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5 mins read
A peak boomer fears she can't retire with $2,000 Social Security payments — and may have to move in with her sons
Becky Davenport, 61, fears she may never retire and might need to move in with her children — a fea…
Noah Sheidlower
2 mins read
Student-loan borrowers on Biden's new repayment plan are now waiting for the Supreme Court to decide whether cheaper payments and debt cancellation can resume
After the 8th Circuit officially blocked Biden's SAVE student-loan repayment plan, the Justice Depa…
Ayelet Sheffey
5 mins read
A retired boomer who gets $1,662 in Social Security moved in with roommates to afford her medical bills: 'It's the only way I can afford to live comfortably'
Marion, 70, moved to Ohio to live with two roommates due to rising rent in Washington, helping her …
Noah Sheidlower
3 mins read
A boomer living off Social Security is worried she'll lose lower student-loan payments through Biden's new plan: 'It seems like a war on the old and the poor'
Sue, 70, has $84,000 in student loans, and the SAVE plan helped her manage her payments. Now that i…
Ayelet Sheffey
4 mins read
A New York basic income participant used his monthly $1,000 to pay bills and launch a nonprofit
Kenneth McQueen, 35, received $1,000 a month through a New York guaranteed basic income pilot. He u…
Allie Kelly
2 mins read
2 federal courts just blocked student-loan forgiveness and cheaper monthly payments under Biden's new repayment plan
Two separate rulings from federal judges in Kansas and Missouri halted student-debt cancellation an…
Ayelet Sheffey
2 mins read
A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief
The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…
Ayelet Sheffey
2 mins read
8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full
A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers will be plac…
Ayelet Sheffey
2 mins read
A federal court has now blocked Biden's new student-loan repayment plan in full, prohibiting borrowers from getting cheaper payments and debt cancellation
The 8th Circuit Appeals Court blocked the SAVE student-loan repayment plan in its entirety, forcing…
Ayelet Sheffey
3 mins read
With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report
Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…
4 mins read
Baltimore gave young parents $1,000 a month. Participants used the money to pay bills and secure stable housing.
Baltimore gave low-income parents $1,000 a month for two years. Participants used the money for bil…
Allie Kelly,Noah Sheidlower
4 mins read
A millennial dad's $0 student-loan payments gave his family some breathing room. Then courts blocked Biden's repayment plan leaving 8 million borrowers like him in limbo.
Alan Pedrick, 41, is worried he'll have to cut back on his kids' after-school programs if the SAVE …
Ayelet Sheffey
2 mins read
Some student-loan borrowers will soon get cheaper monthly payments through Biden's new repayment plan — but their accounts might be paused in the meantime
The Education Department is placing some student-loan borrowers on the SAVE plan on forbearance as …
Ayelet Sheffey
3 mins read
2 St. Louis residents are suing the city's basic-income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
St. Louis is giving low-income families $500 monthly, but a lawsuit aims to block the guaranteed-ba…
Allie Kelly,Noah Sheidlower
3 mins read
Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect
Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of t…
Ayelet Sheffey
4 mins read
A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).
Maureen lives on $1,601 monthly Social Security payments but doesn't want to use her 401(k) because…
Allie Kelly
2 mins read
People are forking out record $2,800 a month on average just to cover their mortgage payments
The median monthly mortgage payment jumped 11% in the past year due to surging interest rates and s…
Theron Mohamed
3 mins read
758,000 more student-loan borrowers didn't receive on-time billing statements in the fall — and they won't have to make payments until the issues are resolved
The Education Department is withholding over $2 million in pay from student-loan companies Nelnet, …
Ayelet Sheffey
4 mins read
Artists in New York got $1,000 monthly through a basic income program. One participant used the money to pay bills and afford healthcare.
Jacinta Bunnell, 52, received guaranteed basic income from Creatives Rebuild New York. The program …
Allie Kelly
3 mins read
Meet a single mom with $60,000 in student debt who was billed over $100 more than she was told her monthly payment would be: 'I will be struggling if I made that payment'
When Ann Currie applied for the SAVE income-driven repayment plan, she had a projected $47 monthly …