A recent survey sheds light on the financial challenges faced by Americans this holiday season as student loan repayments resume. Study.com surveyed 1400 consumers with a focus on teachers' experiences, finding that the majority of consumers plan to cut costs and nearly [...]

WalletHub recently analyzed newly released Federal Reserve data on credit card interest rates and debt and released a new survey showcasing consumer sentiment about record-high rates and rising debt. Key Takeaways Record-High Interest Rate: At 22.77%, the average [...]

With household finances already under pressure and the Fed’s latest G19 report now available, a new study finds consumers added $43 billion in debt during the second quarter of 2023 - the second-largest Q2 increase ever. Stats Credit Card Debt Study [...]

A new study reveals the top 10 states with the most and least student loan debt in America and California is among the list. California High on List The research, conducted by CreditDonkey, compared all 50 states based [...]

Bad news for those who have outstanding student loan debt as the Supreme Court ruled Friday that the Biden administration cannot move forward with its student loan debt handout program. The Vote In a 6-3 decision, the court [...]

With household finances already under pressure and the Fed releasing its G19 report, the latest Credit Card Debt Study, found that consumers’ first-quarter paydown was the second-smallest in a decade (just $24 billion). The study also identified the [...]

Big changes on the student loans front for those who find themselves without answers. Looking back, on April 19, 2022, the U.S. Department of Education (ED) announced several changes and updates that would bring borrowers closer to forgiveness under income-driven [...]

Many Americans have student loans that they have been paying off for years and continue to find themselves in the crosshairs with all of the changes and promises. In fact, more than 40 million borrowers are in the [...]

With graduation season on us and student debt at a staggering $1.63 trillion, a new report on the Cities with the Most & Least Student Debt in 2023, along with a nationally representative Student Money Survey. Best and Least Most [...]

For those with paused federal student loan payments, there could be some changes sooner than later — you may have to start paying again. President Biden extended the pause in November in a move the Department of Education (DOE) said was [...]

Here's what's new with President Joe Biden’s student loan agenda according to various news outlets. According to the Associated Press, "it would be all but obliterated by the U.S. debt legislation passed by House Republicans, dooming his mass cancellations, scrapping [...]

There is news on student loan forgiveness coming from the Biden administration with updated important deadlines and the timeline for borrowers hoping to receive student loan forgiveness under a one-time IDR account adjustment. An Income-Driven Repayment plan adjustment is different [...]