Personal finance

US House Speaker Kevin McCarthy, a Republican from California, arrives to the US Capitol in Washington, DC, on Wednesday, May 31, 2023. Sarah Silbiger | Bloomberg | Getty Images A measure in the debt ceiling deal terminating the student loan payment pause is facing heavy opposition from advocates, progressives and borrowers. “The pause on student
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These days, many people are worried about paying for college. Less than half of Americans are confident that they’re currently saving enough for future education expenses, according to a recent report by Edward Jones. Checking your 529 college savings balance may not provide much comfort, either. Last year, these popular savings plans took a hit
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Skynesher | E+ | Getty Images The pandemic-era policy suspending federal student loan payments has been an especially big win for public servants. Most borrowers have benefited from the payment pause, which has lasted more than three years and spanned two presidencies. But for those pursuing the popular Public Service Loan Forgiveness program, the policy
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In this article LC Follow your favorite stocksCREATE FREE ACCOUNT Even as inflation cools, consumers still show signs of strain. As of April, the share of adults feeling stretched too thin held nearly steady at 61%, according to a new LendingClub report. However, high-income earners are increasingly under pressure, LendingClub found. Of those earning more than
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Nikola Stojadinovic | E+ | Getty Images Borrowers may be down to their last few months without a student loan payment. The Supreme Court could announce its decision on the Biden administration’s sweeping student loan forgiveness plan any day, and the U.S. Department of Education has braced borrowers to be ready for the bills to
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Izusek | E+ | Getty Images The 2023 summer travel season is expected to be a busy one, making federal programs like TSA PreCheck especially helpful for fliers, according to experts. Such programs carry fees but generally save travelers time at the airport. However, relatively long processing times — as with recent passport applications —
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Three years after the Covid pandemic, there are more than 1 million fewer students enrolled in college. “Overall, undergraduate enrollment is still well below pre-pandemic levels, especially among degree-seeking students,” said Doug Shapiro, executive director of the National Student Clearinghouse Research Center. Only community colleges notched enrollment gains in the current semester, while enrollments in
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Rep. John Larson, D-Conn., leaves the Capitol after the final votes of the week on Feb. 28, 2019. Bill Clark | CQ-Roll Call Group | Getty Images House Democrats on Tuesday slammed Republicans for putting Social Security benefits at risk amid an ongoing federal debt ceiling stalemate, while also re-upping a plan that aims to
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