Lynnette KhalfaniCox Profile picture
Personal finance expert, speaker, author of NY Times Bestseller Zero Debt. Seen on Oprah, Today, Dr. Phil, CNN, MSNBC, Dr. Oz, The Talk
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Mar 13, 2019 23 tweets 6 min read
I read the 204-page affidavit filed in the #CollegeCheatingScandal.

An FBI agent laid out exactly what happened. Here's a summary:

1. This college bribery scam started in 2001 and has NOT YET ENDED.

It is described as "continuing through the present." 2. The fraud involved 3 parts:

- bribing SAT/ACT test administrators to facilitate cheating on those exams;

- bribing varsity coaches & administrators at top universities to get students deemed as "recruited" athletes;

- masking the bribes as tax-deductible charity donations
Jan 16, 2019 14 tweets 8 min read
.@NYTimes says the typical federal worker has missed $5,000 in pay so far due to the #TrumpShutdown. Good analysis.

But let’s discuss the long-term impact & how this disruption will hurt the personal finances of our fellow Americans for YEARS to come. /1

buff.ly/2FuiC8x An economic shock, like the sudden loss of a paycheck, usually has very long-term negative effects. It’s not just a blip.

Even if people get their back pay, or land another job, this #TrumpShutdown will burn folks in many ways for months or years after it’s officially over. /2