Author: administración
The U.S. Department of Education today published the final rule for the Workforce Pell Grant program, opening federal Pell aid to short-term workforce training for the first time starting July 1, 2026.For decades, Pell Grants have been limited to degree and longer certificate programs, leaving out the kind of 8- to 15-week training that often leads directly to a job. The new rule routes federal aid toward credentials in skilled trades, healthcare, transportation, and other fields where employers say they cannot hire fast enough.Driving The News: The rule implements the Workforce Pell provisions from the law signed by President Trump on…
The Justice Department concluded that Yale University’s School of Medicine continued to use race in admissions after the 2023 Supreme Court ruling in Students for Fair Admissions v. Harvard (SFFA), putting one of the country’s most selective medical school under federal civil rights enforcement.Assistant Attorney General Harmeet K. Dhillon, who leads the DOJ Civil Rights Division, said in a May 14 letter (PDF File) to Yale that the school “continues to intentionally discriminate against applicants based on their race” in the incoming classes of 2023, 2024, and 2025 — meaning the alleged conduct spans both before and after the SFFA decision.The…
Most physicians plan well for their own financial future. Retirement accounts are maxed. Investment positions are building. There’s at least a working picture of what financial independence looks like. What most of us haven’t planned for is the financial weight of our parents aging. Not in the abstract sense. In the specific, arriving-faster-than-you-expected sense. The cost of care. The coordination burden. The slow financial drain that doesn’t feel like a crisis on any given Tuesday but accumulates over months and years into something significant. I’ve been living this firsthand. And talking to physicians across the country, I know I’m not…
I’ve concluded the main reason I can’t convince anyone in real life to FIRE is the desire for more. The moment you hit a $1 million net worth, you start dreaming of $5 million. Get to $5 million and suddenly $10 million sounds reasonable. Hit $10 million and, well, why not shoot for $25 million and higher? The goalposts never stop moving on their own. You have to make them stop. That’s easier said than done when you went to college with sharp, type-A people who went on to have highly successful careers. And if you then live in a…
Financial planner and former college admissions consultant Tyler West joins The College Investor Audio Show at MilMoneyCon to talk about how families should actually approach paying for college — from 529 plans to commuter schools to the conversations parents aren’t having with their kids.Recorded live at MilMoneyCon, Robert Farrington sits down with Tyler West, an associate financial planner at CL Sheldon & Company who works with military and veteran families. Before financial planning, Tyler served in the Army, worked in higher ed at the University of Colorado, and ran his own college planning business advising high-net-worth families on admissions and…
The Treasury yield could peak near 5% in coming weeks, which will be a chance to buy stocks, says Ed Yardeni.
Oil touches two-week high after drone attack on UAE nuclear power plant
Iran war saddles global companies with $25 billion bill – and counting
Hey everyone! I hope you’re enjoying the beautiful spring weather. It’s been a while since I posted an update. To be completely honest, blogging became much more difficult once I stopped posting every single week. There are always so many things to do around the house, and writing is much harder when I don’t stick to a strict schedule.Anyway, I promised to update my withdrawal plan, so here it is.This plan isn’t set in stone. We’ll constantly modify it to minimize taxes and respond to unforeseen circumstances. We will likely withdraw more in some years to cover “lumpy” expenses, like…
A rare strain of Ebola virus likely caused 80 deaths in Congo and Uganda, prompting the World Health Organization to declare a public health emergency.