In recent years, the promise of student loan forgiveness has been heralded as a vital lifeline for millions drowning in educational debt. Politicians across the spectrum have cast it as a compassionate gesture, a step toward economic justice. Yet, beneath this appealing narrative lies an often-overlooked financial trap—a potential avalanche of tax liabilities that can
Personal
In the current political climate, talk of ending or loosening capital gains taxes on home sales is circulating, with President Trump even hinting at such a move. While the prospect may excite homeowners dreaming of profit without tax deductions, it distracts from an uncomfortable truth: much of the control over taxes lies within individual hands.
As the new academic year approaches, families find themselves caught in an increasingly hostile economic environment that challenges their ability to provide for their children’s educational needs. Behind the cheerful scene of shopping aisles and colorful supplies lies the sobering truth: inflation and ongoing tariff disputes are quietly eroding purchasing power, making what was once
For millions of Americans, the promise of affordable health insurance has always been a fragile one, subject to political whims and legislative shifts. As 2026 approaches, this fragility becomes starkly apparent. The temporary boosts to subsidies that have made plans under the Affordable Care Act (ACA) more accessible are on the brink of expiration, risking
In the aftermath of the so-called “big beautiful bill,” it’s increasingly clear that this legislation is not the simple boon its proponents claim it to be. While on paper it appears to bolster tax cuts for many Americans—especially the middle class—the underlying complexities and unintended consequences threaten to undermine its supposed benefits. What’s often overlooked
In recent years, federal student loan borrowers have been caught in a complex web of temporary relief initiatives that promised respite but ultimately paved the way for a more burdensome financial future. The Biden administration’s touted relief measures, particularly the SAVE plan, offered a glimmer of hope—but this shining light was always destined to fade,
In an era where economic disparity is increasingly scrutinized, the recent legislative move dubbed the “big beautiful bill” by President Donald Trump offered a glimmer of hope for millions of workers. Among its many provisions, the so-called “no tax on tips” segment was heralded as a breakthrough, promising to ease the financial burden on low-wage
In recent years, the landscape of federal student loan repayment has undergone tumultuous changes that threaten to leave indebted students stranded and vulnerable. While policymakers often tout reforms as progress, recent developments suggest a troubling rollback of support mechanisms designed to protect borrowers. The demise of the SAVE plan, introduced as a groundbreaking solution to
The recent announcement of President Donald Trump’s sweeping tax and spending package, which introduces significant caps on federal student loans, presents a superficially appealing effort to curb debt. However, this policy risks doing more harm than good by fundamentally misunderstanding the nature of higher education financing and the real causes of student debt crises. While
In today’s uncertain economic landscape, a startling disconnect exists between what American workers believe they need for a comfortable retirement and what they actually possess. According to a recent survey, individuals participating in retirement plans estimate requiring approximately $1.28 million to retire comfortably. Yet, only a small percentage—about 30%—believe they will have accumulated at least