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Personal Finance advice from Washington Post columnist Michelle Singletary - The Color of Money.

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Finaid.org clock offers sobering message about rising student loan debt

In Midtown Manhattan two years ago, the billboard-size clock that keeps track of the U.S. national debt ran out of digits when the figure ballooned to $10 trillion.




The Color of Money: It's unfair to call Social Security a Ponzi scheme

Perhaps nothing gets some people madder than if you trash their mama or dare to talk about Social Security.



Equity in your home doesn't translate to net worth

I have my own spin to put on the news that sales of existing homes plunged 27 percent in July: Stop thinking of your home as your cash cow.



Equity in your home doesn't translate to net worth

I have my own spin to put on the news that sales of existing homes plunged 27 percent in July: Stop thinking of your home as your cash cow.




The Color of Money: Basic lessons on credit cards for students

Entering freshmen at colleges across the country will be the first class of regular-semester students to face credit card restrictions under the Credit Card Accountability, Responsibility and Disclosure Act of 2009.



New rules on student debt shouldn't be limited to for-profit colleges

The Obama administration wants for-profit career colleges to better prepare students for gainful employment and to improve debt-repayment rates. The government is threatening to pull access to federal student aid for colleges that fail to show progress.




Don't like your banking fees? Tell the FDIC.

There are a lot of bank fees that deserve the "Slater Slide." Steven Slater is the JetBlue flight attendant who allegedly cursed an uncooperative and rude passenger, then opened an emergency exit and jumped down the aircraft's escape slide. He slid into infamy or history -- depending on your take...



Michelle Singletary: IRS decision means tax-refund loans will be harder to make

The Internal Revenue Service has dealt a hard blow to a tax product that has long needed to be knocked out.




The hottest housing market: Information

In the real estate world, there was one word that used to be the cardinal rule: location, location, location.



Insecure about securities? Lawmakers hope studies will teach otherwise.

Within the massive financial reform package is a requirement for no fewer than seven studies intended to help protect individual investors.



Consumer complaints rise as protection resources dwindle

State and local consumer-protection agencies across the country should pool their limited resources and start an advertising campaign called "Gotcha."



Direct-deposit Social Security benefits need protection from payday lenders

Over the years, I've met too many people who were stuck in a hellish payday-loan cycle, rolling one loan into another until the fees and the outstanding balance crushed them.



Race isn't the problem -- economic inequality is

Instead of focusing on the politics behind the firing and subsequent redemption of Agriculture Department employee Shirley Sherrod, we should consider what she was trying to tell us when she addressed the NAACP.



Obama should nominate Elizabeth Warren to lead new consumer protection bureau

Barack Obama promised enormous change in how our government was run when he was elected president.



Your money, not your age, signals when it's time to retire

My husband and I are hoping to retire -- or at least reduce our work schedules -- when our youngest child, who is now 9, graduates from college.