Students commonly wind their honors program cord and their major or minor cord together to create one multicolored cord. Other honor programs may require graduates to wear special cords. For example, graduates who are also members of Lambda Pi Eta, a nationally recognized honor society for communication majors, may also wear crimson colored cords on graduation day. A female graduate wears a crimson sash and tassle.
PMI fees vary from around 0.3 percent to about 1.5 percent of the original loan amount per year, depending on the size of the down payment and the borrowerâs credit score. It remains to be seen whether PMI premiums will continue to be tax-deductible. The PMI deduction expired in 2016, and the federal tax code is in flux as the Trump administration tries to overhaul it. Why wait to buy the house you want? Mortgage rates are low, so compare loans today.
if your average tax rate is 25 % you ll have to shell out $ 1500 25 % of $ 6000 on that amount of forgiven debt so though you originally were saving $ 6000 you re really only saving $ 4500 after taxes which is still significant but can be a really rude awakening at tax time