|Date ||Article Name||Location||About|
|09/11/14||33,000 senior citizens had Social Security garnished last year to pay back student debt||vox.com||Student Loans, Social Security & Senior Citi...|
|Student debt isn't just a problem for Millennials. It's increasingly common — though still very rare — among the elderly, who have $18.2 billion in student debt, according to a new report from the Government Accountability Office:
The total amount of student debt held by people over 65 is still very small compared to the $1 trillion in outstanding debt. But it's grown rapidly since 2005. And the report says that most of these elderly debtors borrowed for their own education, not their children's or grandchildren's.
|09/07/14||Retirement: When to start Social Security||usatoday.com||Social Security|
|Your Social Security can be worth more in golden years' income than your 401(k) or individual retirement account. The trick: Know at what age to best file for benefits.
Consider a married couple who both begin Social Security with a first-year combined benefit of just $23,304, based on the Social Security program fact sheet. As of Dec. 31, 2013, the average retired benefits recipient gets $1,294 a month and a spouse $648 a month. A retirement plan needs a value today of $543,147 to provide the same income as Social Secur...|
|09/02/14||How one family can collect 8 different Social Security benefits||pbs.org||Social Security|
|For some households, it makes sense for a worker to start reduced retirement benefits early in order to permit other family members to immediately start collecting Social Security benefits on the worker’s earnings record. The worker can then suspend his or her retirement benefit at full retirement age and start it up again at 70 at a 32 percent higher value after inflation.
This is the Start-Stop-Start Strategy I discussed in a previous column. Let me share an example of this strategy, which is particularly interesting b...|
|08/26/14||Obama tells veterans better mental health care on the way||reuters.com||Veterans Benefits, Barack Obama & Department...|
|President Barack Obama sought to make amends with veterans on Tuesday, announcing steps to expand their access to mental health care and an initiative with financial companies to lower home loan costs for military families.
The president was embarrassed earlier this year when it was revealed that the Department of Veterans Affairs (VA) had been covering up lengthy delays in providing healthcare to former military personnel.|
|07/31/14||U.S. Senate sends VA reform bill to Obama||azcentral.com||Veterans Benefits, U.S. Senate & Department...|
|Legislation to improve veterans' access to medical care passes easily in the Senate with minimal debate.|
|07/29/14||Poverty Part V: Ryan has good questions but few answers||delawareonline.com||Earned Income Tax Credit & Welfare Program|
|The challenge is how to provide support to the poor without reducing incentives to work.|
|07/29/14||Everyone's favorite anti-poverty program doesn't reduce the poverty rate||vox.com||Earned Income Tax Credit & Welfare Program|
|Of course, the Earned Income Tax Credit *does* cut poverty. But our official poverty statistics don't reflect that.|
|07/28/14||Medicare solvent until 2030, Social Security until 2033||cnbc.com||Medicare & Social Security|
|Slower growth in healthcare spending is shoring up the funding outlook for the federal Medicare program that covers hospital bills for the elderly.|
|07/28/14||Medicare, Social Security Disability Fund Headed in Different Directions||online.wsj.com||Medicare & Social Security|
|Two of the nation's biggest entitlement programs are on very different paths, government trustees said Monday—with Medicare's trust fund rebounding strongly, but Social Security's disability fund on the brink of exhaustion.|
|07/25/14||Paul Ryan and Obama support the same proposal — and it's still not going to pass||vox.com||Earned Income Tax Credit & Welfare Program|
|Ryan and Obama's identical EITC plans are paid for in dramatically different ways. And that's why they're doomed.|
|07/25/14||The poison pill at the heart of Paul Ryan's poverty plan||latimes.com||Earned Income Tax Credit & Welfare Program|
|Rep. Paul Ryan (R-Wis.), this week revived his quest to be taken seriously as a "reformist" conservative ("reformicon" is becoming the preferred terminology) by releasing a position paper on refashioning the federal government's poverty programs .|
|07/24/14||What is Paul Ryan's plan to expand the EITC?||vox.com||Earned Income Tax Credit & Welfare Program|
|To pay for an expanded EITC, this proposal would eliminate a number of ineffective programs, such as the Social Service Block Grant, the Fresh Fruits and Vegetables Program, the Economic Development Administration, and the Farmers’ Market Nutrition Program. It also would reduce fraud in the Additional Child Tax Credit by requiring the use of Social Security numbers.|
|07/24/14||Why the University of Phoenix’s Favorite Congressman Killed the GI College Aid Bill||thedailybeast.com||GI Bill, Student Loans & John Kline|
|Legislation designed to prevent for-profit colleges from gaming the federal aid system and exploiting veterans died within 15 minutes of being introduced earlier this month.
U.S. Rep. John Kline of Minnesota, the Republican chairman of the House Committee on Education and the Workforce, quashed the bill by ruling it nongermane to the topic of financial aid being discussed at his July 10 hearing.|
|06/11/14||Senate Republicans Block Student Loan Bill||hosted.ap.org||Student Loans & 113th Senate Republicans|
|Senate Republicans on Wednesday blocked legislation aimed at letting people refinance their student loans at lower rates, a pre-ordained outcome that gave Democrats a fresh election-year talking point against the GOP.
The 56-38 vote fell short of the 60 that would have been needed to advance to debate on the measure by Sen. Elizabeth Warren, D-Mass. Her bill would have let millions of borrowers, some with years-old debt and interest rates topping 7 percent or more, refinance at today's lower rates.|
|06/04/14||What went wrong at the VA?||vox.com||Veterans Benefits, Eric Shinseki & Departmen...|
|The Department of Veterans Affairs is embroiled in a scandal over massive wait times in its health-care system, particularly at one hospital in Phoenix, Arizona. The scandal is a really big deal: it led to the resignation of VA Secretary Eric Shinseki.|
|05/30/14||GOP ‘Runs Out the Clock’ on Unemployment Insurance||thefiscaltimes.com||Unemployment Benefits & Republican Party|
|Advocates for the long-term unemployed are furious that Congress is set to leave town on another recess without acting to assist the long-term jobless.|
|05/29/14||Stocks edge higher after unemployment claims fall||usnews.com||Unemployment Benefits|
|Stocks are edging higher in midday trading as traders look over some mixed news on the U.S. economy.|
|05/29/14||Why Unemployment Insurance Won’t Be a Campaign Issue||thefiscaltimes.com||Unemployment Benefits|
|Democrats on Capitol Hill pounded Republicans for blocking an extension of the Emergency Unemployment Compensation program this spring, but it’s a subject that most political analysts expect will receive little attention on the campaign trail.|
|05/28/14||President Obama’s plan for rating colleges is promising, because college presidents hate it.||slate.com||Student Loans, Pell Grants & Colleges and Un...|
|Barack Obama’s plan for a universal rating system for America’s colleges and universities, announced last year and the subject of a New York Times front-pager this week, is bad news, say the nation’s college presidents. Given many college presidents’ lack of regard for the students they ostensibly serve, is it any wonder that I think it might actually be a good idea? The proposal as it currently stands—in its “version 1.0,” according to White House official Cecelia Muñoz—is tremendously flawed, but most of its flaws have f...|
|05/28/14||Proposed rule would hurt poor students, for-profit U.S. colleges say||reuters.com||Student Loans, Obama Administration & Poor|
|Nearly half of students attending for-profit colleges in the United States could lose federal aid if the Obamaadministration implements a new rule on public disclosure of the schools' performance and earnings, according to a report prepared for the colleges and released on Tuesday.|