student loans Archives • Family Finance Mom

S4-13: Allowance for Kids and December Fed Meeting

Meghan announced this was her last live Q&A session for 2023, first addressing President Biden’s latest round of student loan forgiveness. She also shared her views on allowance for children and the costs associated with car ownership. Additionally, Meghan discussed tokenization in finance and the anticipation surrounding the Federal Reserve’s decision on monetary policy at…

How American Student Loans Morphed from a Hand-Up to Hopelessness

The Federal Student Loan program first began in 1965. It was intended to make student loans accessible to all, to make the American Dream – going to college and earning more money – possible for everyone. A Federal American Student Loans program was supposed to be the great economic and opportunity equalizer… but somewhere along…

20 High School Seniors Ask: How to Prepare for College Financially

I remember my college search process, the campus visits, and final choice like it was yesterday… my thought process went something likes this: I deserve to go anywhere that accepts me. Cost barely registered in my decision-making – and certainly not because my parents could afford it. My mom just kept telling me “we would…

Women & Money: 10 Facts We All Should Know

Over the last 100 years, women and money have come a long way. Learn about the history of women’s financial rights, the modern statistics associated with women and money, and why improving women’s financial literacy is Family Finance Mom’s #1 mission. While there’s endless discussion today of the gender wage gap, the reality is women’s…

Are You Worried About How to Pay for Your Kid’s College?

How do parents pay for college? This is one of the questions I get asked more by moms than just about any other. We obviously all want the best for our children’s future, but the cost of our children’s future education is astronomical (and growing larger by the year). It is no wonder it keeps…

Are You Worried About the Cost of College?

This is a sponsored post on behalf of The Private College 529 Plan. As always, opinions remain 100% my own. As a graduate of the University of Notre Dame, I am intimately familiar with the incredible value and opportunity provided by a highly ranked, private college education. I am also all too keenly aware of its…

The Ugly Truth About Student Loan Debt

It used to be a college degree was the ticket to upper-middle class prosperity, even wealth, a guaranteed investment win. However, most millennials will tell you differently. This month’s topic on Financially Savvy Friday is student loans and student loan debt. Most millennials today will tell you student loan debt has crippled any chance they have…