Tag: young adults

older couple with advisor discussing finances

It’s usually not talent or street smarts or brains that make people wealthy and comfortable. It’s the luck of having rich parents. But there is another way to get there, one that is within reach: becoming the first generation in the family to earn a college degree. A new study by the Federal Reserve Bank…

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Education is the fastest ticket to a higher income, more opportunities, and a better quality of life. But four-year college is often a tough road for the pioneering first in their families to attend. They have at least two big disadvantages – apart from the well-known financial one.  Unlike the teenagers of the highly educated…