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Should Parents Use Retirement Savings for College?

A family earning $550,000 a year is considering using $300,000 of its $1.2 million retirement savings for a daughter’s preferred college. The case shows why parents must compare 529 funds, athletic aid, taxes, lost investment growth and retirement needs before committing. A high-earning U.S. family is weighing whether to spend about $300,000 on a daughter’s preferred college or preserve the money for retirement. The parents, age 48 with $1

Money & Investments

22 Jul 2026 10:33 AM

Should Parents Use Retirement Savings for College?

A family earning $550,000 a year is considering using $300,000 of its $1.2 million retirement savings for a daughter’s preferred college. The case shows why parents must compare 529 funds, athletic aid, taxes, lost investment growth and retirement needs before committing. A high-earning U.S. family is weighing whether to spend about $300,000 on a daughter’s preferred college or preserve the money for retirement. The parents, age 48 with $1

Money & Investments

Student Loan Forgiveness 2026: New Bill Could Cut Repayment Time

Student Loan Forgiveness Update: What’s Changing? A new student loan forgiveness bill in 2026 could significantly shorten repayment timelines for millions of Americans. The proposal would allow unemployed borrowers to count jobless months toward loan forgiveness, even when they make $0 payments. Can Unemployment Count Toward Forgiveness? Yes — under the proposed law, borrowers in income-driven repayment (

US News

04 May 2026 15:51 PM

Student Loan Forgiveness 2026: New Bill Could Cut Repayment Time

Student Loan Forgiveness Update: What’s Changing? A new student loan forgiveness bill in 2026 could significantly shorten repayment timelines for millions of Americans. The proposal would allow unemployed borrowers to count jobless months toward loan forgiveness, even when they make $0 payments. Can Unemployment Count Toward Forgiveness? Yes — under the proposed law, borrowers in income-driven repayment (

US News

Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement

Millions of student loan borrowers in the United States are once again eligible for debt forgiveness following the reinstatement of two major federal repayment programs. The Department of Education has announced that it will resume canceling the debts of qualified borrowers enrolled in the Income Contingent Repayment (ICR) and Pay As You Earn (PAYE) plans. This decision restores a critical form of relief for many borrowers who rely on income-driven repayment systems to manage their student loan

Finance & Economics

27 Oct 2025 13:44 PM

Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement

Millions of student loan borrowers in the United States are once again eligible for debt forgiveness following the reinstatement of two major federal repayment programs. The Department of Education has announced that it will resume canceling the debts of qualified borrowers enrolled in the Income Contingent Repayment (ICR) and Pay As You Earn (PAYE) plans. This decision restores a critical form of relief for many borrowers who rely on income-driven repayment systems to manage their student loan

Finance & Economics

Maryland residents urged to apply for student loan debt relief credit now

Maryland residents carrying significant student loan balances have an opportunity to ease some of their financial burden through the state’s student loan debt relief tax credit. The program, which has helped thousands of taxpayers since its launch, offers direct support for individuals who owe at least $20,000 in student loan debt and continue to file taxes in the state. The deadline to submit an application for this year’s credit is September 15, leaving borrowers only a short wi

Finance & Economics

09 Sep 2025 11:21 AM

Maryland residents urged to apply for student loan debt relief credit now

Maryland residents carrying significant student loan balances have an opportunity to ease some of their financial burden through the state’s student loan debt relief tax credit. The program, which has helped thousands of taxpayers since its launch, offers direct support for individuals who owe at least $20,000 in student loan debt and continue to file taxes in the state. The deadline to submit an application for this year’s credit is September 15, leaving borrowers only a short wi

Finance & Economics

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#studentdebt

Should Parents Use Retirement Savings for College?

Should Parents Use Retirement Savings for College?

Student Loan Forgiveness 2026: New Bill Could Cut Repayment Time

Student Loan Forgiveness 2026: New Bill Could Cut Repayment Time

Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement

Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement

Maryland residents urged to apply for student loan debt relief credit now

Maryland residents urged to apply for student loan debt relief credit now

Skincare Routines

Keurig recalls over 80,000 decaf coffee pods that may contain caffeine

Donald Trump Mocks Justin Trudeau, Suggests Making Canada the 51st U.S. State

Trump claims Iran in ‘state of collapse’ amid ongoing regional conflict

The Intersection of Artificial Intelligence and Investing

Anti-Israel Protest in New York Linked to Deadly Attack in New Orleans

Illinois Becomes Focal Point in Texas Democrats Fight Against Gerrymandering

Edinburgh attack raises UK hate crime concerns

Indian embassy issues 48-hour advisory in Iran as Trump deadline nears

Broad Peak Avalanche Rescue: Four Bodies Found, Six Missing

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Skincare Routines

Keurig recalls over 80,000 decaf coffee pods that may contain caffeine

Donald Trump Mocks Justin Trudeau, Suggests Making Canada the 51st U.S. State

Trump claims Iran in ‘state of collapse’ amid ongoing regional conflict

The Intersection of Artificial Intelligence and Investing

Anti-Israel Protest in New York Linked to Deadly Attack in New Orleans

Illinois Becomes Focal Point in Texas Democrats Fight Against Gerrymandering

Edinburgh attack raises UK hate crime concerns

Indian embassy issues 48-hour advisory in Iran as Trump deadline nears

Broad Peak Avalanche Rescue: Four Bodies Found, Six Missing

#studentdebt

Should Parents Use Retirement Savings for College?

Should Parents Use Retirement Savings for College?

Student Loan Forgiveness 2026: New Bill Could Cut Repayment Time

Student Loan Forgiveness 2026: New Bill Could Cut Repayment Time

Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement

Student loan forgiveness resumes under ICR and PAYE repayment plans after new agreement

Maryland residents urged to apply for student loan debt relief credit now

Maryland residents urged to apply for student loan debt relief credit now

Skincare Routines

Keurig recalls over 80,000 decaf coffee pods that may contain caffeine

Donald Trump Mocks Justin Trudeau, Suggests Making Canada the 51st U.S. State

Trump claims Iran in ‘state of collapse’ amid ongoing regional conflict

The Intersection of Artificial Intelligence and Investing

Anti-Israel Protest in New York Linked to Deadly Attack in New Orleans

Illinois Becomes Focal Point in Texas Democrats Fight Against Gerrymandering

Edinburgh attack raises UK hate crime concerns

Indian embassy issues 48-hour advisory in Iran as Trump deadline nears

Broad Peak Avalanche Rescue: Four Bodies Found, Six Missing

Popular Cities