designer491/iStock.com Student organizations, unions, groups that represent nurses and teachers, special interest groups, and lobbyists of every imaginable persuasion join President Biden’s drive to cancel student debt for millions of Americans. . Cash App Borrow: How to Borrow Money on Cash AppLearn: Here’s how much cash you need to hoardRead More →

Source: Nigel Carse/Getty Jhe student debt crisis has crippled nearly 43.4 million borrowers across the country. According to the Education Data Initiative, the average student at a public university borrows $30,030 to earn a bachelor’s degree. Meanwhile, those attending private universities borrow an average of $43,900. For the past twoRead More →

Federal student loan repayments have been suspended for more than two years now and talks about student loan forgiveness have yet to materialize for the majority of Americans. Although no official decision has yet been made on widespread student loan forgivenessit’s possible payment break will be extended beyond September. EducationRead More →

A payday lender on Wyse Road in Dartmouth on Tuesday. Photo: Zane Woodford Payday lenders will get a smaller share of Nova Scotians’ checks later this year. In a decision released Tuesday, the provincial Utilities and Review Board (UARB) lowered the maximum interest such lenders can charge from $19 onRead More →

Kameleon007 / iStock.com Every year, thousands of borrowers file complaints about their student loan officer with the Consumer Financial Protection Bureau (CFPB). According to the CFPB, “dealing with your loan servicer or lender” was one of the most cited reasons for filing a complaint in 2021. Discover: Surprising things youRead More →

So far, the administration’s actions have largely focused on students who have been defrauded by now closed schools, like Corinthian. But these measures have also sharpened the debate over whether the rising cost of higher education is an excessive burden on young adults. Opponents say simply forgiving students debt isRead More →

After months of circulators collecting signatures, the deadline for initiatives to create or change state law has passed — with only one group submitting signatures for placement on the November ballot. The only submission came from Michiganders for Fair Lending according to Michigan State Department spokesperson Tracy Wimmer. Michiganders forRead More →