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How Home Equity Affects College Aid

 Now that you’ve filled out the FAFSA (free application for federal financial aid) it’s time to tackle the College Scholarship Service Profile (CSS Profile) for non-federal financial aid.  Be ready to provide your home’s purchase price, year of purchase, current value (check your property tax bill) and current debt to determine your home equity.  Schools…

Lead and Radon Dangers in Your House

Detroit residents aren’t the only Americans who have to worry about lead in their drinking water. Lead, a toxic metal, is common in houses built before 1986.  Radon is a naturally occurring radioactive gas released from the ground and the second most common cause of lung cancer after smoking.  A variety of DIY testing kits…

Student-Loan Borrowers Need To Plan How to Resume Payments

In March the Cares Act suspended payments and interest on direct federal loans. The suspension ends in December. Don’t wait to plan how you will manage starting repayment; start planning NOW. Writing for The Wall Street Journal JULIA CARPENTER explains the options and why borrowers need to plan now for end of payment holiday. Set…