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As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up...
CNBC· 1 day agoEvery year, millions of new students are pumped into the student loan system while current borrowers...
Credit card, car loans, and mortgage payments have all been rising in the US—and it's not just...
Stacker via AOL· 19 hours agoAverage auto loan and mortgage payments, while also up, are somewhat tempered by...Experian...
Average American debt statistics 2024
Consumer Affairs· 4 days agoDebt burden varies significantly by demographic group. Among U.S. states, residents of Hawaii and Idaho have the highest debt-to-income ratios. The per-citizen ...
What is an unsecured loan?
Bankrate via AOL· 2 days agoFor example, if you have $500 worth of existing debt payments and $2,000 in gross income each month, your DTI is $500 / $2,000 = 0.25 or 25 percent....
Biden’s already reduced SC student loans by $2.6B. Clyburn hopes newest plan secures more votes.
South Carolina Daily Gazette via Yahoo News· 4 days agoSupreme Court striking down the Biden administration’s initial student loan forgiveness plan, nearly...
Rhode Islanders are taking out risky loans from online 'rent-a-banks.' How it works.
The Providence Journal via Yahoo Finance· 7 hours agoIt's also common for a borrower to need to take out another loan in order to pay off the first,...
Research reveals tools to make STEM degrees more affordable
Phys.org· 3 days agoUndergraduate student loan debt has become unmanageable for a wide swath of borrowers in the United...
Are you a good candidate for debt relief? Here are the signs experts say to look for
CBS News· 3 days agoOverall, U.S. consumers carry over $5 trillion in debt, and the average credit card interest rate is...
Louisiana Will No Longer Require Students to Fill Out FAFSA to Graduate
New York Times· 3 hours agoFor now, Louisiana appears to be an outlier. “I have not heard of other states considering repeal,”...
Will Biden’s New Loan-Forgiveness Plan Cast a Wider Net for Educators?
Education Week· 2 days agoThe plan would couple a variety of strategies, including forgiving loan amounts and forgiving interest payments, affecting about 30 million people in all. The U.S. Department ...