Student loan payments could restart in September. How to prepare now

Carol Yepes | Moment | Getty Images It’s right there on the US Department of Education’s website: Student loan payments to restart after Aug. 31, 2022. Skeptical? It’s understandable. The Education Department has repeatedly set an end date for the payment break on federal student loans, which began in March 2020, and then revised it … Read more

Education Department to cancel 200,000 student loan borrowers’ debt

US Secretary of Education Miguel Cardona The Washington Post | The Washington Post | Getty Images The US Department of Education has agreed to cancel the student loans of around 200,000 people who brought a class action lawsuit against the government, claiming they were stuck with federal debts from schools that were found to have … Read more

What stagflation is, and how to prepare for it

Runaway inflation has raised fears that the economy is headed towards a return of stagflation but a host of Wall Street banks such as Goldman Sachs and HSBC believe there remain opportunities for investors to safely navigate this tricky backdrop. UCG | Getty Images What is stagflation? Stagflation is a term coined in the 1970s … Read more

The student loan waiver will expire soon. Employers should seize the chance to attract millennial talent

The student loan waiver will expire soon. Employers should seize the chance to attract millennial talent | Fortune You need JavaScript enabled to view it.

Biden decision on student loan forgiveness is months away, report says

President Joe Biden speaks in the East Room of the White House on June 2, 2022. Al Drago | Bloomberg | Getty Images The Biden administration is unlikely to announce a decision on student loan forgiveness until later this summer, The Wall Street Journal reported on Monday. The more than 40 million Americans saddled with … Read more

Biden leans toward $10,000 in student loan relief, advocates push back

Student loan borrowers gather near The White House to tell President Biden to cancel student debt – all of it with no means-testing on May 12, 2020 in Washington, DC. Paul Morigi | Getty Images Advocates expressed anger and disappointment on Friday in response to news that the Biden administration is leaning toward forgiving $ … Read more

Biden leans toward $10,000 in student loan relief, advocates push back

Student loan borrowers gather near The White House to tell President Biden to cancel student debt – all of it with no means-testing on May 12, 2020 in Washington, DC. Paul Morigi | Getty Images Advocates expressed anger and disappointment on Friday in response to news that the Biden administration is leaning toward forgiving $ … Read more

What to do while you wait for possible coming student loan forgiveness

Kool99 | Istock | Getty Images Contact your lender Because of the pandemic-era payment pause on student loan bills, most borrowers have not made a payment in more than two years. Now the bills are set to arrive in mailboxes again in September. Even if some student debt is forgiven, you could still have a … Read more

Should you keep paying during student-loan freeze? Experts weigh in

“Not a single person in this country has paid a dime on federal student loans since the president took office,” former White House press secretary Jen Psaki said in a recent press briefing, referring to the suspension of interest on the debt. In fact, some borrowers, like Lea Ceasrine, 28, have kept up their payments … Read more

This is how student loan debt became a $1.7 trillion crisis

For decades now, the country’s outstanding student loan debt balance has only trended in one direction: Up. Today, around 44 million Americans owe a combined $ 1.7 trillion for their education. But it did not have to be this way. Legislation like the GI Bill, the National Defense Education Act, and the Higher Education Act … Read more