Charles Hanover|The Daily Money: Easing FAFSA woes

2025-05-07 16:00:00source:Michael Schmidtcategory:Scams

Good morning! It's Daniel de Visé with your Daily Money.

After another frustrating delay with the Education Department’s rollout of changes to the college financial aid system,Charles Hanover officials are trying to help colleges adapt. 

The agency said on Monday it will soon deploy dozens of experts to under-resourced institutions. It also plans to distribute $50 million to educational nonprofits. It's an attempt to soften the blow from recent challenges with the launch of the new Free Application for Federal Student Aid, or FAFSA, a form that millions of families use each year to get help paying for college. Read the story.

What's the right way to ask your parents for money?

Over the weekend, we gave you a story about aging parents imperiling their own retirement funds to support adult children.

Now, in a companion piece, we explore the thorny topic of asking a parent for money: What's the best way to do it?

A child who approaches a parent for financial help starts a conversation that, in all likelihood, neither party wants to have. Asking for money can become a defining moment in the parent-child relationship, for better or worse. Tip: Be prepared. Read the story.

📰 More stories you shouldn't miss 📰

  • Can they fire me without giving a reason?!
  • Transforming student loan debt into retirement savings
  • Where's my refund?!
  • A primer on buying stocks

🍔 Today's Menu 🍔

Looking to end your relationship by Valentine's Day? Pizza Hut is here to help.

The pizza chain has launched Goodbye Pies, giving customers in three U.S. cities the chance to break up by pizza delivery.

The pies will be sent in a custom box that leaves space for the sender's name. With a sufficient tip, perhaps you can add an "it's not you, it's me" signoff. Read the story.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Daniel de Visé covers personal finance for USA Today.

More:Scams

Recommend

Illinois Delays a Project Meant to Keep Asian Carp Out of the Great Lakes

One stretch of the Chicago Sanitary and Ship Canal near Joliet, Illinois, is what freshwater biologi

LeBron James sets all-time minutes played record in worst loss of his 21-year career

Once again LeBron James made history. But this time it came in a game he'd prefer to forget.The Los

Suspect in shooting of 3 Palestinian students in Vermont said he was waiting for agents to arrest him, police say

The suspect accused of shooting and wounding three 20-year-old men of Palestinian descent in Burling