Student loan scam attempts likely to rise after SCOTUS decision: FTC
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
Mortgage rates inch to the highest level so far this year: Freddie Mac
The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.
Recession expected by end of 2023: Fannie Mae
A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.
A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.
Record number of Americans expected to travel this 4th of July: AAA
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
Supreme Court strikes down Biden's student loan forgiveness plan – what's next?
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
Borrowers may see credit scores change once federal student loan payments resume
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Here's where homes face the biggest risk for natural disaster
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Skyrocketing car insurance costs push some drivers to forgo coverage
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Home prices increased 70 percent more than rent costs: study
Home prices have exceeded what Americans pay for rent in most major cities, according to one report. But, there are still places where you can save by purchasing a home. Here’s what you need to know.
Home prices have exceeded what Americans pay for rent in most major cities, according to one report. But, there are still places where you can save by purchasing a home. Here’s what you need to know.
Fewer homes are selling, but they're selling fast: Redfin
Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.
Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.
Legislative bill seeks to make expanded child tax credit permanent
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
Student loan payments will resume in October, Education Department confirms
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
More college students are putting their education on hold: reports
The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.
The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.
Congress votes to kill Biden's student loan forgiveness plan
Congress passed Republican-sponsored legislation proposing to revoke President Joe Biden's cancellation plan and prevent the U.S. Department of Education from canceling student loans.
Congress passed Republican-sponsored legislation proposing to revoke President Joe Biden's cancellation plan and prevent the U.S. Department of Education from canceling student loans.
Gas prices stay neutral to kick off summer, but there's a chance for a decrease in the forecast: AAA
The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.
The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.
Job growth keeps Fed's eye on future interest rate hikes
Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.
Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.