The impact of President Trump’s tariffs on Latinos will likely affect not only that community but also produce a domino effect of negative consequences for the overall economy. Although most consumers and workers will suffer from the tariffs imposed by the Trump administration, Latinos will likely experience the most significant economic impact. The nonpartisan policy research group The Budget Lab at Yale calls the Trump tariffs a regressive policy. Whenever a regressive tax is imposed, those with the lowest incomes pay the most and face the most significant negative economic consequences. In 2017, the Heritage Foundation noted, “Tariffs are just…

Republican Student Loan Plan Quirk: Repayment Assistance Plan Doesn’t Account For Inflation House Republicans’ newly proposed Repayment Assistance Plan, part of their sweeping 2025 student loan reform bill known as the Student Success and Taxpayer Savings Plan, aims to simplify federal repayment options. However, a little-noticed design flaw could make the plan much costlier over time: The Repayment Assistance Plan currently ties monthly payments to income tiers fixed in today’s dollars; not adjusted for inflation. In fact, the word inflation isn’t mentioned at all in the 103-page draft proposal (I reached out to Committee Chair Tim Walberg’s (R-Michigan) office as…

Entering college is one of the most exciting milestones in a young adult’s life, but it also brings new financial responsibilities that you may be unprepared to handle. From managing a budget to understanding loans, credit, and personal savings, financial literacy can make or break your college experience. This article offers actionable insights and practical tips for incoming college students to help build financial habits that can last a lifetime. 1. Create A Budget And Stick To It Track All Sources Of Income The cornerstone of any effective budget is an accurate understanding of how much money is coming in.…

When individual debtor Larry Addington filed for bankruptcy, he owned a 36% membership interest in a limited liability company called Ultra Energy Resources, LLC (“Ultra”). In turn, Ultra owned a 100% membership interest in another limited liability company called Carbon Fuels Properties, LLC (“CFP”). After the case was converted from Chapter 11, a Chapter 7 Trustee was appointed for Addington’s debtor estate. Credit-bidding is a process by which a creditor participates in the judicial sale of a debtor’s asset, but does not bring cash. Instead, the creditor offers to reduce (credit) the amount of money owed to the creditor in…

Florida is home to a lot of wealthy cities and a lot of wealthy people. It doesn’t hurt that the state does not levy a personal income tax. Whether they’re ritzy resort spots or just affluent suburbs, Florida has plenty of centers of wealth that draws people, not just from across the United States, but from across the world. A recent series of studies have examined and identified the most expensive ZIP codes in each state. Now, it is Florida’s turn for this analysis. Read on to find out the most expensive ZIP codes in Florida in 2025, based on…

Over the past few months, there’ve been a series of studies analyzing ZIP codes in terms of their home values, going state by state to identify the most expensive ones. Through these analyses of monthly home values, as well as financial data from the Census Bureau, these studies have identified the most expensive ZIP codes in various New England states, such as Connecticut, Maine, Massachusetts, and Rhode Island, among others. Now, it’s time to take on New Hampshire and its most expensive ZIP codes. So, read on to find out the most expensive ZIP codes in New Hampshire in 2025,…

“We need more cash to cover college: Is it a good idea to use a HELOC or student loans?” asked a client, recently. Amid rising tuition fees and increased uncertainty around the future of higher education funding, American families are seeking alternative strategies from conventional aid. Were I to send my kids to my alma mater, it would cost 35% more than when I attended, and that’s after accounting for inflation. Parents have gotten creative in financing these rapidly inflating college expenses. Enter the HELOC (Home Equity Line Of Credit), which requires the use of home equity to secure financing,…

Republican lawmakers have proposed a massive overhaul of the student loan system, both in how families will pay for college, and how borrowers will repay their student loans. The key student loan repayment proposal involves reducing the number of repayment plan options to two: a standard fully-amortized plan and an income-based repayment plan dubbed the “Repayment Assistance Plan” (RAP). Designed with a flat income-percentage model and child-based deductions, RAP would replace existing income-driven repayment plans for new borrowers. The legislation also phases out forgiveness after 20 or 25 years for a 30-year timeline, with interest and principal subsidies to prevent…

Repayment Assistance Plan Is Part Of House GOP Proposed Student Loan Forgiveness And Repayment Overhaul In late April 2025, the House Education and Workforce Committee, led by Republican lawmakers, unveiled a comprehensive student loan reform proposal with a significant new income-driven repayment option. This plan, officially called the Repayment Assistance Plan, aims to make student loan payments more manageable for future borrowers while solving a vexing problem: balances that grow instead of shrink. Here’s precisely how this new plan would work in practice if enacted. What Is The Repayment Assistance Plan? On April 28, 2025, House committee members introduced a…

House Republicans unveiled a long-awaited legislative proposal on Monday to overhaul the federal student loan system. If enacted, the bill would make profound changes to federal aid and student loan repayment plans, and would cut off or push out student loan forgiveness for millions of borrowers. The release of legislative text is the next step in a lengthy process called reconciliation, whereby GOP leaders hope to be able to make significant changes to government spending and taxation through a budget process that allows legislation to pass Congress with simple majorities in the House and the Senate. This would allow Republicans…