Seksan Mongkhonkhamsao | Moment | Getty Images The Supreme Court struck down the Biden administration’s student loan forgiveness plan Friday. While the bombshell ruling will undoubtedly be a blow to borrowers who had hoped — perhaps even expected — they’d have up to $20,000 of their student debt erased, the verdict is unlikely to be
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U.S. President Joe Biden speaks about the Supreme Court’s decision overruling student debt forgiveness in the Roosevelt Room of the White House in Washington, D.C., June 30, 2023. Jim Watson | AFP | Getty Images President Joe Biden suggested on Friday that he was looking for another avenue to deliver student debt relief after the
Supporters of student debt forgiveness demonstrate outside the US Supreme Court on June 30, 2023, in Washington, DC. Olivier Douliery | AFP | Getty Images The Supreme Court on Friday struck down President Joe Biden’s student loan forgiveness plan, denying tens of millions of Americans the chance to get up to $20,000 of their debt
JGI/Tom Grill | Tetra images | Getty Images A federal program for low-income elderly and disabled individuals — known as Supplemental Security Income — includes savings limits for beneficiaries that have largely not been updated since the program was created in 1972. Individuals who receive SSI benefits may have just $2,000 in assets, while married
U.S. Supreme Court, Biden vs Nebraska, Student Debt Relief Program Douglas Rissing | Istock | Getty Images The Supreme Court‘s term is almost over and the justices still haven’t issued a decision on President Joe Biden’s plan to cancel up to $20,000 for tens of millions of Americans. But the ruling is almost certain to
Harvard Yard, on the campus of Harvard University in Cambridge, Massachusetts. Maddie Meyer | Getty Images By lunchtime Thursday, Christopher Rim, president and CEO of Command Education, had received more than two dozen calls from students and their families, all with one question: How would the Supreme Court‘s ruling on the affirmative action admission policies of Harvard
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Fotograzia | Moment | Getty Images BOSTON — As worried about climate change as workers might be, it can be tricky if not impossible to invest with the environment in mind in your workplace retirement plan. Less than 5% of 401(k) plans offer funds dedicated to environmental,
The U.S. Supreme Court building in Washington, D.C., on June 27, 2023. Kevin Dietsch | Getty Images The Supreme Court will soon hear a case that could affect broad swaths of the U.S. tax code, corporate revenue and federal wealth tax proposals. The case, Moore v. United States, is slated for the next court term
Thanasis Zovoilis | Getty Callers who have sought help from the Social Security Administration in recent years have reported long wait times, dropped calls and inability to access the agency’s services. A new report from the Social Security Administration Office of the Inspector General finds the agency experienced more than 40 telephone system disruptions between
Getty Images After a tough year for the stock and bond markets in 2022, some advisors are turning to alternative investments, according to a new survey from the Financial Planning Association. Nearly 30% of advisors are actively investing in or seeking alternative investments, or “alternatives,” for clients, the findings show. These assets typically fall outside