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3 mins read
Student-loan borrowers keep getting more signals of a rocky repayment road ahead
A recent GAO report found just over half of student-loan borrowers are current on payments. Changes…
Ayelet Sheffey
6 mins read
Meet the boomers cashing in on the golden age of retirement
For a certain cohort of retirees, retirement has meant financial stability and peace of mind.
Juliana Kaplan
8 mins read
Meet the Americans who can't retire
Retirees used to count on ample pensions and a chance to unwind after a long career. Not anymore.
Juliana Kaplan
3 mins read
Student-loan forgiveness for millions of low-income borrowers could be jeopardized by 'harmful servicing practices,' 4 advocacy groups say
The groups told student-loan industry leaders they will use "every tool" at their disposal to ensur…
Ayelet Sheffey
4 mins read
Millions of student-loan borrowers just got closer to relief, but a government report found thousands more are likely 'entitled' to forgiveness
Income-driven repayment plans are meant to make monthly payments manageable for low-income borrower…
Ayelet Sheffey
2 mins read
7,700 student-loan borrowers could be 'potentially eligible' for debt forgiveness — but they're still making payments, government watchdog finds
The GAO also found that since June 2021,157 student-loan borrowers have achieved forgiveness throug…
Ayelet Sheffey
2 mins read
7.8 million student-loan borrowers are at 'high-risk' of being unable to pay if Biden resumes payments in May, analysis says
The student-loan payment pause was vital in raising borrowers' credit scores, California Policy Lab…
Ayelet Sheffey
2 mins read
Student-loan payments resume in 90 days. Here's how the Education Department plans to make the transition easier for borrowers.
Student-loan payments resume on May 1, and flexibilities Biden will implement for borrowers include…
Ayelet Sheffey
1 min read
China's Gao Kao is the mother of all exams. Take a look at the 2 most important days of a Chinese high schooler's life.
The pressure can be immense, and the entire country knows it. Families put their lives on hold for …
Matthew Loh
8 mins read
Why paying off your student loans won't get easier anytime soon
Student-loan borrowers are struggling with an unprecedented repayment. But their challenges go back…
Ayelet Sheffey
2 mins read
There's no proof that student-loan companies are prepared to bring millions of borrowers back into repayment in under 2 weeks, 2 top Republican lawmakers say
Rep. Virginia Foxx and Sen. Bill Cassidy asked the GAO to investigate how the Education Department …
Ayelet Sheffey
2 mins read
Social Security recipients could face 'a rapid increase of wait times' to receive benefits if Congress fails to increase funding for the program, according to the union representing its workers
The American Federation of Government Employees warned Congress of the consequences of failing to b…
Ayelet Sheffey,Juliana Kaplan
3 mins read
Remote work has made downtown DC a ghost town as federal office buildings sit mostly empty
DC Mayor Muriel Bowser has urged the White House to bring federal workers back to the office or tur…
Eliza Relman
2 mins read
Singapore is cracking down on crypto ATMs to prevent buying 'highly risky' assets on impulse
"The trading of cryptocurrencies is highly risky and not suitable for the general public," the cent…
Isabelle Lee
11 mins read
Meet the 'new predators in higher education' who are driving students deeper into debt
Online courses provide huge profits to colleges — while saddling students with mediocre class…
Ayelet Sheffey
2 mins read
Chuck Schumer vows to fight the latest GOP attempt to block student-loan forgiveness in Congress 'with everything we have'
GOP Rep. Virginia Foxx said the GAO "confirmed" Congress' ability to overturn student-debt relief u…
Ayelet Sheffey
2 mins read
3 GOP lawmakers just introduced a plan for Congress to overturn Biden's student-loan forgiveness
Republican lawmakers want to strike down Biden's "irresponsible and unfair" student-debt relief usi…
Ayelet Sheffey
2 mins read
NASA has paused SpaceX's $2.9 billion moon-landing contract so courts can review a lawsuit from Jeff Bezos' Blue Origin
Jeff Bezos' Blue Origin sued NASA, saying it wanted to "remedy flaws in the acquisition process" fo…
Anna Cooban
8 mins read
It's not just Taylor Swift. Musicians describe the 'demented struggle' of touring in a shrinking industry where one giant company sells the tickets for most major venues.
A pure love of touring and music isn't enough to pay the bills. But that's the trade-off industry r…
Juliana Kaplan
3 mins read
Half of US states worry they'll run out of COVID-19 tests, and even more fear they won't have the supplies to distribute a vaccine, according to a government report
States were seeing shortages of personal protective equipment and testing supplies nine months into…