Most Americans with card debt have not outlined a way to bring it down, a new report says. There are ways to get help.
Category: Student Loans
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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.
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Treasury Report Shows $1.7 Trillion Deficit
The widening gap between what the government spends and what it earns comes as Congress continues to spar over the proper levels of federal spending.
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A New Effort to Make College Aid Offers Easy to Understand
After years of criticism about financial aid letters that are confusing and sometimes misleading, about 400 schools have agreed to bring “clarity” to their communication.
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Despite the economy’s resilience, the outlook is hard to gauge.
With chaos lurking in Washington, interest rates surging and student loan payments resuming, the recovery faces new challenges.