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Category Archives: Financial System

Financial Aid for Students: Online Resources

Everycrsreport.com – Financial Aid for Students: Online Resources, June 12, 2018 R43108 – “Congressional offices are frequently contacted by constituents who are researching how to pay for postsecondary education. This report identifies various online sources targeted to students and parents that provide information on planning and acquiring funds for postsecondary education. Some resources also contain information on repaying, forgiving, or discharging educational debt. Students are often in the best position to determine which aid programs they may qualify for and which best meet their needs. Many of the websites listed in this report enable a student to conduct and save scholarship, grant, and loan searches. This list includes both general sources and those targeted toward specific types of aid and circumstances (e.g., non-need-based scholarships; women and minority students; students studying abroad; or veterans, military personnel, and their dependents). This report is not a comprehensive catalog of resources related to financial aid for students. The selection of a resource for inclusion in this report is based on several criteria, including long-standing history in publishing print guides on financial aid and other college information guides (e.g., College Board, Peterson’s, Princeton Review, Reference Service Press), key features or capabilities of the website, or focus on specific topics (e.g., educational disciplines or student characteristics). The resources in this report are provided as examples and the inclusion of resources in this report does not imply endorsement by CRS. Similar guides are available in a variety of formats through libraries, high school guidance offices, college financial aid offices, and on the web.”

Survey – Majority Of Millennials Blame Baby Boomers For Destroying Their LIves

Axios/Survey Monkey poll: “Millennials, the largest and most significant generation for the US labor market, came of age in the era of broken central bank policies, leading to the greatest wealth, income and inequality gap in recent history. While baby boomers promised millennials the world through (expensive) college degrees, this generation discovered that massive student… Continue Reading

OpenEDGAR: Open Source Software for SEC EDGAR Analysis

Computational Legal Studies: “Our next paper — OpenEDGAR – Open Source Software for SEC Edgar Analysis is now available.  This paper explores a range of #OpenSource tools we have developed to explore the EDGAR system operated by the US Securities and Exchange Commission (SEC).  While a range of more sophisticated extraction and clause classification protocols can… Continue Reading

The State of the Nation’s Housing 2018

Joint Center for Housing Studies Harvard University – “The inaugural State of the Nation’s Housing report in 1988 noted that the majority of Americans were well housed and some conditions have improved since then. More than 40 million units have been built over the past three decades, accommodating 27 million new households, replacing older homes,… Continue Reading

Summarizing the FY 2019 House Budget Resolution

Committee for a Responsible Federal Budget, June 19 2018: “House Budget Committee Chairman Steve Womack (R-AR) released his Chairman’s Mark of the House FY 2019 budget resolution. The budget resolution calls for $8.1 trillion of deficit reduction (including rosy growth and other gimmicks), while including reconciliation instructions for committees to enact at least $302 billion… Continue Reading

Social Security: What Would Happen If the Trust Funds Ran Out?

Via EveryCRSReport.com – Social Security: What Would Happen If the Trust Funds Ran Out? June 11, 2018: “Social Security’s receipts and expenditures are accounted for through two federal trust funds: the Federal Old-Age and Survivors Insurance (OASI) Trust Fund and the Federal Disability Insurance (DI) Trust Fund. Under their intermediate assumptions and under current law,… Continue Reading

New York files suit against President Trump alleging his charity engaged in ‘illegal conduct’

Attorney General Underwood Announces Lawsuit Against Donald J. Trump Foundation And Its Board Of Directors For Extensive And Persistent Violations Of State And Federal Law: “Attorney General Barbara D. Underwood today announced a lawsuit against the Donald J. Trump Foundation, and its directors, Donald J. Trump (“Mr. Trump”), Donald J. Trump, Jr., Ivanka Trump, and… Continue Reading

CRS – Resources for Key Economic Indicators

Via EveryCRSReport – Resources for Key Economic Indicators – May 30, 2018: An understanding of economic indicators and their significance is seen as essential to the formulation of economic policies. These indicators, or statistics, provide snapshots of an economy’s health as well as starting points for economic analysis. This report contains a list of selected… Continue Reading

More than $82 million in outside income earned in 2017 by Kushner and Ivanka

Washington Post: “Ivanka Trump and Jared Kushner, the president’s daughter and son-in-law, brought in at least $82 million in outside income while serving as senior White House advisers during 2017, according to new financial disclosure forms released Monday. Ivanka Trump earned $3.9 million from her stake in the Trump International Hotel in Washington, while Kushner reported over… Continue Reading

DOJ Defending Trump’s Ability To Profit From Foreign Officials Staying At His Hotel

BuzzFeed: “The Justice Department argued Monday that President Donald Trump could continue to profit from foreign governments patronizing his hotel in Washington, DC, without violating the US Constitution, as long as he didn’t explicitly provide something in return. The fact that foreign officials were quoted in media reports saying they would spend money at the… Continue Reading

The World Isn’t Prepared for Retirement

Bloomberg: It’s not just America. New data show people all over the globe don’t understand basic concepts of investment and inflation. “Most online quizzes are relatively mindless, promising to reveal which vegetable, sandwich or rock band best represents your personality. That was not the case for a short online test given to 16,000 people in 15 countries… Continue Reading

Why Retaining Older Women in the Workforce Will Help the U.S. Economy

[email protected]: “In this opinion piece, researchers Amy Lui Abel and Diane Lim of The Conference Board explain why demographic and economic trends provide an opportunity for older women to expand their role in the labor market. Several female-dominated occupations — especially in health care services — face shortages that will only grow. But given the… Continue Reading