Browsing Tag
Student Loan Debt
140 posts
Student loan debt is money borrowed by students to pay for college or higher education expenses, such as tuition, housing, books, and fees. These loans must be repaid with interest after graduation or leaving school. Student loan debt can come from federal or private lenders and often impacts a borrower’s financial future, influencing decisions like buying a home, saving for retirement, or pursuing further education.
Student Loans Preventing College Grads From Major Life Milestones
New Fidelity research finds two-thirds of recent college graduates say student loans prevent them from saving for retirement and getting married
August 7, 2023
401(k) Contribution Cutbacks Likely When Student Loan Payment Pause Ends
New Empower research finds 4 in 10 borrowers consider curtailing retirement contributions to help pay off student loans
August 1, 2023
Biden Administration Cancels $39 Billion in Federal Student Loan Debt
The latest plan is one of several in Biden's new path to forgiving billions in federal student loan debt
July 14, 2023
Hottest Topics of 2023: Mid-Year Review of Most-Viewed Articles
The Fourth of July holiday marks the ideal time to look back at the issues sparking the most reader interest during the first half of the year
July 3, 2023
Unforgiven: Supreme Court Strikes Down Biden’s Student Loan Forgiveness Plan
6-3 opinion released today means federal student loan borrowers still on the hook for full amount with payments set to resume in October
June 30, 2023
10 States with Highest and Lowest Student Loan Debt
New CreditDonkey study finds Maryland has the highest average student debt while South Dakota carries the least
June 29, 2023
Supreme Court Still Quiet on Student Loan Forgiveness Fate
While federal student loan payments will restart this fall, justices still haven’t announced their decision on President Biden’s controversial plan; next opportunity is Thursday
June 27, 2023
Supreme Court Ruling on Biden’s Student Loan Forgiveness Expected by End of Week
Either way, federal student loan payments set to resume in October after 42-month pause
June 20, 2023
2 Secure 2.0 Provisions: Financial Relief for Young 401(k) Users
Cerulli report explains how emergency savings and student loan provisions in new legislation can boost financial wellness for Gen Z and Millennials
June 20, 2023
How Certain SECURE 2.0 Provisions Can Ease Participant Retirement Savings Challenges
T. Rowe Price white paper explains how emergency savings and student loan provisions can boost financial wellness
June 13, 2023