As reported by the Federal Reserve, this figure has seen minor fluctuations recently—slightly increasing from the previous month but revealing a more significant downturn of 0.6% from last year. Those numbers may seem fluctuating enough to cause
As the House Republicans push for drastic budget cuts, one of the prime victims appears to be Medicaid, according to the recent report from the Congressional Budget Office. With a proposed $880 billion in spending reductions on the table, it’s evident that lawmakers see this program — a lifeline for many low-income Americans — as
Many investors mistakenly assume their pre-tax retirement accounts are a golden ticket to a secure future. While contributing to a pre-tax 401(k) or traditional IRA does lower your taxable income today, it postpones a tax liability that will inevitably rear its head when you start withdrawing funds. This all-too-common oversight can easily become a costly
In the landscape of American taxation, Social Security remains a cornerstone intended to provide stability for retirees and disabled workers alike. However, inherent structural flaws compromise its purpose. Most workers diligently contribute a 6.2% payroll tax, a rate matched by their employers, until they hit a cap on taxable earnings, which for 2025 stands at
In the sprawling landscape of America’s higher education financing system, a storm is brewing as the political landscape continues to wreak havoc on the lives of millions of student loan borrowers. With approximately 42 million citizens carrying the substantial burden of student debt, this issue is not merely a statistic—it’s a deeply human crisis. As
The landscape of wealth in the United States has shifted dramatically, and 2024 has marked a year of stark revelations. The latest Wealth Report from Knight Frank highlights a disconcerting trend: the U.S. houses nearly 40% of the world’s multimillionaires—those with assets exceeding $10 million. This figure is alarmingly close to doubling that of China,
When Donald Trump ascended to the presidency, he promised brave reforms aimed at enhancing American prosperity. Recently, his announcement regarding steep tariffs aimed at Canada and Mexico raised brows, not just for their economic implications but for their blatant contradiction to his mantra of “making America affordable again.” The image of tariffs as a tool
The perception of higher education’s premier institutions is experiencing a significant transformation, with the Massachusetts Institute of Technology (MIT) overtaking Harvard University as the most desired college for prospective students. This shift encapsulates not only a change in opinion regarding individual institutions but also reflects broader societal concerns, including financial burdens and the relevance of
The Social Security Administration (SSA) recently announced it would be cutting 7,000 jobs—an action driven by the Trump administration’s broader agenda to shrink federal expenditure. While the agency clarified that the initial rumors predicting a colossal 50% workforce reduction were incorrect, the impacts of the impending 12% reduction could be profound, not only for SSA