Help Your College Grad Become an Investor

Finding the right gift for a college graduate can be tough. It’s nearly impossible to pick out the latest gadget—let alone the latest fashions—and just cash may strike you as too impersonal. So what can you give a young person, just starting out, that would be useful and meaningful? #personalfinance

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This is the worst financial mistake a grandparent can make

When seniors default on federal student loans, their Social Security benefits can be docked to repay the debt. As much as 15 percent of your benefit payment can be withheld. If there is a silver lining, it’s this: Your Social Security benefits can’t be dunned for defaulting on private student loans. But the lender can still take you to court to try to collect the amount due. #personalfinance

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