Donald Trump posted on Truth Social, Sunday evening, promising lower U.S. drug prices with cuts by 30% to 80%, “almost immediately.” He followed with an executive order on Monday. Some of his observations of an ongoing problem are interesting and likely correct. However, his promise of a solution suggests an ability of the government to set prices and take actions in ways that it lacks. Understanding Global Drug Prices Trump is correct about an “imbalance” in global drug pricing. A 2024 RAND study found that across all drugs, domestic prices were 278% of prices in the other 32 countries that…

President Trump’s executive order aimed at lowering the prices of prescription drugs in the US is unlikely to reduce them very much at all. While Trump made his announcement with great fanfare, he has little or no power to make the changes he promises. Trump’s idea, which is similar to a plan he failed to enact in his first term, would tie drug prices in the US to prices paid in other countries, which almost always are lower than in the US. He seems to want to force other countries to pay more for medicine so consumers in the US…

Huge Threat To Public Service Loan Forgiveness Eligibility In GOP Tax Bill Public Service Loan Forgiveness, the federal program that forgives student loan debt for public servants after 10 years of qualifying payments, is facing a new and unexpected threat. Tucked inside the House GOP’s newly release 2025 tax bill is a controversial provision that would empower the U.S. Treasury Secretary to unilaterally strip specific nonprofits of their tax-exempt status by designating them as “terrorist supporting organizations.” If enacted, this move could instantly disqualify employees of targeted nonprofits from PSLF, upending the financial plans of thousands of student loan borrowers…

GOP Student Loan Forgiveness And Repayment Plan Confirms Intended Relief For Married Borrowers Millions of married student loan borrowers just got a close to definitive answer they’ve been waiting for weeks. A new House GOP bill draft confirms that, if passed, married borrowers who file separate tax returns will not include their spouse’s income when calculating payments under income-driven repayment plans. This clarification, tucked into page 41 of the 103-page draft legislation, ends a short, but intense period of uncertainty with many borrowers bracing for potentially higher student loan bills. The development is a rare bit of good news for…

Republican House lawmakers on Friday unveiled legislation that would narrowly extend student loan forgiveness tax relief for borrowers and their families due to death and disability. But loan forgiveness for most borrowers under other programs would revert to being taxable again next year, as lawmakers allows key provisions of the tax code to expire at the end of the year. This could put millions of borrowers at risk of facing massive tax liability associated with debt cancellation. The legislation is just one piece of congressional Republicans’ plans to enact much of President Donald Trump’s legislative agenda through the budget reconciliation…

Protein powders, which are mainstays in supermarket supplement aisles, provide a hefty hit of protein in just a few scoops. This extra protein may offer myriad health benefits, ranging from enhanced muscle mass to weight management. But not all protein powders are created equal, and some may contain fillers, additives and even contaminants, such as heavy metals. The U.S. Food and Drug Administration (FDA) doesn’t validate the safety of protein powders before they hit store shelves, so it’s up to consumers to find an effective—and safe—product. To assist in your search, the Forbes Health editorial team has highlighted the top…

What Is The GOP’s Repayment Assistance Plan And How Would It Change Student Loan Repayment Compared To SAVE? House Republicans have introduced a sweeping student loan reform proposal that would eliminate the Biden administration’s SAVE plan and replace it with a single income-based repayment option called the Repayment Assistance Plan. This move comes as part of the GOP’s broader budget strategy to cut federal spending on education by an estimated $330 billion over the next decade, which is intended to offset extended tax cuts and other priorities. As the bill is titled, the Student Success and Taxpayer Savings Plan consolidates…

FemTech is not just about periods and pregnancy, it’s about data sovereignty, community health, and economic power. The term encompasses software, diagnostics, products, and services focused on women’s health, and is on the rise with a global market expected to surpass $103 billion by 2030, according to Deloitte. Funds like 100KM Ventures are continuing to invest in the future of work and health, knowing that game changing FemTech entrepreneurs like Arion Long, CEO of Femly, the world’s first smart touchless pad and tampon vending machine are poised to gain a fair share of this market. The Breakdown You Need To…

Funding college education is one of the most important financial goals you can have. While reports differ as to whether costs are rising or falling in recent years, college tuition is still a significant expense, even with financial aid and scholarships. Whether you are a parent, guardian, or student, understanding and comparing different savings options can help you plan better. This article explores six common college savings accounts in the United States. 529 College Savings Plan Named after Section 529 of the Internal Revenue Code, these plans are sponsored by states, state agencies, or educational institutions. A 529 plan is…

Repayment plan processing for hundreds of thousands of federal student loan borrowers trying to enroll in income-driven repayment plans should finally be back in full swing as of Saturday, according to the Department of Education. That’s good news for borrowers who had been prevented from accessing affordable monthly payments and pathways to student loan forgiveness following months of chaos. The ongoing problems were associated with the fallout from a legal challenge over the SAVE plan, one of several income-driven repayment plan programs that offer borrowers lower payments based on their income and family size, and eventual student loan forgiveness (typically…