Despite a volatile housing market, many people still dream of becoming a homeowner. According to a recent survey, about 28 million Americans — approximately 11% of the population — plan to buy a home in 2023.    The majority of homebuyers purchase homes with a mortgage. If you need to take out a loan to buy a house, you may be wondering, “Does applying for a mortgage affect your credit score?” The answer is yes — but it can also help your credit over time.    Here’s what you need to know about the impact of shopping for a mortgage on your credit.  Types Of Credit Inqui ..read more

If you have a large emergency fund, it may be tempting to use that cash when you need to make a large purchase. But depleting your cash reserves is not necessarily the best approach in every situation. Financing a big-ticket item could also make sense, especially if you can take advantage of a 0% or low-rate introductory APR.    But deciding when to finance or pay cash can be tricky, and your financial situation will play an important role in the decision-making process. In general, though, here are some instances where it makes sense to finance vs. pay cash, as well as the drawbacks ..read more

In August 2022, millions of student loan borrowers rejoiced when President Biden announced the launch of a new, one-time debt relief program that would eliminate up to $20,000 of student loans per borrower.    But before any borrower could qualify for loan forgiveness, opponents challenged the program as unlawful, saying that the President had exceeded his executive authority by launching the program without congressional approval.    Biden’s student loan forgiveness plan is on hold as the issue is litigated; here’s where it stands now.  What is Joe Biden’s Student Loa ..read more

What is Work Study? Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   Explanation Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissions program, applications are norm ..read more

Breadth and Depth in College Studies Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   Tip #1 Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissions program, applicati ..read more

Dealing with School Pressure Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   Tip #1 Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissions program, applications are ..read more

Pros and Cons of Attending a Single Gender College Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   Pros Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissions progra ..read more

Benefits of Working a Part Time Job in High School Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   Benefits Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissions pr ..read more

College Access Programs in Your Community Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   College Access Programs Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissi ..read more

Advantages and Disadvantages of a College Savings Plan Most colleges release their decisions based on when you applied for admission. If some of your friends have already received decision notifications, but you haven’t, it may be because they applied under a different admissions program than you.   Advantages Early decision is the early admissions program in which applying early will get you an early answer about college acceptance. The early decision program is binding, meaning that if you are accepted to a college under early decision, then you must attend that school. For this admissi ..read more