When President Donald Trump unveiled his so-called “big beautiful bill,” many on both sides of the political aisle saw promise—a rare bipartisan moment of agreement. Among its highlights was a provision dubbed “no tax on tips,” which, at face value, suggests relief for millions of service workers. However, this supposed break is ultimately a mirage:
Personal
In the wake of President Trump’s latest sweeping legislation, claims of transforming higher education through responsible borrowing ring hollow. The new caps on federal student loans appear, at first glance, as a prudent measure to rein in runaway college costs. However, beneath this veneer of fiscal responsibility lies a perilous bet—one that risks deepening inequalities
Despite widespread awareness of the need to plan for retirement, Americans are dangerously far from securing a financially stable future. The latest insights from Schroders starkly reveal a troubling disconnect: the average worker believes they need at least $1.28 million to retire comfortably, yet only a disheartening fraction realistically expect to amass such an amount.
The impending expiration of the federal student loan forbearance represents a disturbing reality check on the flawed vision of education affordability in America. For months, millions of borrowers have enjoyed a temporary reprieve from crushing debt burdens, thanks to the Biden administration’s SAVE plan and the previous interest-free pause. However, this supposed relief is about
In recent years, the idea of imposing higher tariffs has been championed as a tool for national economic strength, yet this approach often reveals itself as a flawed strategy with widespread repercussions. At first glance, tariffs are presented as a means to protect domestic industries and foster job creation; however, a deeper scrutiny exposes their
In today’s societal landscape, pursuing a degree in finance has long been painted as the ultimate gateway to prosperity. Media narratives, college brochures, and even parental advice echo this sentiment: choose finance, and you secure a future of wealth and stability. This alluring picture, however, is increasingly misleading. While statistics may highlight high starting salaries,
Despite the perception that inflation is easing, the reality for many families tells a different story—one where rising tariffs and policy decisions undermine financial stability. As parents prepare for the back-to-school season, mounting expenses are already impacting their budgets, exposing a troubling disconnect between economic indicators and the lived experiences of everyday Americans. The hope
The recent legislative decision to scrap crucial federal tax incentives for electric vehicles (EVs) marks a pivotal point in the United States’ ongoing efforts to combat climate change and modernize transportation. While the law’s proponents tout it as a necessary move to curb government spending, the timing and implications paint a different picture—one where practical
For years, the narrative surrounding international education in the United States painted a bleak picture. Politicians and policymakers claimed that foreign student enrollment was in decline, threatening America’s reputation as a premier destination for global talent. However, beneath this surface of concern lies a troubling pattern of misinformation. A crucial correction unveiled by Boston College’s
In recent years, the narrative surrounding tariffs has been increasingly framed as a bold strategy to protect American industry and assert economic independence. Yet, beneath this rhetoric lies a brewing storm of unintended consequences that harm the very fabric of middle-class financial security. While policymakers tout tariffs as a tool for negotiation and “standing up”