At the beginning of the COVID-19 pandemic, President Joe Biden announced a pause on student loans. However, with the pause going away, Dec. 31, 2022, the Biden Administration is setting up a loan forgiveness program to reduce outstanding student debts.
by Matin VarshochiDuring the COVID-19 pandemic, many people were laid off from their jobs causing their expenses to become unaffordable. Many people were unable to purchase some necessities and desired products outright, which caused them to turn to the buy now, pay later (BNPL) program.
by Matin VarshochiWhen President Joe Biden was elected into office, one of his main promises was to forgive borrowers’ student loans, and now it is beginning. Eligible borrowers can receive up to a $20,000 deduction in their outstanding student loans.
by Matin VarshochiOne of the simplest ways to secure financing is through a line of credit. The application process for lines of credit tends to be quicker and less involved than for other types of financing such as business loans, personal loans or mortgages.
by Pam HillIf you have decided to attend college, you will likely have to make many significant life choices before graduation. Below are some money management techniques that can help you save money and improve your financial situation.
by Nailah HerbertScholarships are the best option for getting a college degree debt-free. Here’s how you can get a free education by using scholarships.
by Shaun MorganThe U.S. economy has experienced higher inflation than before, reaching its highest point since 1990. As a result, many Americans are turning to their credit cards to pay for their needed goods and services that have risen in price. Unfortunately, excessive use of credit cards to pay for goods and services can have major financial setbacks.
by Matin VarshochiA recent class-action lawsuit has led to a settlement of approximately $7.5 billion for student loan borrowers who claim the Department of Education, under the Trump administration, had intentionally not followed regulations implemented by the Obama administration, which led to many people having their debt relief claims denied.
by Matin VarshochiCollege is a time of greater freedom and personal growth. It’s also an ideal time to learn and put in place personal finance habits that can last a lifetime.
by Pam HillThe current student loan debt in the United States is $1.7 trillion. However, there are many options to get through college without student loans. Below are five tips to help you graduate college without student loan debt.
by Shaun MorganNot everyone wishes to attend a four-year university or pursue a bachelor's degree or higher; thus, they turn to jobs that do not have a post-secondary degree as a job requirement.
by Sheena Allen