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Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000

A new Gallup survey found that 71% of student-loan borrowers have put off key life events, including finishing th.....»»

Category: dealsSource: nytApr 17th, 2024

Student-loan debt and skyrocketing housing prices have become so bad that more millennials are planning to rent forever

SOPA Images/Getty Images More millennials are planning to rent forever, according to a new Apartment List survey. Most said it's because they can't afford to buy a home — housing co.....»»

Category: topSource: businessinsiderNov 20th, 2019

One-Fifth Of Millennials Say Their Student Loan Debt May Prevent Them From Ever Buying A Home

As stocks roar back toward their all-time highs (ignoring repeated warnings about incipient weakness in US economic growth), it's worth remembering that millions of underemploy.....»»

Category: blogSource: zerohedgeMar 2nd, 2019

Kids and Money: Proposal could help student borrowers and Social Security program - Reading Eagle

Motley FoolKids and Money: Proposal could help student borrowers and Social Security programReading EagleHow's this for a hat trick - a plan that could ease the student loan debt crisis, provide a fresh start in life for many strapped borrowers and re.....»»

Category: topSource: googlenewsApr 30th, 2018

New report details extent of how student loan debt weighs on prospective home buyers

TOWN SQUARE | Nearly 60 percent of Americans who have student loans say the debt is at least somewhat of an obstacle to buying a home, according to the sixth annual NeighborWorks America at Home survey......»»

Category: topSource: washpostOct 2nd, 2018

New report illustrates how student loan debt hampers home-buying

TOWN SQUARE | Zillow study shows that renters with high debt qualify for far fewer homes than those without......»»

Category: topSource: washpostDec 20th, 2018

Student loan debt is keeping young people from buying homes, Fed study finds

Home ownership among those in the 24-to-32 group plunged from 45 percent to 36 percent for the period in the Fed survey......»»

Category: realestateSource: cnbcJan 16th, 2019

Red flags emerge as Americans" debt load hits another record

Some red flags emerged for the U.S. economy late last year as credit card inquiries fell, student-loan delinquencies remained high and riskier borrowers drove home automobiles, according to a report that could signal a downturn is on the horizon......»»

Category: topSource: reutersFeb 12th, 2019

Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with "decades-old predatory private" loans. Here"s how.

Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren wants some of their debt to be canceled first. Sen. Elizabeth Warren.Evelyn Hockstein-Pool/Getty ImageSen. Elizabeth Warren led a letter urging Navien.....»»

Category: worldSource: nytApr 18th, 2024

Biden"s new student-loan forgiveness plan just began its 30-day public comment period — and anyone can tell the administration what they think of the relief

The draft text for Biden's new student-debt cancellation plan is out, and anyone in the public can provide input on what the relief shou.....»»

Category: smallbizSource: nytApr 17th, 2024

Biden"s new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like

Biden's administration released its first set of draft rules for its new student-loan forgiveness plan, and borrowers have 30 days to comment on the.....»»

Category: topSource: businessinsiderApr 16th, 2024

Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections

Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections On Friday, President Joe Bi.....»»

Category: worldSource: nytApr 12th, 2024

277,000 student-loan borrowers who have "paid what they can afford" for at least a decade are getting $7.4 billion in debt wiped out

Student-loan borrowers on the SAVE plan, .....»»

Category: personnelSource: nytApr 12th, 2024

Biden administration taps Warren ally to lead Office of Federal Student Aid, a promising sign for efforts to wipe out student debt

Sen. Warren, who pushed for his appointment, said he would "apply his fearlessness and expertise to protecting student loan borrowers." John Minchillo/ AP Richard Cordray, former head of the CFPB, is set t.....»»

Category: topSource: businessinsiderMay 3rd, 2021

Elizabeth Warren says the government should fire student loan servicer Navient, which should fire its CEO

Sen. Elizabeth Warren held a hearing Wednesday on student debt relief, and she lit into Navient's CEO on investigations of misleading its borrowers. Sen. Elizabeth Warren (D-MA). Drew Angerer/Getty Imag.....»»

Category: dealsSource: nytApr 13th, 2021

: 1 million borrowers ‘ignored by Washington’ now eligible for COVID-related pause on student debt and collections

Millions of federal student-loan borrowers are still ineligible for COVID-19 era relief......»»

Category: topSource: marketwatchMar 31st, 2021

Biden"s Education Secretary just canceled $1 billion of student-loan debt for about 72,000 defrauded borrowers

Miguel Cardona's first major act reverses a Trump-era policy, providing about $1 billion of cancelation for student loans related to fraud. Supachok Pichetkul / EyeEm/Getty Images The Dept. of Education just said it's canceling de.....»»

Category: topSource: businessinsiderMar 19th, 2021

: Biden administration to cancel $1 billion in student-loan debt held by scammed borrowers

Borrowers who requested loan forgiveness but got only partial relief under former Secretary of Education Betsy DeVos will have their debts wiped away......»»

Category: topSource: marketwatchMar 19th, 2021

I am a mother of two kids, and my student debt is crushing my family. Forgiving student loans will help us escape the cycle of poverty.

Forgiving $10,000 isn't enough. Biden needs to forgive all student loan debt so my .....»»

Category: worldSource: nytFeb 20th, 2021

AOC criticizes Biden"s opposition to $50,000 in student loan forgiveness, saying his argument "is looking shakier by the day"

"Entire generations of working class kids were encouraged to go into more debt under the guise of elitism," Ocasio-Cortez argued. "This .....»»

Category: dealsSource: nytFeb 17th, 2021

: Have questions about managing student loan debt? MarketWatch’s ‘Mastering Your Money’ is here to help

Experts offered tips for borrowers preparing for student loan payments to start again. The next Mastering Your Money events are on Feb. 10 and Feb. 17......»»

Category: topSource: marketwatchFeb 8th, 2021