student loans

President Joe Biden on Wednesday announced plans to forgive a portion of federal student debt for qualified borrowers and to extend the loan payment freeze until the end of the year. What To Know: The Department of Education will provide up to $10,000 in federal...

President Joe Biden is expected to deliver on a campaign promise Wednesday by confirming the cancelation of federal student loan debt. Here's what we know so far ahead of Biden's speech at 2:15 p.m. EST: Anyone with federal student loan debt who makes less than $125,000 a year will see $10...

A portion of student loan debt for millions of Americans is expected to be forgiven via executive action from President Joe Biden Wednesday. A U.S. senator is speaking out in support of Biden’s announcement and taking on a public company that is a large player in the student loan...

Fintech company SoFi Technologies (NASDAQ: SOFI) was scheduled to report its first quarter earnings after market close Tuesday. Instead, the company saw its earnings leak Tuesday and put out its earnings report early. Here are the key highlights for investors. What Happened: SoFi Technologies...

One of the largest U.S. student loan collection companies will be canceling hundreds of thousands of loans and paying restitution to a number of borrowers as part of a $1.85-billion settlement announced last week. What Happened? Navient Corp (NASDAQ: NAVI) has agreed to a settlement agreement...

Yes, you heard that right. A California man supposedly paid off his student loans by eating at Six Flags Entertainment Corp (NYSE: SIX). But how? Carnival and amusement park food are usually overpriced, right?  Not when you game the system like Dylan, a 33-year-old electrical...

In 2015, Michael Bloch left his early career at DoorDash to attend Stanford Business School, but the dream of an MBA was short-lived. Saddled with $300,000 in loans from his wife’s law school, Bloch decided the family had amassed enough student debt. In fact, Americans had amassed enough...

Mike Calhoun was dismissed as a doomsdayer when he sounded the alarm on subprime mortgages ahead of the 2008 housing market crash. "We projected over 2 million subprime mortgage foreclosures, and the response was we were ridiculed by the industry," Calhoun, the president of the Center for...

Beginning October 7, 2019, veteran and novice retail traders alike are invited to participate in the WeTrader Paper Trading Competition. For the uninitiated, paper trading is an entirely simulated investing tool that traders use to experiment with complex and novel trading strategies with zero risk...

Will the next drag on America's economy tunn out to be student loans? America's student loan debt burden hit $1.56 trillion, more than any other kind of household debt except for mortgages, according to StudentLoanHero.com. Student loans are one of the most pervasive debts. The...

When it comes to student debt, more than half of borrowers are struggling to make their payments. Refinancing your student loan is an excellent option to lower your monthly bill or to pay less interest over the life of your loan. Even though refinancing could make student loan debt more manageable...

Yet another $840-billion U.S. federal deficit in 2018 has pushed the national debt to $21.8 trillion as the year draws to a close. While most Americans are finalizing their 2018 finances in the last several weeks of the year in preparation for 2019 tax season, Benzinga took a look at just how much...

Student loan debt in America has topped $1.5 trillion dollars, and millennials hold a large amount of that debt burden. As of 2017, 37.5 percent of Americans with student loan debt were under the age of thirty. A study by MagnifyMoney highlights the difficulties millennials face because of...