In December the Federal Reserve raised interest rates for just the second time in the last seven years. While the details of how much and when the Fed changes interest rates are subject to the speculation of economists, one thing is certain: a rise in interest rates has a definite effect on consumers. And, with the Fed signaling its intent to raise rates several more times throughout 2017, consumers should consider the potential impact that a rising interest rate environment can have on their wallets. These tips are intended to help you do just that.
The price of earning a college degree has increased dramatically over the past decade. The amount of student loans now surpasses credit card debt in the U.S., having reached more than $1 trillion in 2013. Furthermore, for students and their parents, the complicated logistics of financing college can be overwhelming. Below are tips to consider when navigating the maze of financial options.
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