Filed under: College
The College Board released its annual report on tuition for the 2008-2009 school year and, no big surprise, it’s getting worse.
According to the Associated Press, “Average tuition at four-year public colleges in the U.S. climbed 6.5 percent, or $429, to $7,020 this fall as schools apologetically passed on much of their own financial problems, according to an annual report from the College Board, released Tuesday. At private colleges, tuition rose 4.4 percent, or $1,096, to $26,273.”
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Filed under: Banks, Food, Banking-checking-account, Banking-savings-account
It might be the ultimate early-morning eye-opener: imagine stopping in Dunkin’ Donuts for a morning coffee and opening a checking account at the same time.
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Filed under: Budgets, Retire, Health, Relationships, Special Reports
Medical journal The Lancet reported a story that’s been widely covered by major news outlets: According to The Lancet, more than half of all babies born in the U.S. (and other industrialized countries) since 2000 will live to be 100 years old.
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Filed under: Banks
Add another unintended consequence to the list of problems with the bank bailouts: It’s making it harder for smaller institutions to compete.
FDIC chief Sheila Bair told the USA Today that “It’s become explicit when it was implicit before. It creates competitive disparities between large and small institutions, because everybody knows small institutions can fail. So it’s more expensive for them to raise capital and secure funding.”
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Filed under: Budgets, Debt, Entrepreneurship, Food, Career, Health, Credit cards
Since the recession began, we’ve all been tightening our belts, but only metaphorically. As our finances have grown leaner, Americans’ bellies continue to
grow larger. Therefore, the question of how to increase net worth while decreasing net girth has been on my mind for a while — like about 20 years.
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Filed under: Insurance, Kids and Money, Health, Insurance-health
Health insurance companies, it appears, are uncannily skilled at creating cute, sweet poster children… for the other side of the health reform debate. Just two weeks ago, Colorado insurer, Rocky Mountain Health Plans denied health coverage of four-month-old Alex Lange because, by growth chart standards, Alex is obese.
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Filed under: Banks
Earlier today, Senators Chris Dodd, Jack Reed, Charles Schumer and Sherrod Brown unveiled a long awaited bill that will, if enacted, make it harder for banks to lob overdraft fees at their customers.
If the Fairness and Accountability in Receiving (FAIR) Overdraft Coverage act passes, it will do many things, including:
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Filed under: Banks
Several banks came out this week with the news that their earnings are extremely robust. Recession? What recession? In fact, part of the reason the Dow recently topped 10,000 is credited to how the nation’s banks have been doing.
If you want to keep score, here’s how some of the nation’s biggest banks are faring:
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Filed under: Banks, Budgets, Technology
Online personal finance tools have come a long way in the past several years. These tools, which allow you to breakdown how you spend your money, identify wasteful spending and save toward specific goals, have typically come from smaller startups rather than traditional banks and big companies. But that’s changing.
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Filed under: Credit, Debt, Credit cards
The Federal Reserve proposed 841 pages of rules designed to protect consumers from costly credit card practices. These proposed rules, if adopted, will take effect in February and represent the second stage of the Federal Reserve’s implementation of the Credit CARD Act signed into law by President Obama in May.
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