MARBLEHEAD — During a recent Select Board retreat, Chief Financial Officer Aleesha N. Benjamin presented a comprehensive financial update to the select board. Her presentation detailed long-standing inefficiencies, hopes to modernize outdated systems, and build a transparent, resilient financial infrastructure for the town. “This is going to be exciting. It’s going to be a complex
The price of homeownership remains out of reach for many Americans as home prices remain high and mortgage rates continue to hover close to 7%. The total number of unsold homes, including those under contract, was up 20% compared with the same time last year, according to the Realtor.com® June 2025 Monthly Housing Market Trends report. According
We’re all trying to save a buck or two these days, and with an economy as seemingly impossible as ours, many of us turn to the internet for advice on how to rein in our spending, budget our money, and save as much as possible. Among the more popular methods the internet loves is the
Here’s what the Senate removed from Trump’s ‘Big Beautiful Bill’ Here’s whats left of Donald Trump’s “Big Beautiful Bill” after Senate cuts due to the “Byrd rule.” President Trump’s spending bill introduces changes to student loan programs, including new borrowing caps and repayment plans. Graduate students will have a $100,000 lifetime borrowing cap, while medical
Trump administration begins sending default student loans to collections Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. Updated: 5:20 AM CDT May 5, 2025 Washington Bureau Reporter The Department of Education will begin reporting defaulted student loans to collections agencies starting
Balancing a budget, doing taxes, investing. All things many adults know how to do — but young people? Many aren’t so sure. There’s a bipartisan push to change that situation – but it’s run into some opposition in the mad dash to the end of the legislative session. HB 25-1192 would make one semester of
Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their
Do college graduates have regrets about their chosen majors? With the rising cost of college, Americans currently owe nearly $1.8 trillion in student loan debt. What majors are worth the money? The U.S. Department of Education will restart involuntary student loan collections on May 5. Borrowers in default for 270 days or more will face
In April 2024, according to LendingTree, a significant number of Americans reported struggling financially, with more than one-third of American households (36.4%) admitting to having difficulty paying household expenses. With the current state of the economy and inflation, things have only gotten worse. One of the primary reasons people struggle to make ends meet is
Living a life where we feel financially secure is ideal. In a world where bills are constant and we must pay for everything from rent or mortgages to car expenses, food, and more, covering the necessities can often feel overwhelming and stressful. Many of us also want to indulge in leisure activities and guilty pleasures.