College costs have risen at nearly 5x the rate of inflation, report finds
The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.
Student loan payments restart in February, but survey finds 89% of borrowers aren't ready
About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.
Tips for saving money this Thanksgiving
Supply chain issues are pushing up the cost of nearly everything, including turkeys for Thanksgiving. But you can find some ways to save.
Build Back Better expands EV tax credit with $12.5K incentive on American-made electric cars
The Biden administration's trillion-dollar spending plan offers enhanced incentives for EV buyers who purchase a car through a domestic automaker.
The risks of using buy now, pay later to finance holiday shopping on Black Friday
Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.
Build Back Better bill: Latest on the SALT deduction battle
Residents of high-tax states — such as New York and New Jersey — are looking for some relief on their tax bills via the Democrats' sweeping legislation that would raise the cap on the SALT deduction.
Student loan borrowers begin to receive $2B worth of forgiveness under PSLF waiver
The Biden administration's temporary PSLF waiver will make it easier to have their federal student loans forgiven.
Social Security benefits see highest boost in 40 years, but inflation is higher
Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.
This is the state where student loan borrowers struggle the most to repay their debt: report
A new study compared the average student loan debt to median annual earnings for student loan borrowers two years after graduation. See what you can do if you want to avoid delinquency.
This Social Security statement change could simplify your retirement planning
The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.
Higher educational achievement increases homeownership chances, study shows
A new study shows that higher education is helping millennials become homeowners, even amid rising student debt.
How to decide if you need flood insurance for your home
Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.
Student loan forgiveness memo: Expert says Biden has authority to cancel student debt
The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.
Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds
Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.
Stimulus check for Social Security recipients? Why a senior citizens group says it's urgent
The Senior Citizens League sent a letter to Congress, urging it to issue a fourth stimulus check of $1,400 to Social Security beneficiaries.
Biden administration begins notifying borrowers of student loan servicer changes
FSA began notifying borrowers of changes to their federal student loan repayment plans. Here's what you should know if your loan servicer is changing.
Why is Social Security running out of money?
If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.
Gen Z consumers are driving the credit industry rebound, TransUnion report finds
The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.
Financial literacy course now required for Ohio high school students
Ohio high school students will be required to pass at least one half-credit course in financial literacy in order to graduate, according to a new law.
Social Security benefits could be slashed earlier than expected
Social securities are set to increase at their highest rate in 40 years in 2022, but could be slashed early by 20% or more if Congress doesn't act.