Median rent by apartment size Bedrooms Median Rent 0-1 $1,650 2 $1,920 3+ $2,199 Source: Redfin, data as of August 2025. Regional Variation In general, rents remain highest in larger cities and lower in smaller metropolitan areas and rural counties. In August 2025, New York City posted a median monthly asking rent of $3,397. When […]
KEY TAKEAWAYS The “One Big, Beautiful Bill” lowers the amount of federal student loans many families will be able to take out for their undergraduate students starting in the next academic year. Personal loans, such as home equity loans, bank loans, or 401(k) loans, may offer better terms than some private student loans—but they are
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The share of college graduates earning two majors has doubled in the past decade as students seek an edge in an unpredictable job market. Double majors face significantly less earnings risk than single majors, especially when the fields are unrelated, a 2024 study by the National Bureau of Economic Research (NBER) found. Double majors have
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The practice of parents paying their kids an allowance is still going strong. A recent Wells Fargo survey found that 71% of parents who have children between the ages of 5 and 17 give them an allowance, averaging $37 a week. However, about half of parents who responded to the survey struggle to discuss money
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Key Takeaways Three Fed officials said Friday they disagreed with the Fed’s decision to cut the central bank’s key interest rate by a quarter-point this week. The Fed cut interest rates to preserve the job market, and the diverging views reflect the difficulty of its dilemma as it pursues a dual mandate to maintain high