Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their
The change will lead to garnished wages and benefits for more than 5 million Americans starting this summer. Collection of defaulted student loans to resume May 5: What to know Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That’s about to change on May 5. WASHINGTON
Do college graduates have regrets about their chosen majors? With the rising cost of college, Americans currently owe nearly $1.8 trillion in student loan debt. What majors are worth the money? The U.S. Department of Education will restart involuntary student loan collections on May 5. Borrowers in default for 270 days or more will face
Trump nominated Jerome Powell to lead the Federal Reserve in 2017, then quickly turned on him. Drew Angerer/Getty Images Angered about interest rates, President Trump lashed out at Federal Reserve Chairman Jerome Powell Thursday, saying the central banker’s “termination cannot come fast enough!” Most presidents try to maintain distance from the Fed, whose leaders pride
Credifin, a non-banking financial company, has raised USD 24.9 million (Rs 213.6 crore) through a mix of equity and debt to fuel its growth in MSME mortgage loans and E-vehicle financing. New Delhi, Apr 17 (PTI) Credifin, a non-banking financial company, on Thursday said it has raised USD 24.9 million (Rs 213.6 crore) capital through
After the Department of Government Efficiency gained access to student loan databases, some social media posts promoted a federal privacy law as the key to debtholders’ financial freedom. All you have to do, the posts said, is file a complaint with the Education Department requesting your loans be forgiven on the grounds that DOGE violated