How do high-yield savings accounts work?

High-yield savings accounts offer higher interest rates than traditional savings accounts. Learn how high-yield savings accounts work.

Denied Public Service Loan Forgiveness? Your case may be reviewed in the coming weeks

The Public Service Loan Forgiveness (PSLF) application process may be more streamlined thanks to a recent overhaul, but public servants like federal employees and active-duty service members may still be denied PSLF if they're on the wrong repayment plan or they have private student loans.

Biden may cut free community college from economic package

President Biden told a group of lawmakers on Oct. 19 that he plans on paring down his $3.5 trillion economic plan.

Advocacy group calls for one-time stimulus check for Social Security recipients

Advocates are calling for a one-time $1,400 stimulus check for older Americans, saying that an upcoming Social Security boost may not be enough — and could also do more harm than good.

Schumer reiterates call for Biden to cancel $50K of student loan debt per borrower 'with the flick of a pen'

Schumer renewed calls for President Biden to cancel up to $50,000 in college debt for federal student loan borrowers. Here's what the Education Department has said about loan repayment.

Private student loan rates tumble as October begins

The latest private student loan interest rates from the Credible marketplace, updated weekly.

Best personal loans for veterans and military members

Looking for a personal loan to address your financial needs? Learn more about personal veteran loans and other resources for veterans.

Teachers union reaches 'landmark settlement' in student loan forgiveness lawsuit against Betsy Devos

The settlement reached in the Weingarten v. Devos lawsuit will hold the Education Department responsible for changes to the PSLF program. It also discharged nearly $400,000 worth of student loans for the 8 plaintiffs involved.

Social Security checks to increase by 5.9% in 2022 as inflation jumps

The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.

Education Department extends Navient's federal loan servicing contract through 2023

The Department of Education extended its contract with student loan servicer Navient, according to data obtained on a federal procurement website. Here's what that means for borrowers.

September jobs report: US adds weak 194K jobs as delta maintains hold

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.

Longer student loan forbearance is needed, 40% of borrowers say in survey

The payment suspension on federal student loans was part of the greater push for COVID-19 emergency relief, but payments restart in just a few short months. According to a new survey, 40% of borrowers want a longer suspension of loan payments.