With life’s busy schedule, it’s hard for most of us to dig through all the information thrown our way. Each week we scour the media universe to find the most interesting and helpful articles, so you don’t have to. Take a look at what we’re reading this week.
What if elite colleges switched to a lottery for admissions?
The aftermath of the college admissions bribery scandal has pundits and politicians proposing new ideas to level the playing field for admissions to elite universities. A lottery idea has been tossed around by the likes of senators and analysts, but would it fix the broken system? (NPR)
Pay back your Venmo balance
Peer-to-peer payment app, Venmo, wants users to pay it back. The PayPal-owned service told users earlier this week that if your account has a negative balance, you should pay it back ASAP or risk having the debt sent to a collection agency. But some users are fighting with Venmo after claiming their negative balances are due to hackers and fraud. (Lifehacker)
More than 100,000 people waiting on student loan relief
A court ruling last year said that the Department of Education must follow existing rules that help students defrauded by schools get their student loans thrown out. But a new report says that more than 100,000 borrowers are still waiting to get an answer on their applications showing that they were victims of fraud and should have their loans wiped away. In fact, recent data showed the department processed no applications at all between June and September of last year. (CNN)
There are 5 types of money marriages: Which do you have?
No matter how you do it, having some kind of agreement on finances is essential to a healthy relationship. Learn more about your money marriage, and check out the alternatives, with this informative guide. (PureWow)
Home remodeling projects with the best return on investment
While you’re doing your spring cleaning, you may decide it’s time to update some parts of your home. But before you head to the hardware store, make sure your project is worth whatever you’re going to put into it. (The Street)
8 things I always buy at Target
If you’re not on board with the cult-like love of Target, you might be overspending on everyday supplies. Check out these items you can usually find for the best price around at Target. (MoneyTalksNews)
I almost fell for this Social Security phone scam
Robocalls continue to frustrate consumers all over the country, with regulators unclear on how to handle them. The scams are typically easy to spot, but some are getting trickier. This scam tells victims that there’s trouble with their Social Security number, a call that could have unsuspecting recipients sweating. Here’s what you need to know. (Money)
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