Tag: parents
A dramatic increase in 1993 in how much parents are permitted to borrow from the federal government for their children’s college is coming home to roost. Since then, average debt through the parent PLUS loans has more than tripled, adjusted for inflation, according to a Brookings Institution report. About one in 10 parents owe mor…
Created in the 1930s, Social Security’s spousal benefit – it’s half of a retired husband’s benefit – was the way to compensate housewives for the work of raising children. The world has changed, but Social Security hasn’t been modified to reflect the rise of the full-time, working mother. Today, married women frequently have earned enoug…
