Education

Student loan repayments may not resume until August.  Here's what borrowers need to know

Student loan repayments may not resume until August. Here’s what borrowers need to know

President Joe Biden and Education Secretary Miguel Cardona. The Washington Post | The Washington Post | Getty Images It’s been almost three years since people with federal student loans had to pay off their debt, and the Biden administration recently announced that borrowers have even more time. In March 2020, when the coronavirus pandemic first …

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What borrowers need to know while student loan forgiveness is in limbo

What borrowers need to know while student loan forgiveness is in limbo

Olga Riazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers receive what sounds like good news from the US Department of Education. “We have reviewed your application and determined that you are eligible for loan relief under the Plan,” according to a letter sent by Education Secretary Miguel A. Cardona. …

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This state has the best personal finance education in the US - you can tell by its average credit score

This state has the best personal finance education in the US – you can tell by its average credit score

Financial literacy is key to managing money, but how well are states preparing their students? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of public high school students in Tennessee have what is …

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The floodgates are open to grandparents to save on college for grandkids

The floodgates are open to grandparents to save on college for grandkids

If you’re a grandparent looking to save the day by helping your grandkids pay for college, take a look at a tax-efficient 529 college savings plan before the end of the year. Rule changes to federal financial aid calculations in 2023 mean new investment opportunities are open for family members to help without hurting financial …

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