Srdjanpav | E+ | Getty Images Interest will start accumulating on student loans again starting Sept. 1, following a pause on interest accrual that has lasted for more than three years during the pandemic era. That imminent policy change puts a spotlight on a key difference between two types of student debt: subsidized and unsubsidized
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Close up upset businesswoman in glasses having problem with laptop, broken or discharged device, confused unhappy woman looking at computer screen, reading bad news, unexpected debt or spam Fizkes | Istock | Getty Images The interest on federal student loans has started accruing again. Since March 2020, the interest rate on most government-owned education debt
Bitcoin Umit Turhan Coskun | Nurphoto | Getty Images Even as the Securities and Exchange Commission delays a decision on several applications for the first spot bitcoin exchange-traded fund, many in the crypto industry are still feeling optimistic for a future blessing from the agency. SEC filings dated Aug. 31 indicated the agency would give
Jlco – Julia Amaral | Istock | Getty Images After a three-year pause, millions of Americans with federal student loans will receive their first bill in roughly a month. When borrowers get their bills in October, they’ll be interacting with a lending system that has undergone several changes since before the pandemic. Here are four
A shopper makes their way through a grocery store on July 12, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images As high inflation persists, many workers may be struggling to come up with the cash to cover an unexpected emergency expense. To that point, 63% of employees are unable to
Source: Envato Elements Job openings and layoffs dropped slightly for another consecutive month in July, according to government data released on Tuesday. That slowdown is a sign the labor market is getting back to pre-pandemic patterns, economists say. The number of job openings edged down to 8.8 million in July, dropping from 9.58 million in June, reported
An estimated 48 million Americans are caring for someone over the age of 18. Many of them are family members caring for an elderly parent or older relative — and the value of that unpaid care is estimated at about $600 billion dollars a year, according to a recent report by AARP. Daphne Taylor, Debbie
Artistgndphotography | E+ | Getty Images Most Americans see climate change as a major threat. But income level seems to guide one’s willingness or ability to live a greener lifestyle. Fifty-nine percent of high-income consumers always or often choose sustainable products, whereas that’s true for only 44% and 42% of mid- and low-income households, respectively,
eclipse_images | E+ | Getty Images So-called junk fees can be tricky. The Consumer Financial Protection Bureau has been scrutinizing some banking fees, including those for overdrafts and non-sufficient funds, that can catch customers by surprise — and are “likely unfair and unlawful,” according to the agency. The consumer watchdog proposed a rule prohibiting financial institutions from charging certain fees on
Francisco Javier Ortiz Marzo | Istock | Getty Images In a month or so, millions of Americans will have to adjust their budgets to once again put hundreds of dollars a month toward their student debt. Their retirement savings may suffer as a result, experts warn. “Workers are already facing obstacles to saving for retirement,