With the fate of federal student loan forgiveness programs facing uncertainty, borrowers should explore the many state-level relief options available, experts say. "Most states have [a program], especially if you're in health care," said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit. With the federal government's...

How to get your student debt forgiven under a state program. Some are 'really generous,' expert says

Americans are growing increasingly wary of taking out student loans to pay for college — and that includes parents. Most of them now define an affordable college degree as one that doesn’t leave their kids with student loan debt. When the consulting firm EAB, formerly known as the...

An 'Affordable' College Degree Now Means Not Going Into Debt, According to Parents

With federal student loan forgiveness up in the air and the rising cost of college now a top concern for families, parents are reprioritizing saving for higher education, recent studies show. Families are increasingly taking advantage of 529 college savings plans, which have even more benefits as of 2024. Yet...

Parents boost college savings to shield kids from 'crushing burden' of student loan debt

UPI News

The Education Department said Wednesday it will begin emailing people with student loan debt to inform them of opportunities for debt relief.

Education Department to notify student loan borrowers of debt relief opportunities

Business Insider

The 8th Circuit ruled that Biden cannot carry out cheaper student-loan payments and debt relief through the SAVE plan, replacing its prior pause.

8 million student-loan borrowers on Biden's new repayment plan just got more bad news after a federal court officially blocked cheaper payments and debt cancellation

GOBankingRates

According to the Pew Research Center, middle-class households are those earning between two-thirds to double the median household income in an area. The upper middle class refers to the top 20% of...

What Is the Median Income for the Upper Middle Class in 2024?

The Biden administration is again gearing up to try to forgive the student debt of tens of millions of Americans, after the Supreme Court struck down its first effort last year. Now, the president has directed the U.S. Department of Education to pursue the regulatory process. In the coming days,...

Check your email: U.S. government is sending notes to millions on upcoming student-loan forgiveness

Maybe it's something you've wondered: What happens to your student loan debt when you die?. Here are the options and protections to know about. It's not unusual to hear people struggling with their student loan debt bemoan that they feel like they'll be paying until they die. Which begs the question: What happens to the debt at that point?

Here's what happens to your student loan debt when you die

Many people who borrow private student loans are required to get a co-signer, a requirement that can spread the pain if repayment becomes a challenge. "It's very, very difficult to get off of the loan if you are a co-signer," said Anna Anderson, a staff attorney at the National Consumer Law Center. "We've seen how this can destroy families."

This 85-year-old mom co-signed her daughter's student loan years ago. Now she fears the lender may take her house

Nearly half of student loan borrowers are anticipating debt forgiveness in the future. While there are ample opportunities for relief, consumer advocates warn families not to make borrowing decisions based on the assumption that they won't have to repay the debt. Nearly half — 48% — of student loan borrowers...

Nearly half of student loan borrowers are expecting debt forgiveness, Sallie Mae report finds

FinanceBuzz

Want to make big bucks but don't want to sit in an office? Here are 15 jobs that let you work remotely and pay you enough to move beyond living paycheck to paycheck.

15 High-Paying Remote Jobs That Earn a Hefty Paycheck

The Motley Fool

Set a reasonable net worth goal by comparing where you are now to where you want to be.

Here's How Your Net Worth Stacks Up With the Rest of Americans Your Age

CBS News

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  Credit card debt can be tough to tackle for those living paycheck to paycheck. After all, when you're living on a tight budget, every dollar counts. And, as cooling but persistent inflation continues to drive up the cost of everything from housing to groceries, tackling your substantial credit card balances in addition to your regular bills can feel impossible. Credit card interest rates are also hovering near record highs right now, which can cause your credit card debt to grow quickly....

How to get rid of credit card debt when living paycheck to paycheck

Straight Arrow News SANcom

Around 943,000 people have had their student loans forgiven by the federal government over U.S. President Joe Biden's term in office.

Student loan forgiveness sees relief for some, while many still struggle

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

3 Steps to Take If Your Debts Are Out of Control

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  The past few years have resulted in increased financial strain for many Americans, with the economic challenges piling up faster than many people's paychecks can keep pace. Between stubborn inflation and the elevated interest rates meant to temper it, many households have been struggling to maintain their standard of living.One of the most significant factors, though, has been the dramatic increase in the price of essentials. According to the USDA, food prices surged by 25% percent from 2019 to...

How much of your credit card debt can be forgiven?

A Gen Xer went back to college five years after dropping out. He said it was worth it and helped him land a six figure salary.

A Gen Xer shares why going back to college after dropping out was the best decision he ever made

Larry, 60, has been making student-loan payments since 1995 after graduating from law school. He never thought he would get debt cancellation.

A boomer got $182,000 in student loans forgiven — plus a $1,800 refund. He can finally save for retirement and enjoy a spa day with his wife.

With healthcare costs on the rise, many Americans are burdened by high out-of-pocket costs — even those with health insurance. This issue can lead to significant debt for many, especially those facing serious medical needs. If you find yourself in this situation, you might wonder if medical bills can...

How Do Medical Bills Affect Your Credit?

NewsBreak

Americans are growing increasingly wary of taking out student loans to pay for college — and that includes parents. Most of them now define an affordable...

An 'Affordable' College Degree Now Means Not Going Into Debt, According to Parents

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