Author: administración

The U.S. Department of Education announced on September 29, 2026 that it was extending the enrollment window for its temporary 1% student loan interest rate reduction by three months. Borrowers who enroll in auto pay by December 31, 2026, or who are already enrolled, keep the reduced rate through June 30, 2028. The original deadline would have closed at the end of September. The 1% discount replaced the old 0.25% auto pay discount on July 1, 2026 for eligible borrowers. The Department says nearly 2 million borrowers have signed up for auto pay since the benefit was announced this summer.…

You can deduct up to $2,500 of student loan interest per year without itemizing. Most borrowers save $300 to $550 in federal tax.For 2026, the deduction phases out between $85,000 and $100,000 of MAGI for single filers and $175,000 to $205,000 for joint filers. Married filing separately gets nothing.Interest you actually paid on federal or private loans counts. Interest the government waived under RAP, or your employer paid tax-free, doesn’t. Yes, you can deduct student loan interest. If you paid interest on a qualified student loan during the year, you’re legally obligated on the loan, nobody claims you as a…

Key Points The Senate passed the Protect College Sports Act 77-22 on Monday, September 28, 2026, the first time either chamber has approved sweeping federal rules for college sports. The bill would lock the House v. NCAA revenue-sharing cap into federal law, add a $22.5 million retention fund, cap agent fees at 5%, and preempt state NIL laws. It does nothing to change how NIL income is taxed or counted on the FAFSA, and the House has until January 3 to act or the bill dies. The U.S. Senate passed the Protect College Sports Act (PDF File) by a 77-22…

Let’s talk about the side hustle that doesn’t feel like work most days. Dog sitting. I’ve been doing this on Rover for a while now. And this summer, it actually added up to something real. Here’s what Rover alone paid out. April: $202.50 July into August: $672.00 Early September: $144.00 That’s just Rover. That doesn’t count the dogs I sit for friends and family, outside the app, no fees attached, just people I already know trusting me with their pups. Between both, Rover and the friends-and-family jobs, it’s brought in an extra $2,000 this summer. Two thousand dollars. From dogs.…

A friend called me recently. A few of his investments had slowed down, one had stopped paying entirely, and we spent twenty minutes working through what the losses might look like and whether he could write any of it off. Then he mentioned, almost in passing, that the money he’d put in wasn’t his. He’d borrowed it. That changed the conversation completely. We weren’t talking about investments that might underperform anymore. We were talking about payments that were due either way. If you’re a physician, you’ve probably had this option in front of you. Banks like our income and they…

High-yield savings account rates have started to rise slightly, even at large banks, in the wake of the Federal Reserve rate increase last week.As of September 28, 2026, some online banks are still offering interest rates up to 4.25% APY. This is still much better than the average of 0.37% APY, according to the FDIC.Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand today — and what you should know…

by AshleyGiving teens their own clothing budget changes the question from “Can I have it?” to “Is it worth spending my money on?”  gonghuimin468/Pixabay Back in February I started a radical experiment…. I started giving my 14-year old twin girls a budget of $100/month each. They have to use that money to buy all of their clothes, shoes, accessories, make-up, skincare, and fancy toiletries (I buy the basics).I gave a one-month update back in March. But now that we’ve been doing this for much longer, I wanted to give an update and share how its going. There have been a few surprises!We…

Are you looking for a side hustle that actually fits your life? It’s easy to find lists of ways to make extra money. The harder part is choosing something you have time for, can afford to start, and might actually enjoy doing. A side hustle that works well for someone else may not fit your… Are you looking for a side hustle that actually fits your life? It’s easy to find lists of ways to make extra money. The harder part is choosing something you have time for, can afford to start, and might actually enjoy doing. A side hustle…

Key Points Seven states currently make filing the FAFSA (or signing an opt-out form) a condition of getting a diploma: Alabama, Illinois, Indiana, Nebraska, New Jersey, Oklahoma and Texas. Connecticut joins them with the class of 2027. California and New York require schools to confirm every senior files or opts out, but a student’s diploma is not at stake. Pennsylvania adopts the same model for the class of 2027. Every one of these states offers an opt-out. No state forces a family to share financial information. A growing group of states has turned the FAFSA into a high school graduation…

The IRS posted a draft 2026 Form 1040 last week that asks tax filers about their citizenship status for the first time: “At the time you file your return, are you, and your spouse if filing jointly, a U.S. citizen, U.S. national, or an alien lawfully authorized to work in the U.S.?” Each spouse checks yes or no, directly below the digital asset question on page one of the federal tax return. A companion form Schedule 3-A, titled “Federal Public Benefit,” asks a narrower question: whether you or your spouse is a citizen, national, or “qualified alien.” A “no” answer…