July 6, 2024
Loans

This is how much Arizonans owe

Corrections and Clarifications: A previous version included an incorrect number of Arizonans who owe student debt. The Biden administration’s student loan repayment plan, Saving on Valuable Education, is facing a legal hurdle. Federal judges in Missouri and Kansas blocked parts of the program in separate rulings on Monday. Though the decision does not cancel assistance

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Loans

Who is eligible for Oklahoma student loan pause, loan forgiveness?

Student loan repayments restarted last fall after President Biden’s forgiveness plan was stopped by the Supreme Court. Still, the president and Department of Education are working to forgive as many loans as possible and with a new plan proposed, news around student loan forgiveness can be confusing. Here’s the latest on who is eligible for

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Loans

Loan debt list ranks 3 Florida cities in US’s top 20 for most debt

Two months ago, Jacksonville ranked in personal finance company WalletHub’s top 10 U.S. cities where residents are the most financially stressed.  Just last week, Florida ranked in Forbes Advisor’s top 10 states where it’s most difficult for residents to save money and the Miami metro area ranked in the top five metro areas where it’s

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Loans

Student loan forgiveness scams are everywhere. Here’s how to spot them

Student loan season, also known as when students file for financial aid, looks a little different this year. Some changes to application forms and deadlines for the 2024-2025 academic year can bring confusion, and scammers can take advantage of those who are clouded with it.  The Biden administration announced a student loan forgiveness program near

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Loans

Biden cancels $7.4M more in student loan debt: How are Texans affected?

This week, the Biden Administration announced a plan to cancel $7.4 billion in student loans for 277,000 borrowers. The U.S. Department of Education reports that Texans have the second-highest amount of student debt, behind Californians. 3.8 million students owe $33,400 on average. Fewer than 20% of Texas borrowers are on an income-driven repayment plan. Here’s

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Property

Citizens property insurance dropping more Florida policyholders

Florida’s most used home insurance company Citizens announced it will begin shedding plans next week. Although more Floridians use Citizens than any other insurance provider at  1.171 million, it’s not a choice as those property owners are unable to buy policies elsewhere. Legislation is working through the Florida Legislature to reduce its rolls even further

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