May 5, 2025

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Loans

2025 high school grads facing $40k in college student loans

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

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Investors

Cooling trade tensions bring investors back as Wall Street surges

Benzinga  |  Detroit Free Press Trump suggests China tariffs will ‘come down substantially’ President Donald Trump suggested the China tariffs will “come down substantially.” Reports suggested China is considering suspending its 125% tariff on select U.S. imports, following indications that Washington may cut tariffs on Chinese goods. The S&P 500 has now recouped nearly 80%

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Mortgage

High rates for home loans are holding back the housing market

Fast-growing fruit trees for your backyard harvest Here are five fast-growing fruit trees you can plant in your backyard for a quicker harvest. unbranded – Lifestyle Rates for home loans remained high as consumer and investor confidence takes a hit amid the White House’s tariff roll-out. In the week ending April 24, 30-year fixed-rate mortgages

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Funds

Education program helps Mississippi families. Trump budget could end it

How would a Dept. of Education closure affect Americans? U.S. President Donald Trump moved to eliminate the Department of Education. But he can’t shutter the agency without congressional legislation. The Trump administration’s proposed 2026 budget could eliminate Head Start funding, impacting 800,000 children nationwide. In Mississippi, Head Start serves 25,000 children and 238 pregnant mothers.

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Funds

Funding to be withheld from schools who don’t end DEI

Gov. Stitt addresses remarks from Ryan Walters in press conference In a live-streamed press conference, Gov. Kevin Stitt spoke against Ryan Walters’ rule requiring children and parents to disclose immigration status upon enrollment. The Office of the Govenor/Youtube State schools Superintendent Ryan Walters said Tuesday he would block federal funds from going to Oklahoma schools

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Loans

Wage garnishment for defaulted student loans starts in May

Student voices concern over the proposed SEPTA cuts during rally Social science honors student Jaylah Fitzgerald, from the Academy at Palumbo, addresses the crowd at the Save SEPTA rally against the proposed transit cuts Millions of student loan borrowers in default could see their wages garnished soon after the U.S. Department of Education announced it

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Loans

Collection on defaulted student loans to restart May 5

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

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Loans

Federal government plans to go after delinquent student borrowers. What to know

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

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Funds

KCS its keeps priorities amid Department of Education uncertainty

Superintendent Jon Rysewyk on Knox County Schools’ biggest challenges The Knox County Schools leader talks about how to make changes within a huge school district. Knox County Schools has already worked through one change handed down from the Trump administration on DEI compliance, and Superintendent Jon Rysewyk says he’s ready for whatever comes next. As

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Funds

Don’t cut Maine’s funds over transgender athletes

KITTERY, Maine — A day after her home state was sued by the Trump administration, Sen. Susan Collins, R-Maine, reaffirmed her stance against transgender athletes playing girls and women’s sports. But she criticized the president’s attempts to rescind federal funds for Maine schools. The Department of Justice announced its lawsuit against Maine Wednesday, alleging a

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