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5 mins read
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
9 mins read
The new homebuying rule that could save you thousands
New rules for Realtors will make buying a home more complicated. But both buyers and sellers could …
James Rodriguez
10 mins read
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tang…
4 mins read
Home loan tax deductions: Self-occupied vs rented, the differences
Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…
2 mins read
Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000
A new Gallup survey found that 71% of student-loan borrowers have put off key life events, includin…
Ayelet Sheffey
3 mins read
Look to refinance your home loan to save on EMI payments
Since May 2022, the EMI per lakh has gone up from ₹899 to ₹1,044. The RBI has raised the repo rate …
5 mins read
Rising interest rates hitting you hard? Here’s how to ensure your home loan is paid off before retirement
You may increase your EMI to up to 40-50% of your income at the most. Prepayment should be consider…
2 mins read
Student-loan payments will be paused for 3 million borrowers after federal judges blocked debt cancellation and cheaper bills through Biden's new repayment plan
After judges blocked key parts of the SAVE student-loan repayment plan, the Education Department sa…
Ayelet Sheffey
4 mins read
Biden and Trump have wildly different approaches to bringing home prices and rents down
Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to fed…
Eliza Relman
1 min read
Clarence Thomas ruled against student debt relief. Now a Senate panel alleges his healthcare exec pal forgave his $267,230 loan.
A wealthy healthcare executive loaned Clarence Thomas a significant amount of money that Thomas use…
Sonam Sheth
4 mins read
A key phase in Biden's new student-loan forgiveness plan has wrapped up, bringing borrowers one step closer to relief. But pushback is brewing.
The public comment period for Biden's new student-loan forgiveness plan is over, meaning implementa…
Ayelet Sheffey
3 mins read
It’s time to shift to fixed home loan rates, say experts after third rate hike in 4 months
Home loan EMIs are all set to rise once again as the Reserve Bank of India (RBI) increased the key …
2 mins read
Biden's new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.
The Education Department plans to begin implementing Biden's new student-debt cancellation plan thi…
Ayelet Sheffey
3 mins read
A millennial dentist with $231,000 in student debt is worried he'll have to sell his home or get a second job if Biden's new repayment plan is axed
David, 30, isn't asking for student-loan forgiveness. He's just asking for affordable monthly payme…
Ayelet Sheffey
3 mins read
Real estate demand may take a hit this festive season after RBI’s rate hike
As home loans get dearer, developers expect impact on festive demand. Higher interest rates are li…
4 mins read
A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India
Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but rather, a…
Ayelet Sheffey
4 mins read
Biden is still running on a promise to get student-loan forgiveness to 'as many borrowers as possible.' Here's where his debt relief efforts stand.
After the Supreme Court struck down Biden's first try at student-debt cancellation, he touted other…
Ayelet Sheffey
4 mins read
My adult kids live at home. Space is tighter and costs are higher, but it might be the best way for them to save enough money to buy a house.
Two of Alex Gonzalez's three children boomeranged to live at home again. It can be challenging, but…
Jordan Pandy
4 mins read
The Trump fraud trial verdict goes well beyond ordering the ex-president to pay $355 million. Here's what the ruling means.
Letitia James says Trump and his codefendants have to pay more than $450 million. Understand how th…
Laura Italiano,Jacob Shamsian
3 mins read
Student-loan borrowers could lose more than debt cancellation if the presidential election doesn't go Biden's way
The 2024 election is approaching, and student-loan forgiveness isn't the only thing on the line. Th…