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Health Effects of Unemployment 07/24/2020 12:00am • Since the coronavirus pandemic was declared in mid-March, many Americans have suffered job losses. As of this writing, the national unemployment rate stands at 11.1%, and some 17,750,000 people are unemployed. This paints a bleak economic picture as a whole, but individually, it could have far reac Alternative PPP Loans: What Are Your Options Now? 07/24/2020 12:00am • Federal forgivable Paycheck Protection Program loans have provided a lifeline for millions of small business ailing from the coronavirus pandemic, but now some lenders have stopped accepting PPP applications. Lenders are taking a cautious approach right now, says Gerri Detweiler, education director Maryland group says 35% or 40% of restaurants may close for good 07/23/2020 11:23am • Dire predictions for the restaurant industry are getting even worse as the coronavirus pandemic continues to limit business by keeping people away from gathering together indoors. Initially, the Restaurant Association of Maryland predicted that 25% of restaurants in the state would need to close How to Build a College Budget 07/23/2020 12:00am • The cost of a college education has risen faster than inflation and remains a significant financial concern for many families. Average tuition and fees at an in-state public college was $10,116 for the 2019-2020 year, according to U.S. News data. For out-of-staters, that amount was $22,577. At priv Should You Use a Credit Card Loan? 07/23/2020 12:00am • If you need money for an upcoming expense or are struggling to make ends meet because of the coronavirus, your credit card may offer a hybrid type of loan that could help. A credit card loan requires neither a credit check nor an application, removing some of the traditional barriers to loans, and a Smart Money Moves if Coronavirus Forces Colleges Online This Fall 07/22/2020 12:00am • Many college students will find themselves learning in an entirely online or hybrid format this fall as the U.S. outbreak of the novel coronavirus worsens. The pandemic caught colleges and families by surprise in the early months of 2020, but ahead of the fall semester, college students have the opp What to Know About Student Loan Origination Fees 07/22/2020 12:00am • When looking for an education loan, some borrowers overlook the student loan origination fees charged by some lenders. These borrowers may be surprised to see that they receive less money than the total amount borrowed, and, in some cases, make inaccurate comparisons between student loan options. Un Retirement Planning Mistakes to Avoid During Coronavirus 07/22/2020 12:00am • With COVID-19 disrupting everything from daily life to stock prices, it can be tough to set financial goals and make plans for retirement. "For the last few months, we've seen very volatile movements in capital markets, which has caused fear and uncertainty in investors," says Lauren Anastasio, a c Sectors That Could Capture Gains This Year 07/21/2020 12:00am • The exponential rebound in the stock market after the lows in March due to the coronavirus pandemic remains a concern for market strategists who caution investors to be wary about rapid turnarounds in some key sectors. The energy, financial and industrial sectors performed the worst during the pand Why you shouldn’t wait if you’re thinking about a job search 07/20/2020 08:46am • Low unemployment rates continue to translate into job opportunities, many specific to the Washington, D.C., region. (Getty Images/iStockphoto/artisteer) With unemployment extremely high, now might not seem like a good time to be looking for a job. But, depending on the profession, it actually is Are Md.’s Congressional incumbents hoarding cash for post-redistricting 2022 election? 07/17/2020 07:00am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Maryland’s eight congressional incumbents continue to have ridiculously lopsided financial advantages over their challengers, the latest c Tenant advocates fear 'tsunami of evictions' in DC 07/16/2020 08:11pm • Losing a job and looking for a new one during the pandemic is a struggle that many D.C. residents are currently facing. When paychecks do not come in, many are finding it difficult, if not impossible, to stay current on rent. That fact has tenant advocates worried about what will come when the fr The Guide to Title Insurance 07/16/2020 12:00am • Your offer on a home has been accepted, and you're ready to start preparing for closing. Especially if this is your first home purchase, the list of things you need to do next may seem endless, from submitting the final paperwork for your mortgage application to scheduling the inspection. The bit th How to Decide If Going to Medical School and Being a Doctor Is Worth It 07/16/2020 12:00am • Becoming a doctor requires a lot of time and effort, and it often involves going into debt. So potential physicians need to seriously consider whether the benefits of a medical career outweigh the challenges. "People may think they have an idea of what a doctor is -- prestige, respect from others, a Money Moves You Will Be Thankful For 07/15/2020 12:00am • Take these steps to improve your finances now. There is no time like the present to start improving your finances. "Procrastination is the No. 1 reason people fail in retirement," says Luke Lloyd, wealth advisor and investment strategist with Strategic Wealth Partners in Independence, Ohio.However,