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

Business Insider

The Education Department is getting close to implementing its broader student-debt cancellation plan this fall, and it has new details on eligibility.

Millions of student-loan borrowers are getting new details on qualifying for Biden's broader debt cancellation plan coming this fall

President Joe Biden is making another move to forgive student debt for millions of borrowers. The Biden-Harris administration announced Wednesday that it will begin emailing borrowers on Thursday with information regarding its proposed rules to allow the Secretary of Education to forgive debt for certain federal student loan borrowers. The...

President Biden is moving forward with another student debt relief plan—you have until August 30 to opt out

CBS News

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  It doesn't take much for the debt you're carrying to become overwhelming, especially when it comes to credit card debt. After all, credit cards come with some of the highest rates of any lending product. At nearly 23%, the average credit card rate is over 10 points higher than the average personal loan rate right now. And, credit card rates are variable — meaning that they can (and do) increase based on the overall rate environment. With rates that high,...

6 types of debts that can be forgiven with debt settlement

Wisconsin State

The US Sun

AMERICANS can get payments from a major interest rate settlement. Big Picture Loans, a private money lender, is paying out big bucks after allegations it charged excessive interest rates. The company is known for offering thousands in loans to people with bad credit and then charging high interest rates. Those high rates can make the […]

Americans can claim one-time payment from $65 million interest rate settlement – but it depends on which state you live

The Motley Fool

Making one extra payment a year on a 30-year mortgage can save you serious interest. But it might not be the best use of your money.

Is It Worth It to Make Just 1 Extra Payment a Year on Your 30-Year Mortgage?

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  With the cost of living and inflation elevated, many people use credit cards to cover basic needs. But carrying a balance comes at a price. According to the Federal Reserve, credit card interest rates average nearly 23% right now. If you have $10,000 in outstanding credit card debt with a 23% interest rate, you'll face almost $191 in interest for this statement cycle. Unless you pay off a large chunk of that balance, that interest grows, and next month, you'll...

Need to pay off $10,000 in credit card debt? 3 options you may not have considered

GOBankingRates

Upon retirement, it is time to budget. That's because most retirees are on a limited or fixed income, a personal combination of Social Security, individual savings and work-related compensation like...

9 Best Cars for Retirees With Monthly Payments Under $300

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

Tuscaloosa, AL

The University of Alabama board of trustees voted to raise tuition for the 2024-25 school year for UA System schools on June 6. In-state tuition increased by 2.5% and out-of-state tuition by 3% for The University of Alabama. This increase will only add fuel to students’ economic woes and hardship....

Opinion | Tuition up, hopes down: Students’ economic gloom deepens as University hikes tuition rates

With the Fed expected to lower rates in September, it's a smart time to open CDs that guarantee today's great returns well into the future. Below we lay out more than 30 excellent options for locking in a CD rate until 2026, 2027, or even 2028–2029—with returns up to 5.25%.

The Best CDs to Lock in a Rate Until 2026 to 2029—Before the Fed Cuts Rates

Fox News

President Biden might be laid up with COVID, but that didn’t stop yet another round of student loan forgiveness! I’m Tomi Lahren, more next. COVID, words, and tall stairs may slow down President Biden, but not his ability to buy votes with taxpayer dollars!  This week The Biden Administration announced so-called “forgiveness” to the tune of 1.2 billion for 35,000 public service workers.  This brings the tally to $168.5 billion in student loan debt forgiveness for roughly 4.8 million people. This Biden Administration loans forgiveness work-around pertains to those who made 120 qualifying monthly payments while working in the public...

Another Student Loan Handout

New-vehicle buyers are taking out loans averaging almost 70 months. Average new-vehicle APRs increased to 7.3% during the second quarter. Down payments for new vehicles have slightly decreased. A new study has revealed that many new vehicle buyers in the U.S. are being stretched to their financial limits, signing up...

Americans Drowning In New Car Debt, Loans Averaging 70 Months

The Education Department is taking another step toward implementing its broader student-loan forgiveness plan, to be finalized before the election.

Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. If you're having difficulty paying...

Can't Afford Your Mortgage or to Refinance? 3 Options to Consider

A string of high-profile restaurant closures has fueled perceptions that the industry is in serious trouble or even collapsing. Hard data shows that restaurant sales are on the upswing despite the struggles of some prominent chains. Successful restaurants have expanded as others have faltered, but the successes have gotten less...

What Do Chain Restaurant Closures Say About the Economy?

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

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Declutterbuzz

People report feeling overwhelmed when tasked with Decluttering. Whether it's the lack of time, dealing with chronic illness, or managing ADHD, these obstacles can seem impossible. Today, we're going to make your decluttering process simpler by using the guide How To Overcome Common Obstacles To Decluttering.

How To Overcome Common Obstacles To Decluttering

The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims it misled borrowers on payments and debt relief.

A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief

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

NewsBreak

Amid High Interest Rates, Families Are Weighing How to Finance College Tuition

As families gear up for students to start a new school year, many are considering how to pay for college tuition. Almost half of families will...

Amid High Interest Rates, Families Are Weighing How to Finance College Tuition

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