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White non-Hispanic families in the U.S. have a median wealth of $188,200, compared with $36,100 for Hispanic families, according to data analyzed by the Brookings Institution. In 2016, about half of Hispanic families weren't able to contribute anything to the costs of their children's higher education, UnidosUS, an advocacy organization, found. Overall, Latinos borrow less than their white peers to pay for college, but "they face challenges repaying student loans when they do borrow," said higher education expert Mark Kantrowitz. Most Latinos at institutions of higher education are the first in their families to go to college. Elizabeth Zamudio vice president of education at UnidosUS
Persons: Ana Paula Cortes, David Ferreira, Inequity, Cortes, Elizabeth Zamudio, Mark Kantrowitz Organizations: Center for, Brookings Institution, UnidosUS, Gallup Locations: Mexico, U.S
They don't split their $1,900 monthly rent 50-50 but instead according to their income levels, since it is their biggest expense. Talk about money like you do the dishesJust as cleaning the kitchen and vacuuming need to be done on a regular basis, so do certain financial tasks, Whitman said. "Include financial management as one of the chores when making a list of who does what," Whitman said. Whitman also suggests regular chats about your financial goals, big and small. Couples might have "money dates" once a month to discuss their financial anxieties and aspirations, said Daigle, a member of the CNBC FA Council.
Persons: Wynne Whitman, Whitman, Hailey Pinto, Pinto, Sophia Bera Daigle, Daigle Organizations: Pew Research, Gen, CNBC FA Locations: Connecticut, Charlotte , North Carolina, Denver, Austin , Texas
Their tipping behavior might be especially revealing, said Irina Manta, a New York-based dating coach and consultant. Simply put, not leaving a good tip — or any tip — can be a huge turn off, Manta added. Blaine Anderson, a dating coach for men in Austin, Texas, agreed, Tipping "is important because it can be a proxy for how you treat everyone in your life." 'Make sure you're doing the minimum'But if you're confused about how much to tip and when on a date, you're not alone. Manta, the New York dating coach, said it was bad form to be too nosy about your date's tipping practices.
Persons: Daria, Istock, Irina Manta, Manta, Blaine Anderson, Nick Leighton, Leighton, Post, Anderson, Sherlock Holmes Locations: New York, Austin , Texas, York
People rally in support of the Biden administration's student debt relief plan in front of the the U.S. Supreme Court on Feb. 28, 2023. Following a Supreme Court ruling last month that effectively killed President Joe Biden's original student loan forgiveness plan, the White House is quickly moving ahead with a new strategy to deliver people relief. This time, Biden will rely on a different law to try to legally erase student loan debt — the Higher Education Act. The justices concluded he didn't have the power to do so under the Heroes Act of 2003. This new plan is the topic of an open hearing Tuesday at the U.S. Department of Education, where members of the public can weigh in on the latest relief package and learn more about how it will work.
Persons: Joe Biden's, Biden, didn't, Mike Pierce, Cash Organizations: Biden, U.S, Supreme, Higher, U.S . Department of Education, Protection, Finance
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