Photo: Eric Thayer/Bloomberg via Getty Images More than 43 million Americans — one in five adults — collectively owe more than $1.7 trillion in federal and private student loans. In recent years, the idea of the government forgiving federal student debt went from fringe to mainstream, with both Donald Trump and Joe Biden using emergency
speaks in the State Dining Room of the White House on March 5, 2024 in Washington, DC. Biden recently announced new student loan forgiveness approvals for borrowers enrolled in the SAVE plan. (Photo by Nathan Howard/Getty Images) Getty Images Millions of student loan borrowers are set to experience a reduction in their monthly payments. The
Spirit Airlines came out fighting Friday as it looked to reassure investors with improved guidance and steps it has taken to shore up liquidity. The company also said it was assessing options to refinance 2025 debt maturities, which credit ratings agency Fitch described as a “significant refinancing risk” earlier this week. Shares of Spirit Airlines
Allentown Fire Training Academy in Allentown, Pennsylvania on January 12, 2024. The Biden administration announced fast-tracked student loan forgiveness under the new SAVE plan. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) AFP via Getty Images President Joe Biden and top administration officials are urging borrowers to sign up for