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"My friend really wanted to keep her father's condo, but her mother sold that too — and it broke her heart."
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Science news this week: A human population isolated for 100,000 years, the biggest spinning structure in the universe, and a pit full of skulls Live ScienceScientists discover one of our universe's largest spinning structures — a 50-million-light-year-long cosmic thread SpaceAstronomers spot one of the largest spinning structures ever found in the Universe University of Oxford'Tornado' of Galaxies Is The Longest Spinning Structure Ever Seen
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San Diego Agrees to Pay $30 Million to Family of Teen Killed by Police The New York TimesSan Diego agrees to pay $30m to family of boy, 16, shot dead by police The GuardianCity of San Diego to pay $30M to settle wrongful death suit of 16-year-old boy cbs8.comSan Diego poised to pay $30M settlement for family of teen fatally shot by police San Diego Union-Tribune
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How Crumbl CEO Jason McGowan's ‘love bomb' helped keep Kalani Sitake at BYU The New York TimesSources: Penn St. turns focus to ISU's Campbell ESPNIowa State football, updates on Matt Campbell and Penn State The Des Moines RegisterPenn State ends 54-day search with hire of $40 million college football coach Sports Illustrated
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The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million.
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As college costs continue to rise, it's becoming increasingly difficult for students to pay for it themselves. The total student loan debt in the United States has risen to a staggering $1.75 trillion. This has led many parents and grandparents to want to help carry a portion of their child's or grandchild's college debt. They shouldn't jeopardize their own financial future by entering retirement with someone else's student loan debt, though.
SEE MORE Tax Breaks to Help You Pay for College
Even so, the number of adults over the age of 62 with student loan debt has reached a startling 2.4 million borrowers. If parents and grandparents plan on helping to pay for college, they need to plan ahead to stay debt-free in their golden years. There are many ways they can start planning now to help with college costs while still saving for their retirement.
529 plans offer tax advantages
529 plans are investment accounts that can be used to pay for education for a specific beneficiary. Choosing a 529 plan also comes with tax benefits. It will grow federal tax-free and will not be taxed when the money is taken out. It's important to note that you can use a 529 plan from any state to help cover education expenses in any other state. However, depending on the state you live in
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