The Trump administration’s “Big Beautiful Bill” means big changes to student loans. The largest overhaul to the student loan system in decades will mean changes for both current and future borrowers. “The big takeaway is that borrowers are going to have fewer options to repay their student loans and they’re going to be paying more,
A Dedham man who received more than $300,000 in fraudulent bank loans pleaded guilty on Wednesday to bank fraud and money laundering, the U.S. Attorney said. Wyoming Killingbarrows, 30, who was born with the name Patricio Junio Brito Pontes Barros, pleaded guilty to four counts of bank fraud and one count of money laundering, U.S.
Nearly eight million student loan borrowers will soon begin accruing interest on their debt again. The U.S. Department of Education announced Wednesday that interest charges for people enrolled in the Saving on a Valuable Education (SAVE) Plan will resume on August 1. The income-driven repayment program, which was introduced by the Biden administration in 2023,
Top headlines of the week, July 4 2025 Here are some stories you may have missed this week in central Ohio. Dispatch OhioHealth partners with Clasp to offer student loan repayment for future health care workers. The program aims to address staffing shortages and rising student debt in the health care industry. This initiative complements
University tuition in the United States is notoriously expensive — so much so that Americans currently have over $1.6 trillion in student loan debt. But now, the routine process of taking out student loans has been overhauled as a result of the One Big Beautiful Bill, which President Donald Trump signed into law last week.
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. It will soon get harder to pay off your student loans. On Friday, President Trump signed the One Big Beautiful Bill Act into law, restructuring the federal student loans system and making it more
The board that oversees the Thrift Savings Plan issued a final rule Wednesday in the Federal Register amending a reamortization rule for loans made from the 401(k)-style retirement plan. The Federal Retirement Thrift Investment Board’s final rule combines the accrued interest of a loan made out of the TSP with its outstanding principal, allowing the federal employee
Photo: Samuel Corum/Bloomberg via Getty Images Public servants are still one of the groups taking the brunt of the assault from Donald Trump’s weaponized federal government. He and his administration have tried to wipe out much of the federal workforce. They’ve threatened or cut the federal funding of a rising number of universities in an
ndonesia’s banking industry has seen an increase in bad loans amid slower loan growth, as the country’s economy has taken a hit from global uncertainty. According to the Financial Services Authority (OJK), local banks’ non-performing loans (NPL) increased to 2.29 percent in May, up from 2.24 percent noted in the preceding month and 2.08 percent in
CALHOUN COUNTY, Miss. (WCBI) – Multiple severe storms blew through Calhoun County in the early part of this year. The severe weather left many homes, businesses, and organizations still looking for ways to repair the significant damage. This is where the U.S. Small Business Administration has stepped in, now offering beneficial disaster loans for those