(WASHINGTON) -- President Joe Biden touted a new pathway for debt relief that kicked into gear Wednesday for 153,000 student loan borrowers, calling it a ticket to "chase dreams" in a speech in Culver City, California, and highlighting a key part of his 2024... Read More.
(WASHINGTON) -- The Biden administration will begin automatically relieving student debt for another 153,000 people on Wednesday, bringing the total number of Americans approved for debt relief to nearly 3.9 million.President Joe Biden will tout the new debt relief in a speech from Los... Read More.
(WASHINGTON) -- The federal government's record-high national debt is set to get even bigger, reaching a massive $54 trillion by the year 2034.That's according to a new forecast released Wednesday from the nonpartisan Congressional Budget Office (CBO).The CBO cited an aging population and rising federal... Read More.
(NEW YORK) -- Americans' credit card balances climbed to a new record high $1.13 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.Credit card debt increased by $50 billion in the fourth quarter of 2023 alone, a 4.6% jump... Read More.
(NEW YORK) -- U.S. credit card debt has soared over the last couple of years and recently it reached a major milestone.Americans' combined credit card balances topped $1 trillion dollars last year, according to the Federal Reserve Bank of New York.By comparison, combined credit... Read More.
(WASHINGTON) -- The Biden Administration is rolling out another pathway to debt relief for certain student loan borrowers next month.The program targets people who took out smaller loan balances initially and have been paying their loans down for over a decade, unable to get... Read More.
(The Center Square) – Newly released data shows the five states where Americans are most and least in debt. ... Read More.
(WASHINGTON) -- Former U.N. Ambassador Nikki Haley sought to draw a distinction with Donald Trump, her former boss and the Republican primary front-runner, in a new interview with ABC "This Week" co-anchor Jonathan Karl.Appearing alongside New Hampshire Gov. Chris Sununu, a top Trump critic... Read More.
(NEW YORK) -- When Nisa Betancourt graduated college in May 2020, it was an unusual time.Amid the coronavirus pandemic, Betancourt was unable to accept her diploma in person and the federal government placed a pause on student loan repayments and set interest rates to... Read More.
(NEW YORK) -- Credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve report this week showed.The report demonstrates the... Read More.
(The Center Square) – Thanks to smart fiscal decisions made decades ago, Washington state is one of only two states – the other being New York – predicted... Read More.