President Joe Biden and U.S. Secretary of Education Miguel Cardona, June 30, 2023. Demetrius Freeman/The Washington Post via Getty Images The Biden administration Friday said it would forgive $39 billion of student debt for 804,000 borrowers, many of whom may be wondering if the action will meet the same doom as the forgiveness plan killed
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People rally in support of the Biden administration’s student debt relief plan in front of the the U.S. Supreme Court on Feb. 28, 2023. Drew Angerer | Getty Images News | Getty Images Following a Supreme Court ruling last month that effectively killed President Joe Biden’s original student loan forgiveness plan, the White House is quickly moving
Supporters of student debt forgiveness demonstrate outside the U.S. Supreme Court on June 30, 2023, in Washington, DC. Olivier Douliery | AFP | Getty Images If you’re expecting debt cancellation from the latest round of student loan forgiveness, there’s good news: It won’t trigger a federal tax bill. The Biden administration on Friday announced a
Kate_sept2004 | E+ | Getty Images As Americans with student loan debt brace for their monthly payments to restart and recover from the recent sting of the Supreme Court’s ruling against loan forgiveness, some groups are looking to the workplace as a firewall to funnel aid to borrowers. SHRM, a group representing human resources professionals,
First tip prompts, now surcharges. These fees, which typically range between 3% and 5%, are catching on at restaurants across the country. They may cover health insurance, inflation, credit card transactions or even tap water. Similar to ‘tipflation,’ the extra expenses can add a significant amount to the cost of dining in or carrying out. More
A real estate agency window in Alicante, Spain. Sopa Images | Lightrocket | Getty Images More Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement. The number of Americans living in Spain grew by 13% from 2019 to 2021, and home sales
Supreme Court justices listen to arguments. Artist: Bill Hennessey When the Supreme Court struck down the Biden administration’s student loan forgiveness plan at the end of June, it dealt a crushing blow to the president as he runs for reelection and to the tens of millions of Americans who were promised the financial relief. Unsurprisingly,
While the thought of funding your retirement adequately might be daunting, if you start planning now, you’ll certainly be thankful later. It’s never too early to start thinking about retirement and it might not be as difficult as you think. Retirement usually entails replacing your annual salary from a workplace with other income sources to
President Joe Biden announces new actions on June 30, 2023 to protect borrowers after the Supreme Court struck down his student loan forgiveness plan. Chip Somodevilla | Getty Images The Biden administration announced on Friday it would automatically forgive $39 billion in student debt for 804,000 borrowers. The relief is a result of fixes to
Jose A. Bernat Bacete | Moment | Getty Images Airfare to Europe hit an all-time high this summer. But those dissuaded by the sticker shock can still travel overseas in coming months and cut costs by perhaps hundreds of dollars a ticket. Flying to Europe from the U.S. during the fall “shoulder season” — in