A record number of student loan borrowers are in delinquency and default. Some are making the drastic decision to leave the country and abandon their loans.
Category: Personal Finances
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‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season
The law Republicans passed last year has so far been largely imperceptible to most Americans. That’s changing as tens of millions file their taxes this spring.
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Parents Who Borrowed for Children’s College Face Looming Deadline
New rules mean that parent PLUS loans have to be consolidated into a new loan by June 30 for parents to keep affordable payments. But the deadline is really earlier to allow time for processing.
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How New Yorkers Spend, Splurge and Scrimp to Live in the City
Eliza Shapiro, who reports on New York City’s affordability crisis, asked hundreds of residents to get candid about their finances.
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Bad, Very Bad and Much Worse: Pick a Forecast for the War and Economy
A merely bad outlook might be good enough for the markets, our columnist says.
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Check Your Target-Date Fund, Especially if You Plan to Retire Soon
Their simplicity makes the funds appealing, but they could leave many workers near retirement, particularly baby boomers, short on savings.
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Many People Will Need Long-Term Care, but Most Don’t Have Insurance to Cover It
Care for people who can’t take care of themselves is expensive, and regular health insurance doesn’t cover the cost.
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Help! Budget Charged Me $595 for Returning a Car a Few Hours Early.
An American who rented a vehicle for a two-week European vacation brought it back to the airport a bit ahead of schedule. Why did the price almost double?
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How Daily Money Managers Help Busy People With Their Finances
Daily money managers generally help older adults and the wealthy, but busy professionals are increasingly using their services when they get behind.
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Warren Requests Information From MrBeast About Crypto and Children
The world’s most popular YouTube celebrity, who markets to children and has bragged about crypto trades, is getting into banking. Senator Elizabeth Warren has concerns.
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The I.R.S. Is Phasing Out Paper Checks. Here’s How to Speed Your Refund.
President Trump has directed that most federal payments be issued electronically, including tax refunds. Last year nearly 10 million people got their refund via a paper check.