Personal finance

As if getting in to a top college wasn’t hard enough, Covid-19 adds a new challenge. Amid the coronavirus pandemic, many would-be freshmen have decided to postpone college rather than start their education online.   As a result, colleges and universities are well below their enrollment numbers for the 2020-2021 academic year, a report shows. Overall,
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Rep. Peter DeFazio, D-Ore. Sarah Silbiger | CQ-Roll Call Group | Getty Images Americans are hurting financially amid the Covid-19 pandemic, and that includes the nation’s seniors. Now, two House Democratic lawmakers are hoping to help retirees with a bill to increase next year’s Social Security cost-of-living adjustment. Rep. Peter DeFazio, D-Ore., is introducing a
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martin-dm | E+ | Getty Images The coronavirus pandemic is causing financial stress and anxiety for many Americans, yet it is people of color who are feeling it the most, according to an analysis of the American Staffing Association’s latest survey on the workforce. “The pandemic has disproportionately affected lower-income groups, especially those in occupations
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Prisoners are getting a second chance at receiving the $1,200 stimulus checks the government sent this spring. Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California recently ruled that the government should not withhold those checks from people solely because they are incarcerated. There are roughly 1.5 million incarcerated
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Getty Images The Covid-19 pandemic has disproportionately affected low- and middle-income Americans as well as communities of color, exacerbating inequality and leading to increased financial stress. Those hit hardest by the pandemic are now feeling the most anxiety about their personal finances. Nearly 75% of Americans with annual household incomes of less than $50,000 said
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