Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. What if your employer could help pay down your student loans, without it coming out of your paycheck or being taxed? Employers have been able to help pay down student loans tax-free for some
Credit: Unsplash/CC0 Public Domain Twenty-year-old Eric Mun didn’t want to believe it: Only one kid in the family could make it to medical school—and it wasn’t going to be him. Mun had done everything right. He graduated high school with honors, earned a scholarship at Northwestern University and breezed through his biology courses. He immigrated
An estimated 1 in 6 community college students are enrolled in programs at risk of losing federal loan eligibility if UH can’t prove graduates earn more than residents with a high school diploma. Kacie Karimoto started classes in Kapiʻolani Community College’s respiratory care program this summer, hoping to earn an associate’s degree that would challenge
Notably, the pockets of unsecured stress were seen in various segments such as microfinance, retail commercial vehicle, MSME (micro, small, and medium enterprises) and personal loans and credit cards, according to bankers’ post-earnings analyst calls in recent days. Add to that the cyclical impact of higher farm loan slippages, and most lenders saw elevated provisions
For California businesses still grappling with losses from last month’s vehicle explosion tragedy, the Small Business Administration has stepped in with a lifeline. Announced this past Monday, the SBA is offering federal disaster loans to aid small businesses and nonprofit organizations across five California counties—Imperial, Orange, Riverside, San Bernardino, and San Diego—and neighboring La Paz
A big win for thousands of people hit hard by Tropical depression Chantal. On Friday, Governor Josh Stein announced the Small Business Administration approved a disaster declaration for eight North Carolina counties slammed by the storm. “This declaration will help families and business owners across central North Carolina who are still reeling from the severe
Paying for college often means turning to private student loans — and many of those require a cosigner, especially if you don’t have an established credit history or steady income. A cosigner can help you qualify and even secure a lower interest rate. But not everyone has someone they can ask. Ascent Funding offers students
Parents and students alike are rightly wary of borrowing too much for college, largely thanks to well-documented financial struggles among college graduates repaying their loans. The recent resumption of student loan payments and the end of the moratorium on lenders reporting missed payments to the credit bureaus is another timely reminder: Too much debt can
If you’re looking to take out a student loan you probably just have the basics in mind — good rates, manageable terms and a clear path to repayment. While many lenders check those boxes, some go a step further. SoFi, one of the biggest names in the private student loan space, offers more than just
An Illinois tax consultant was sentenced this week to 42 months in prison for a scheme to fraudulently obtain over $3.6 million in small-business loans through COVID-19 disaster loan programs, according to the Justice Department. Farooq Khan, 31, submitted at least 30 fraudulent applications for loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act