After the Supreme Court blocked President Joe Biden’s proposed one-time student debt cancellation, paying off federal student loans became even more challenging for millions of Americans. Not only is Biden’s forgiveness program no longer happening, […]
When it comes to higher education, Native Americans face obstacles. Educationdata.org says that postsecondary attendance among American Indian and Alaska Native students “has been in decline since 2010.” Only 0.7% of college students identified as […]
The national unemployment rate in May was 3.4%, the same as in April 2023, edging down from 3.5% in March, proved that the tightest labor market in decades is showing no signs of loosening. In fact, […]
President Joe Biden vowed to keep fighting to deliver relief from federal student loan debt to millions of Americans hours after his plan was rejected by the highest court in the land. The President said […]
It’s a burning question for anyone who’s paying down their student loans and that question has been answered. No, the student loan forbearance that was begun in 2020 because of the Covid-19 pandemic shutdown will not […]
On June 30, President Biden said he had created a new repayment plan, “so no one with an undergraduate loan has to pay more than 5 percent of their discretionary income.” The SAVE Plan is […]
The role of the Federal Deposit Insurance Corporation (FDIC) in protecting depositors’ bank accounts is important for everyone to understand. Most banks are insured by the FDIC, but not all. Moreover, there are usually limits […]
Launching a small business is running into some tough headwinds. Economic conditions could be creating a credit crunch, a situation where banks may significantly raise their lending standards. However, there are still success stories to […]
Assuming a mortgage means that the buyer of a home is able to take over the seller’s existing mortgage. When mortgage assumption is possible, it may help a buyer score a lower interest rate and […]
Our pets deserve top-notch medical care. That’s why when the veterinarian bills are sizable, it can be stressful. How to pay for this on top of all the other expenses you’re juggling? The need is […]
Is it too late to protect your home from freezing temperatures — and from soaring energy bills? Not at all. Anything you can do at any point this winter would be worth your time. The stakes […]
On Nov. 22, 2022, the U.S. Department of Education announced another extension of the pause on student loan repayment, interest, and collections. Payments may not resume until as late as 60 days after June 30, 2023. […]
Students currently enrolled in college and graduate school are eligible to apply for forgiveness of up to $20,000 of the federal student loans they’ve received if they meet certain family income requirements, according to […]
It can be hard to wrap your mind around the size of college student debts in America. When you’re talking about education-financing trends, the numbers are … huge. To the tune of $1.7 trillion […]
This is the fifth installment in a five-part series. Part Four: “Being Your Own Boss: Benefits, Drawbacks, and Tips” There might not be such a thing as having too many resources when it comes […]
It takes guts to start your own business. But many people, after weighing the pros and cons, feel they can’t not make this move. As Amazon’s Jeff Bezos said, “I knew that if I failed, I wouldn’t […]
This is the third in a five-part series on small business success. Part Two: “You Built It, Why Didn’t They Come? Questions about money come with the territory when you’re starting a small business. At […]
This is the second in a five-part series on small business success. Part One: “Mistake-Proof Your Business Idea.” For the last 25 years, the number of Americans starting their own small business has gone […]
Mistake-Proof Your Business Idea You’ve got a vision for starting your own small business, and you’re far from alone. Today in America, 32.5 million small businesses employ a number of workers that ranges from […]
On Aug. 24, 2022, President Joe Biden ended months of speculation by announcing that each American who earns $125,000 or less per year ($250,000 for married couples) will be eligible for $10,000 in federal student loan […]
The average student borrower takes 20 years to pay off their student loan debt, according to a recent report. In the U.S. there is nearly $1.75 trillion in total student loan debt, with about 46 […]
With retail interest rates set for another bump following the Federal Reserve’s expected half-point hike this week, student loans are coming into even sharper focus. The historic low interest rates of recent years may soon […]
Call it the silver lining to the second year of the pandemic: The lockdown has led to a deeper sense of fulfillment. That’s the surprising finding in a SoFi survey of 327 members conducted in […]
Most people want to refinance their student loan to help their financial situation. So, the possibility of hurting your credit by going through the process of refinancing is alarming. Fortunately, any harm done to your […]
Refinancing your student loans before you apply for a mortgage could put you in a better financial position — but only if the timing is right and the loan terms are advantageous, say finance advisers. […]
Your car loan’s interest rate might be higher than you’d like, particularly at a time when inflation eats away at your paycheck. But if you had a “bad” credit rating when you got the car loan, […]
When you’re in the middle of a divorce, stress could be coming at you from every direction. One source of major anxiety is money. That’s why some people turn to a loan to pay for […]
It’s easy to get confused about the difference between co-ops and condos. If you pulled up pictures of each during a home search, they might seem exactly the same. But if you’re in the market […]
The news that U.S. inflation has hit 7% not only makes people recoil at the sticker shock at the gas pump and in the grocery store aisles, but it also leads to some questions about what’s […]
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