Business Insider

White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for borrowers before Biden's term is up.

Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says

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

The Supreme Court said a lower court ruling blocking cheaper student-loan payments through the SAVE income-driven repayment plan would continue.

The Supreme Court declined to allow cheaper student-loan payments for 8 million borrowers through Biden's new repayment plan

CBS Sacramento

When President Joe Biden unveiled his administration's new student debt repayment plan a year ago, he heralded it as "the most affordable student loan plan ever." Now, it also may qualify as one of the most stymied repayment plans ever created.The Supreme Court on Wednesday declined to reinstate the program, called the Saving on a Valuable Education (SAVE) plan, as an appeals process over its legality plays out.The SAVE plan was created to fix some long-standing problems with earlier income-driven repayment plans, or IDRs. It also debuted a month after the Supreme Court blocked Mr. Biden's plan to erase up to $20,000...

How the Supreme Court's student loan relief ruling affects borrowers

Atlanta, GA

Millions of student loan borrowers are in limbo after the Supreme Court kept a block in place on President Joe Biden’s student loan repayment plan.

What borrowers need to know after the Supreme Court kept Biden’s student loan repayment plan on hold

Minnesota State

Snopes

The vice presidential candidate and his wife were allegedly worth $182 million.

Fact Check: No, Tim Walz's Daughter Didn't Get $82K in Student Loan Forgiveness

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

CBS News

Washington — The Supreme Court on Wednesday declined to reinstate the Biden administration's latest plan to cancel student debt for millions of borrowers, leaving them in limbo while the appeals process plays out.The justices turned down a request from the Justice Department to lift a sweeping appeals court order that blocked the program, known as the SAVE plan, which has been the subject of legal challenges from more than a dozen GOP-led states in recent months. The court said in an unsigned order that it "expects that the Court of Appeals will render its decision with appropriate dispatch." There were...

Supreme Court won't reinstate Biden's latest student loan forgiveness plan for now

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

3 Steps to Take If Your Debts Are Out of Control

The Motley Fool

Plan for a stress-free retirement by tackling key debts now. Read on to learn which debts to pay off first.

Here Are 3 Debts to Pay Off Before You Retire

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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

While we adhere to strict editorial guidelines, partners on this page also provide us earnings. More Americans are falling behind on credit card payments — a downward spiral that can quickly become insurmountable. As the late payment trend increases nationally, understanding the problem, and finding solutions, has never been more important.

I’m 60 days late on my credit card payment and I’ve been slapped with a penalty APR I can’t afford to pay. How can I avoid making the same old credit card mistakes?

Credit cards can be a valuable tool for financing purchases, earning rewards and potentially earning a welcome bonus. But credit cards aren’t for every type of purchase. The fees and interest you’ll incur with some purchases can offset the benefits you’d earn with a card, so it’s important to understand how a purchase could affect your finances before you pull out the plastic.

Don’t Put These Expenses on Your Credit Card -- Here’s Why

Employees can receive matching 401(k) contributions for making payments towards their student loan debt beginning this year. Employers and employees have to opt into this benefit, and it’s uncertain how many employers plan to offer it. In addition to helping workers with student debt save for retirement, the rule...

You Might Not Need to Skip Retirement Savings to Pay Student Loans

Maine State

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contributor

Sagadahoc County, ME

Lewiston, ME

The Maine Monitor

Editor’s note: This story contains references to suicide. When a bill to strengthen Maine’s yellow flag law went into effect earlier this month, Sagadahoc County Sheriff Joel Merry said he felt a sense of relief.

Law enforcement officers can now get a warrant to take someone into protective custody

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  Credit card usage has become increasingly common over the last couple of decades, in large part because of the convenience and flexibility it offers. According to the Federal Reserve Bank of New York, credit card balances are now at a collective $1.14 trillion nationwide. That's an increase of $27 billion during the second quarter of 2024 alone — and an uptick of 5.8% compared to one year ago.But while credit card usage is common, it can also be dangerous...

What happens if you can't pay your credit card debt?

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  Credit card debt has become an increasingly burdensome issue for many Americans, especially over the last few years. One issue is that the average credit card interest rate is sitting at a record high of 22.76%, according to the latest data from the Federal Reserve. When interest charges are calculated at that high of a rate (or higher), any balance you carry tends to snowball quickly — which is part of why so many cardholders are struggling to manage...

How long will it take to pay off $20,000 in credit card debt?

Boston, MA

We’re coming up on Labor Day, and if you live in Boston, you’ll know there’s another holiday this weekend: moving day. Many of Boston’s rental housing units start their lease cycle on Sept. 1 every year. Sept. 1 has been Boston’s unofficial moving day for more...

In Boston, Labor Day isn’t the only holiday this weekend. There’s also “moving day.”

The debt snowball method may not save you as much money as the avalanche method. Read on to learn how it works and how to best get out of debt.

Forget the Debt Snowball: Here's a Better Way to Pay Off Your Debt

NewsBreak

Why you keep hearing about canceling medical debt

In this week’s “Make Me Smart” newsletter, we explore the rise of medical debt forgiveness, how crypto is popping up in the 2024 elections and do...

Why you keep hearing about canceling medical debt

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