University of California

Is This the Answer to the Student Debt Crisis? FixUC's 5% Solution

College tuition just keeps rising, and student loan debt is at an all-time high, leading to hefty loan payments that can overwhelm earners early in their careers. But a group called FixUC has a radical proposal to re-think tuition that could make everyone happy.

Waiting to Inherit: Not a Sound 'Financial Plan'

An estimated two-thirds of baby boomer households will receive an inheritance at some point, with a median amount of $64,000, according to an AARP study. I recently received an email from a reader who has fallen deeply into debt in anticipation of her legacy -- and is now worried that her bailout may not be at hand:

For Retirement Planning, Words Matter

In matters of life and death, it turns out that semantics matters. When researchers asked people what age they would "live to," compared with what age they would "die by," people's expectations shot up by an average of nine years. Here's why that could have a big impact on annuities.

Castle Air Force Base Learns a Hard Lesson in Reinvention

When the government closed California's Castle Air Force Base, the future looked grim for nearby Merced County. Yet, even though the area's unemployment and foreclosure rates are among the highest in the nation, the community is starting to stage a comeback.