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Lack of funds stopping you from pursuing higher education? The government can come to rescue
The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says
White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …
Ayelet Sheffey
A millennial with a doctoral degree and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
A millennial said she regrets her degrees and recommends people do their homework before pursuing h…
Jacob Zinkula
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
Tempted by a top up loan offer? Here’s why it may not be a bright idea
Several financial institutions offer a top-up on personal loans to existing borrowers who have a go…
I got married at 25 and took a personal loan of $15,000 to pay for the wedding. I don't regret it.
The author and her high school sweetheart took out a loan to pay for their wedding. It took them fi…
Jessica Tzikas
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
Loan limit under MUDRA scheme to be doubled to ₹20 lakh: Sitharaman
Further, the Centre will also promote investment-ready industrial parks in 100 cities, the fina…
PTI
A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …
Ayelet Sheffey
China's attempts to save its flailing housing market haven't boosted confidence among top Wall Street analysts
Analysts say the new measure to prop up its struggling property market aren't enough to solve bigge…
Kelly Cloonan
Housing sales up 36 pc in Jul-Sep in top 7 cities to record 1,20,280 units: Anarock
Housing sales rose 36 per cent year-on-year to a record 1,20,280 units across seven major cities du…
PTI
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…
The race in Big Tech to sell customers on AI products is heating up
AWS is stepping up its AI sales strategy as the industry looks to get a return on the big bets they…
Dan DeFrancesco
Middle-class Gen Xers are facing a new retirement challenge: their student loans
Student-loan debt is weighing down older workers, who may see their Social Security garnished to pa…
Juliana Kaplan,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
25 million student-loan borrowers could get up to $20,000 in debt wiped out under Biden's new debt relief plan
Biden unveiled details of his new student-loan forgiveness plan, which would get rid of any unpaid …
Ayelet Sheffey
Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help …