Student Loans

On Wednesday, Gallup and the Lumina Foundation released a new report on the cost of college and how high education costs impact students' decisions to stay in school and make major life choices.Based on surveys conducted from October and November 2023 with over 13,000 adults aged 18 to 59, the report found that cost is…

Many boomers are holding on to their large homes, stressing the housing market for younger buyers.For millennials with growing families, purchasing a home has become even more difficult.For Biden and Trump, the issue of housing affordability could make or break their candidacies. Thanks for signing up! Access your favorite topics in a personalized feed while…

Lawmakers have highly scrutinized the return to repayment for millions of student-loan borrowers in the fall. A new report from a group of Democrats offers the latest look into how borrowers fared during the transition.On Wednesday, Democratic Sens. Elizabeth Warren, Richard Blumenthal, Ed Markey, and Chris Van Hollen released a report on student-loan servicer errors…

On Tuesday, Missouri's Attorney General Andrew Bailey led six other GOP states in filing a lawsuit to block the new SAVE income-driven repayment plan. The lawsuit argued that the plan, established in July 2023 to give borrowers more affordable monthly payments, is unconstitutional and is in "defiance of the Supreme Court" decision that blocked Biden's…

Some student-loan borrowers have one month left to benefit from one-time account adjustments.Borrowers who do not have qualifying loans need to consolidate by April 30.The Education Department expects to complete account adjustments in July. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Some…

The lawsuits to block President Joe Biden's student-debt relief efforts are back.On Thursday, 11 state attorneys general — led by Kansas' Kris Kobach — filed a lawsuit to block Biden's SAVE income-driven repayment plan, implemented over the summer to give borrowers cheaper monthly payments with a shorter timeline for relief.The lawsuit, filed in Kansas' district…

Many college athletes are benefitting from athletic scholarships and NIL deals.But most high school athletes will have to find other ways to pay for college. Full-ride scholarships are very rare and big NIL money is only accessible to some athletes.  Thanks for signing up! Access your favorite topics in a personalized feed while you're on the…

At 39, Edwin Schwartz made a career switch from sales to law.He made the change so he'd have more time to spend with family.Schwartz said he was one of the oldest people in his classes, but that age came with some advantages. Thanks for signing up! Access your favorite topics in a personalized feed while…

As President Joe Biden made the final State of the Union address of his first term, he wanted federal student-loan borrowers to know that he's still fighting to get them more relief.But some borrowers still wonder when that extra relief will hit their accounts.However, that relief did not go according to plan. Shortly after Biden's…

Shannon Rowan, 51, divorced her ex-husband in 2010.She's still stuck with the bill for his student loans and cannot separate their balances.She said it's keeping her from buying a car or taking out loans for her kids' educations. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go.…