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Parents feel a responsibility to help their kids get through college without an enormous debt load. In a T. Rowe Price survey, 53% of the parents interviewed said they would rather raid their retirement savings than have their children take out loans to pay for college. Forty-nine percent said they were willing to delay retirement, if necessary, to pay their children’s tuition.
Grappling with excessive debt or poor money management skills is no easy task. As the economy continues to contract, credit card companies lowering credit limits, and job security tenuous, keeping track of your money and wealth is paramount.
Believe it or not, there’s one aspect of Barack Obama’s ascendance to the White House that’s rarely noted. He is one of a few Americans who entered 2009 looking forward to a bigger home and a higher-paying job. Little more than a week before Barack Obama took office, the Labor Department reported that the unemployment rate had risen to 7.2% in December, its highest level in 16 years. And that was just the beginning.
Michael K. Williams, the star of The Wire, Boardwalk Empire and Lovecraft Country has passed away, a rep confirmed. He was 54.
As an imam at New York University, Khalid Latif strives to change perceptions of Islam and promote interfaith unity.
