loans

Business

$1.6 trillion of student loans are up in the air as Trump moves in on the Department of Education

Education Secretary Linda McMahon is expected to move quickly now that the Supreme Court has cleared the way for the Trump administration to continue…

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Business

As more customers default on BNPL loans, Klarna’s CEO predicts AI will cause a recession

Klarna’s CEO has predicted that a recession could be around the corner as companies across the globe—including his own—reduce the…

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US Education Secretary questioned on student loans, mental health : NPR

Linda McMahon, U.S. Secretary of Education, during a Senate appropriations subcommittee hearing in Washington. Eric Lee/Bloomberg/Getty Images hide caption toggle…

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Food & Drink

Americans Are Relying on ‘Buy Now, Pay Later’ Loans Amid Rising Grocery Prices

Rising grocery prices are driving more consumers to use Buy Now, Pay Later (BNPL) loans to afford food, with 25%…

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Politics

A new era for student loans begins with garnished wages on the table

Starting Monday, student loan borrowers who find themselves in default will face government-backed involuntary collections, signaling a brand new landscape…

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Republicans propose massive overhaul of student loans, Pell Grants

WASHINGTON – Republicans in Congress are moving forward with a massive plan to overhaul how Americans pay for college. And…

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How to prepare for collection of defaulted student loans : NPR

The Department of Education says it will resume collections on defaulted student loans on May 5, affecting some 5 million…

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Trump Administration to resume collection on student loans in default : NPR

U.S. Secretary of Education Linda McMahon, during a cabinet meeting at the White House in Washington, D.C.. Al Drago/ABACA via…

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Student loans, special education to move out of Education Dept. : NPR

The federal student loan portfolio – which manages about $1.6 trillion in loans for roughly 43 million borrowers – is…

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Business

Americans see growing risk they’ll get turned down for loans

A growing share of US consumers say they’re not seeking loans because they expect to be refused amid tight credit…

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