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Help available for first-time buyers, if you can find it

CHICAGO (Reuters – It took 52-year-old social worker Nancy Peterson a combination of five different grants and low interest loans to accumulate $80,000 for the downpayment she needed to become a first-time home buyer in Seattle last summer. Peterson’s modest i... More »

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How the shutdown affects tuition payments and loans

CHICAGO (Reuters) – With the partial U.S. government shutdown about a month old, a student showed up at the College of Southern Maryland’s financial aid office with two preschool children in tow to request emergency help paying her $3,000 in tuition and fees. ... More »

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Money disasters can derail retirement

CHICAGO (Reuters) – Karyn Golden’s income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 years ago. She brokered real estate deals, served on boards and lunched with political leaders. She never imagi... More »

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Daycare costs harder to afford than college for many

CHICAGO (Reuters) – Americans are not having enough babies. The nation’s fertility rate hit a record low in 2017, and one has to wonder: Could the cost of raising children be discouraging a generation that was choked by the Great Recession? Employment is stron... More »

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Column: Head to the career office before you pick a college

CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) Unlike his friends who are living at home three years after college graduation, John Kelly has paid off his student loan balance of $60,000 and is thriving as a... More »

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Do you need a do-over on your Roth conversion?

Dan Demeglio, race and sports book supervisor, cashes a 200-to-1 future bet for Doug O’Neill, trainer of Kentucky Derby winner “I’ll Have Another”, at the Primm Valley Casino in Primm, Nevada June 25, 2012. REUTERS/Las Vegas Sun/Steve Marcus CHICAGO (Reuters) ... More »

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U.S. renters look for last-gasp window to buy

A “For Rent” sign is posted outside a residential home in Carlsbad, California, U.S., January 18, 2017. REUTERS/Mike Blake CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) People trying to escape soaring rents... More »

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Column: Using 529 funds to pay for private school? Check new rules

A student sits in a hallway as he looks through a text book in Chicago, Illinois February 14, 2013. REUTERS/Jim Young CHICAGO (Reuters) – Uncle Sam has given families the green light to use $10,000 per child each year to pay for private schools out of 529 savi... More »

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Grad students plead for mercy from U.S. tax overhaul

FILE PHOTO – Graduate students rally against the proposed GOP tax reform bill at Union Square in the Manhattan borough of New York City, New York, U.S., November 29, 2017. REUTERS/Shannon Stapleton CHICAGO (Reuters) – Graduate student Mollie Marr is worried th... More »

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Your Money: Gear up for a big year of giving

Saks Fifth Avenue’s holiday light show can be seen on display in the Manhattan borough of New York, U.S., November 27, 2016. REUTERS/Darren Ornitz CHICAGO (Reuters) – If proposed tax overhaul changes are adopted, giving to charity for tax reasons will no longe... More »