Automation can be among the more powerful tools to set people on the path to saving for retirement. But in some situations, like when seeking early retirement, you may need to go beyond automation to reach your goals.
The Biden administration has used executive action to cancel billions in student loan debt for hundreds of thousands of borrowers. But so far, the enacted student loan forgiveness has been highly targeted to benefit narrowly-defined categories of borrowers.
The Department of Education is sending out mass notices to borrowers about the student loan pause, warning them that they will have to resume repayment soon.
Artificial Intelligence and its inherent bias seems to be an ongoing contributing factor in slowing minorities home loan approvals. Specifically, 80% of Black applicants are more likely to be rejected, with 40% of Latino applicants, and 70% of Native American applicants are likely to be denied.
A funny thing happened on the way to that $56,00-a-year Alzheimer’s drug: Payers are reluctant to pay, providers are reluctant to prescribe, and the price is coming down—at least for some patients.