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A major student-loan company is 'improperly' rejecting some borrowers for debt cancellation they qualify for, 18 Democratic lawmakers say
Sen. Elizabeth Warren is leading her colleagues in asking student-loan company Navient for answers …
Ayelet Sheffey
Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.
The Education Department is taking another step toward implementing its broader student-loan forgiv…
Ayelet Sheffey
Student-loan borrowers on Biden's new repayment plan have 2 options to get credit toward debt cancellation while the program is blocked
With the SAVE plan blocked, student-loan borrowers have a couple of options to get credit toward de…
Ayelet Sheffey
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
In the morning, a court handed millions of student-loan borrowers a lifeline. By the evening, a dif…
Ayelet Sheffey
Russia can rely on China for the yuan, but China can't rely on anyone else
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…
Huileng Tan
Some student-loan borrowers might get debt cancellation now that a major forgiveness program is back
The Public Service Loan Forgiveness program was paused in May as borrowers were transitioned away f…
Ayelet Sheffey
Credit card companies are ripping you off like never before
Sky-high credit card interest rates are making it hard for many Americans to pay off their growing …
Ayelet Sheffey
Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain
The Supreme Court struck down the Chevron doctrine, inviting uncertainty over the fate of federal r…
Ayelet Sheffey
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
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
Gold is the 'last safe haven' as Treasurys face risks from soaring US debt, Bank of America says
Bank of America strategists see 11% upside for gold by the end of next year as the Treasurys are th…
Kelly Cloonan
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …
Jennifer Sor
Kamala Harris is embracing the degree-free wave — and thousands of workers could benefit
Vice President Kamala Harris proposed getting rid of college degree requirements for 500,000 federa…
Ayelet Sheffey
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.
After Navient was banned from federal student-loan servicing, Elizabeth Warren told BI it's a warni…
Ayelet Sheffey
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
Trump and Harris are pushing proposals that 'ignore economic reality,' billionaire investor Howard Marks says
Billionaire investor Howard Marks scrutinized policies on both sides of the aisle.
Filip De Mott
A Gen Xer got $112,000 in student loans forgiven after paying off a 'worthless degree' for over a decade. Now she can enter retirement debt-free.
Sheila Reed, 57, graduated from a school the Education Department later found fraudulent. She was "…
Ayelet Sheffey
Biden's Education Department is considering avenues to make 450,000 more workers eligible for a key student-debt cancellation program
The Education Department issued a request for information on expanding Public Service Loan Forgiven…