President Trump’s multiple threats to revoke the tax-exempt status of organizations that disagree with him have deeply troubling implications for the credibility of the federal revenue system and for democracy broadly. His highest profile threat was his request that the IRS revoke Harvard University’s tax-exempt status. But Harvard wasn’t the president’s only target. On April 17, he told reporters, “We’re looking at” a non-profit group called Citizens for Responsibility and Ethics in Washington (CREW) that has filed several lawsuits against his Administration. And he separately warned that “Tax exempt status is a privilege, it’s really a privilege, and it’s been…

Student Loan Wage Garnishment Could Hit Women Hit Hardest The U.S. Department of Education has announced that it will resume student loan wage garnishment for borrowers in default, ending a years-long reprieve that began early in the pandemic. For the first time in five years, Americans who have fallen behind on their federal student loans could see part of their paychecks seized to repay that debt. While this move affects millions of borrowers, this is likely to hit women borrowers the hardest, argues 19th News, an independent, nonprofit newsroom reporting on gender, politics and policy. Women hold the majority of…

Tariffs have been around for centuries but only in the last year have most Americans had to think about they’ve impacted their finances. It seems that every week brings a new round of tariff news and it’s understandable that you might be weary of them. Fortunately, there are things you can do to try to tariff-proof your finances. These steps are, in generally, good for your finances whether high tariffs persist or if the President steps them back, so it benefits you to do them either way. Increase Your Savings In times of turmoil, whether it’s widespread economic worries like…

According to new research from Cash App Afterpay, more than half of Gen Z say credit cards feel outdated, anxiety-inducing, and incompatible with how they want to manage their money. Unlike previous generations who saw credit cards as a rite of passage or a symbol of financial freedom, Gen Z is redefining what financial empowerment looks like—and credit cards don’t make the cut. Why Credit Cards Clash With Gen Z’s Money Mindset “Credit cards give Gen Z the ‘ick’—not just because of high interest rates and confusing terms, but because they feel outdated and anxiety-inducing,” said Lindsay Bryan-Podvin, Cash App…

Pharmacy visits can often feel like an expensive necessity. Between prescriptions, over-the-counter medications, and health-related products, the costs can add up quickly — especially as tariffs on pharmaceutical imports begin to impact drug prices. “Tariffs on pharmaceuticals could increase the price of generic drugs by as much as 17.5%,” according to a report by the Brookings Institution, referring specifically to a proposed 25% tariff on drugs imported from India — a major supplier to the U.S.But even in a climate of rising costs and global trade uncertainty, there are practical ways to reduce your pharmacy bill. Here are expert-backed strategies…

In a world of instant communications and consumer expectations of same-day delivery of goods, it’s easy to overlook how much time in advance is necessary to enable speed and convenience. President Donald Trump imposed a series of increased tariffs on goods from China, which, in turn, imposed higher tariffs on goods from the U.S. This isn’t an abstract issue but one that is already in effect and will create a waterfall of additional domestic consequences. How Products Get From Ports To Customers China has been the third-largest trading partner of the U.S. and the third-largest source of imports here so…

Student loans are a major financial concern for millions of Americans, often impacting everything from career choices to homeownership. With total student loan debt in the U.S. reaching over $1.77 trillion based on recent Federal Reserve data, many borrowers seek ways to better manage repayment. This article provides an overview of two of the most common strategies for managing student loan debt: consolidation and refinancing. It also discusses ideal scenarios for each strategy to help you decide. What Is Student Loan Consolidation? Student loan consolidation is a federal debt management strategy that allows borrowers to combine multiple federal student loans…

Game Changer Update: Using Bilt Rewards For Student Loans What if your most significant monthly expense could also help erase your student loans? That’s the promise behind a game-changing update to Bilt Rewards, which will now allow members to use Bilt rewards for student loans. Renters can turn the points earned on rent, an expense that typically yields no rewards, into extra payments toward student debt. “Research shows that student debt is now the second-largest form of consumer debt in America,” said Bilt CEO Ankur Jain in a company press release. “By enabling members to redeem Bilt Points toward student…

Trump Executive Order On College Accreditation Reform Has Big Potential Implications For Borrowers President Donald Trump signed an executive order on April 23 titled, “Reforming Accreditation to Strengthen Higher Education,” which promises a significant shake-up in how colleges are accredited and, by extension, how federal student aid flows. The Trump executive order is framed as a student loan accreditation reform to raise the bar on college quality, refocus accreditors on student outcomes, and strip access to federal funds from low-performing institutions. The Trump executive order focuses on how too many students leave college with heavy debt and poor returns. The…

Trump Floats $5,000 Baby Bonus To Boost Birthrate President Donald Trump’s administration is considering a one-time $5,000 baby bonus for new parents to tackle America’s declining birth rate, according to reporting by the New York Times . This so-called Trump baby bonus would give every American mother a $5,000 cash payment after the birth of a child. After the NYT article came out, Trump was asked about the potential of providing the financial incentive, to which he responded, “Sounds like a good idea to me,” The Hill reported. The idea is to encourage more Americans to get married and have…