Biden announces a fresh round of $7.5 billion in student loans canceled

The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.

Your Social Security COLA increase could be bigger than expected next year

Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.

Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey

Roughly 3 in 4 borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in the plan, a recent Student Debt Crisis Center (SDCC) survey said.

The 25 best cities for buyers on a budget: Zillow

For buyers seeking affordability, Zillow's study shows the 25 most affordable areas throughout the country.

High inflation is costing Americans an extra $1K a month

Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.

Retired Americans with student loan debt risk garnishment of Social Security benefits

Democrat lawmakers want the Biden Administration to end the practice of Social Security garnishment to pay off outstanding student loan debt that impacts millions of older Americans.

Credit card delinquency rates hit worst level since 2012 in new Fed data

All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data.

1 in 3 Americans maxing out credit cards because of inflation: survey

The majority of Americans who have maxed out their credit cards said they did it because of price increases from inflation, a recent survey from Debt.com said.

Gas, housing and car insurance costs soar, fueling inflation in March

Shelter, gas and car insurance costs weighed heavily on consumer expenses, contributing to over half of the monthly increase in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).

How does your savings account compare to the average American?

The amount of money in your savings may vary depending on your income, lifestyle, monthly costs and other life factors.

Republican states file suit to stop Biden's SAVE student loan repayment plan

The Kansas-led lawsuit seeks to halt the SAVE plan immediately, arguing that the U.S. Department of Education has no authority to alter student loan repayment plans, essentially canceling more than $156 million in student loan debt.

3 in 4 Americans think tipping has gotten out of control, survey finds

Most Americans are getting tired of tipping and admit they only do it because they feel like they have to, according to a recent survey by WalletHub.