Red and blue colleges

Red and blue colleges

Welcome to The Money, where we break down financial news and provide the TL;DR version of how decisions by the Federal Reserve, government and companies impact you.

Politics are dividing neighbors, families and friends. Now, they're also dividing our kids and affecting their educational decisions.

More than one-quarter of college applicants have ruled out a school solely because of the political climate in its state, a new survey released Monday by Art & Science Group finds.

And those concerns span the political spectrum.??

Liberal applicants exclude colleges in states with restrictive abortion laws or lenient gun laws, the survey found. Conservative students avoid applying to schools in states with liberal LGBTQ laws and lenient crime statutes.???

Breaking up made easier

Ever been trapped into paying for a subscription or membership you no longer want or need but can't cancel? Breaking up with your gym or streaming service is about to get a little easier.

The Federal Trade Commission on Wednesday adopted a “click to cancel” rule that requires businesses to make it as easy to cancel a service as it was to sign up.

Signed up online? Click to cancel. Signed up in person? Cancel online or over the phone.

Immigrants can help revitalize your neighborhood

Sharon Cornelissen, director of housing at the left-leaning nonprofit Consumer Federation of America, has studied distressed communities extensively, including in a three-year research stint in Detroit. Inflows of immigrants to such areas are a “virtuous circle,” she said, and local housing markets are often revitalized.

“There's often love and sweat equity that people put into their homes,” she said. “We see home prices stabilize and go up.”

?? More stories you shouldn't miss ??

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Worth attending ?? ?? ?? ?? ?? ?? Very helpful

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