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Student loans

For some people with student loans, resuming payments means turning to GoFundMe

by Ron Morgan
For some people with student loans, resuming payments means turning to GoFundMe

Student loan repayments resumed in October after a three-year pandemic-era pause and the Supreme Court this summer dashed hopes for relief by blocking President Biden’s plan to erase up to $20,000 …

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Federal Reserve may not hike interest rates. What that means for you

by Walter Watson
Federal Reserve may not hike interest rates. What that means for you

Credit card rates top 20% Most credit cards come with a variable rate, which has a direct connection to the Fed’s benchmark rate. After the previous rate hikes, the average credit card …

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Consumers buckling for first time in decade: Former Walmart U.S. CEO

by Walter Watson
Consumers buckling for first time in decade: Former Walmart U.S. CEO

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …

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Biden cancels an additional $9B in student loan debt

by Judith Hall
Biden cancels an additional B in student loan debt

By Nikki Carvajal and Katie Lobosco | CNN The Biden administration has approved debt relief for an additional 125,000 student loan borrowers, totaling $9 billion in forgiveness, the White House …

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Student loan payments resume October 1. Here’s what to know.

by Ron Morgan
Student loan payments resume October 1. Here’s what to know.

Millions of Americans with student loans will need to resume payments starting October 1.  The pause on student loan payments began in March of 2020 as part of a series …

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More than 800,000 student loan borrowers are getting billions of dollars in debt forgiveness this week

by Ron Morgan
More than 800,000 student loan borrowers are getting billions of dollars in debt forgiveness this week

This week, more than 800,000 student loan borrowers with billions of dollars in debt will start to have their loans discharged. The one-time account adjustment comes after the Biden administration …

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One-third of graduate schools leave their alums drowning in debt

by Ron Morgan
One-third of graduate schools leave their alums drowning in debt

New income-driven repayment plan could lower student loan debt bills New income-driven repayment plan could lower student loan debt bills 00:24 The idea of pursuing a graduate degree is to …

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Making Sense Of The Latest Student Loan Cancellation Announcements

by Anas Siddiqui
Making Sense Of The Latest Student Loan Cancellation Announcements

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on … [+] August 24, 2022 in the Roosevelt Room of the White House in Washington, …

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Biden forgives $39 billion in student debt for some 800,000 borrowers

by Walter Watson
Biden forgives  billion in student debt for some 800,000 borrowers

President Joe Biden announces new actions on June 30, 2023 to protect borrowers after the Supreme Court struck down his student loan forgiveness plan. Chip Somodevilla | Getty Images The …

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Supreme Court student loan ruling ‘misinterpreted’ Constitution

by Vera Ward
Supreme Court student loan ruling ‘misinterpreted’ Constitution

WASHINGTON — President Joe Biden said Friday he’ll give a second go at his student debt relief plan, rooting it in the Higher Education Act, after the U.S. Supreme Court …

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