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Finance

The Federal Reserve cuts interest rates by another quarter point. Here’s what that means for you

The Federal Reserve announced Wednesday that it will lower its benchmark rate by another quarter point, or 25 basis points. This marks the third...

Finance

Biden’s student loan forgiveness ‘Plan B’ is in its ‘last step,’ expert says. What borrowers need to know

US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024. Daniel Steinle | Bloomberg | Getty ImagesWith weeks...

Finance

More employers add 401(k) plan match for workers paying student loans

Morsa Images | Digitalvision | Getty ImagesCompanies can now offer their workers a "match" on their student loan payments in the form of a...

Finance

Federal student loan borrowers in default may again face wage garnishments, collections

Mementojpeg | Moment | Getty ImagesBorrowers should 'not let it get this far'Borrowers should receive numerous notices from their student loan servicers before they...

Finance

Student loan borrowers may face higher payments under Trump

Tomas Rodriguez | Corbis | Getty ImagesPresident-elect Donald Trump has made his dislike for student debt relief clear. Experts expect he will abandon or...

Finance

Student loan servicers are pulling incorrect payments from borrowers’ bank accounts, consumer protection bureau says

Boogich | E+ | Getty ImagesLenders often encourage federal student loan borrowers to enroll in automatic payments. It can seem like a good idea...

Finance

Trump’s win may put this popular student loan forgiveness program at risk

10'000 Hours | Digitalvision | Getty ImagesCurrent borrowers should remain entitled to reliefWhile the program remains in effect, borrowers are entitled to the relief,...

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