Before you pursue debt forgiveness, make sure you understand who has real leverage to settle now. Andrii Dodonov/Getty Images Household budgets have been under consistent pressure since the start of the year, and for many borrowers, that strain is finally reaching a tipping point. High credit card interest rates are making balances harder to pay … Read more
Submitting the FAFSA is a good first step, but it may not be your last if your federal funding comes up short. iamnoonmai/Getty Images The college financing process rarely ends when the Free Application for Federal Student Aid (FAFSA) is submitted. For many students, filling out the FAFSA, which is the form students are required … Read more
New borrowing limits and fewer repayment options take effect Wednesday, affecting parents, undergraduates and graduate students. Source link
Major changes to federal student loan rules take effect on Wednesday, July 1, that will limit how much Americans can borrow and their repayment options. The overhaul, made under the 2025 “One Big Beautiful Bill Act,” will affect millions of people who take out loans to finance their education. “These are the most changes we have … Read more
Borrowers will need to take a strategic approach in today’s elevated mortgage interest rate climate. sakchai vongsasiripat/Getty Images The mortgage interest rate environment is constantly changing, and it’s doing so in noticeable ways. Case in point: Mortgage rates dropped by around a full percentage point in 2025, down from the approximate 7% they started the … Read more
The upcoming student loan changes could impact your finances, so make sure to ask the right questions now. designer491/Getty Images Federal student loan borrowers have spent the last few years adapting to a series of major changes, from the end of pandemic-era payment pauses to the start of new repayment programs and shifting forgiveness rules. … Read more
The federal student loan changes arriving in July could have meaningful consequences for borrowers. Pla2na/Getty Images Federal student loan borrowers have spent the last few years adapting to a constantly changing borrowing and repayment landscape. Between the end of pandemic-era relief, the return of required student loan payments and a series of court challenges affecting … Read more
The student loan decisions you make in the coming weeks could impact your balance for the foreseeable future. Jinda Noipho/Getty Images For most of the past decade, the smartest thing many federal student loan borrowers could do was wait — whether that meant waiting for a payment pause to be extended, waiting for a forgiveness … Read more
Major changes are coming to the student loan landscape starting July 1 that will limit how much Americans can borrow and their repayment options. Those changes are a result of the One Big Beautiful Bill Act, which President Trump signed into law last year. The Education Department has framed the overhaul as a way to … Read more
Following recent interest rate and inflation news, credit card borrowers stuck in debt should start asking themselves a series of difficult questions. MASTER/Getty Images An inflation report for March showing the rate surging to 3.3%, its highest level in years, was not the news millions of American borrowers contending with elevated interest rates were hoping … Read more