The Daily Money

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Tue Feb 6 2024

Daniel de Visé | Personal Finance Reporter

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, 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.

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🍔 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.

Education Department steps in to try to ease colleges' FAFSA woes

Before helping your child take out loans make sure you understand the benefits and drawbacks.

After repeated delays in the new simplified FAFSA rollout, the Education Department says it's providing people, money and new tools to schools to help.

READ MORE