Most of the borrowers who will benefit from the latest wave of relief are teachers, nurses, firefighters and others in public service.
Category: Student Loans
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For Some Young People, College Is Not Worth the Debt
Because of high costs, some high school graduates have opted to delay, drop out of or forgo attending college all together to avoid student debt that could hang over them for decades.
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Some Student Loan Borrowers May Be Eligible for Forgiveness Sooner
Next month, federal student loan borrowers may have their debt canceled if they are enrolled in the SAVE plan, initially borrowed $12,000 or less and made 10 years of payments.
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Lugging Credit Card Debt Into 2024? Now’s the Time to Make a Plan
Most Americans with card debt have not outlined a way to bring it down, a new report says. There are ways to get help.
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Student Loan Payment Restart Troubled by Long Hold Times and Wrong Billing Statements
The Education Department reduced payments to its loan servicers as the consumer bureau spotlighted mistakes.
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As Student Loan Collections Restart, Millions Are Not Yet Paying
After a pandemic freeze, 22 million people received their first bill in years in October — and around 60 percent paid, the government said.
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Holidays Well Spent
“I just never realized how much ornaments add up!” Seventeen people on the streets of New York City talk to us about holiday spending.
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What the Fed’s Moves Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
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How Millions of Borrowers Got $127 Billion in Student Loan Debt Canceled
The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed to eliminate billions in education debt.
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What Fed Rates Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
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‘Maid’ Pulled Stephanie Land Out of Poverty. She Still Worries About Money
Despite writing a best seller that became a hit Netflix series, Ms. Land says she still worries about her job security.