Money

State and federal lawmakers and 2020 presidential candidates have put forward a range of plans aimed at reducing college costs to curb student debt and encourage more Americans to pursue degrees. Most programs and proposals focus on eliminating tuition at community colleges and state universities. But some also aim to cover educational costs such as mandatory student fees, which schools charge to help pay for student events, health services and other campus offerings. These initiatives often are referred to as "free college" — even when they only cover tuition — and as "tuition-free" programs. A number of cities, counties and states have introduced “college promise” programs, which also pay students’ tuition and, sometimes, other expenses at two- and four-year institutions. more »

In the 1980s and 1990s, when I read women’s history on my own, I realized that there were important and prominent women in every decade, but they disappeared when the history books were written. Women were like sand castles; men were like rocks. The waters of time washed over both and wiped out the women. The Clintons — mother and daughter — are helping to remedy that. By telling the stories of 103 Gutsy women, they want to raise the sand from the beaches and fuse the particles into solid quartz. more »

Financial Advisor Lex Zaharoff writes: "Given the reality that there will be a recession in our future, there is a natural tendency to want to adjust our investment strategy in advance of a market drop. Ideally we would like to sell stocks and buy longer maturity bonds of higher quality borrowers just before a recession starts. And before others recognize the recovery, we’d like to reverse those trades – buying back into stock markets and reducing our interest rate sensitivity in our bonds. Unfortunately, it is impossible to know the timing of market fluctuations with greater certainty than the rest of the market." more »

Fed Governor Michelle W. Bowman asks: "For many years, inflation has run modestly below our 2 percent objective. Given that, it would be helpful to hear from you whether you think the Federal Open Market Committee should consider strategies that aim to have inflation exceed our target for a time, to make up for the earlier period of time when it fell short. Or would that threaten the decades of success the Fed has had keeping the public's expectations for inflation low and stable?" ... more »