📊 Baby boomers hold 50%+ of U.S. wealth, while 53% of grandparents are now helping fund college for their grandkids. FAFSA updates make 529s more powerful than ever. Grandparents are quietly shaping the future of education.
#FinancialLiteracy#CollegeFunding#GrandparentsMatter
https://t.co/R3wiChxxFp
🌟 Not all assets are reported on the FAFSA! 🏠💰 Exemptions include retirement funds, small businesses, and home equity. Report other assets to maximize aid! 📚 #FAFSA#FinancialAid#CollegeBound https://t.co/3fcvhYtADe
Proud that @sootchycharity is the financial education partner powering the new EMLI cohorts. Already engaging families in Urbana (IL), Jonesboro (LA), Broadview (IL), California City (CA) & Mound Bayou (MS)—with more to come. #EconomicMobility#FinancialEducation
Stronger futures start where we live. CEO Phyllis Dickerson took the @ArkansasMayors' gala stage Saturday w/ @Frank ScottJr & Wrightsville, AR Mayor Derrick Rainey to discuss the EMLI program designed to help families plan, save & build wealth. It launched this week.
#OurMayors
Newark is planting seeds of opportunity.
3,000 kindergarteners will receive 529 college savings accounts with seed deposits, thanks to $150K grant from @Prudential.
Financial literacy, college planning & real investment, starting day 1.
#Newark#CollegeSavings#EducationEquity
Over 45M Americans owe $1.7T in student loans, while 60% of families lack a college savings plan. Financial literacy is key to planning ahead. By understanding financial tools, we can help the next generation pursue education without the burden of debt.
Our children should have complete access to financial literacy courses. Considering the difference it would make to their life after high school — it’s a shame that a financial elective is not yet required.
But team Sootchy is here to help!
[email protected] 🐬
#NoDebt#FinT
Canceling up to $50,000 in student loan debt would immediately increase the wealth of Black Americans by 40%.
This is an economic and racial justice issue.
And to all the other successful Black entrepreneurs, corporate leaders out there, it is important we rally around our Black mayors. They are closest to the issues affecting our communities.
Regulators propose first major revamp to fair lending, housing rules since 1995 @CNBC. Hopefully the beginning of the end for “redlining”, a practice that has kept millions of poor and underrepresented people of color from building wealth in our country. https://t.co/IZ8n4AnyRR
@SylvesterTurner@OurMayors@POTUS I can’t wait to work with you and get every underprivileged child in Houston the access and opportunity to attain a higher education with no student debt; so that we can continue the journey you started 3 decades ago to break our generational cycle of poverty.
@SylvesterTurner the venerable mayor of the great city of Houston, and outgoing president of @OurMayors was the first mayor I got to spend time with on Day 1 of the annual conference in DC last weekend.
And WOW! It would’ve been worth the trip to DC to watch Turner “work”.