The latest on millennial money, free college, and financial advice for creatives
Here are some favorite personal finance reads from around the web this week.
Financial advice for artists from four experts
—Artsy
We’ve all heard the stereotype of the broke and starving artist. But being an artist doesn’t mean you shouldn’t have a financial life! Here’s some much-needed advice specifically for creatives on how to draw up a good plan for your money.
Millennial workers got the biggest pay bump in 2016. Here’s why that helps everyone
—Mic
Some good news! New census data shows that median household income increased in 2016, especially for Millennials. And the number of young people without health insurance fell by over 10%.
Got student debt? Soon your employer might help with that
—Buzzfeed
Fidelity is rolling out a new program that will let employers help pay off student loans. While this is a step in the right direction, it doesn’t tackle the root issue of soaring college tuitions. Still, it could make student debt more manageable for many.
A simple way to bring down college-application costs
—The Atlantic
Applying to college comes with loads of fees. They might be small—it costs $12 to send an ACT score—but can really add up during the college application process, disproportionately affecting low-income students. Here is a simple way to lose some of these “microbarriers.”
The first New Yorkers go to college tuition-free
—CNBC
A few months ago, New York announced its free college tuition program, Excelsior, a major step in the right direction for not only education, but also for student debt. Meet the first students to attend college for free under this initiative.
5 steps to opening a 529 college savings account
—Forbes
So you’ve listened to the advice and decided to open a 529 for your kid (hooray!) Now what? Opening an account can be confusing. Here is a detailed, step-by-step guide on how to get started saving for your child’s college education.
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