Tag: Personal loans
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Trump’s student loan overhaul could lead to more bankruptcy filings, former judge says
After nearly three decades as a bankruptcy judge, Sarah Sharer Curley writes about the legal process in her new book, “The Price of Forgiveness.”
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Older Americans feel less of the affordability crunch. How that could affect the midterm elections
Younger Americans face higher inflation and housing costs than baby boomers, widening the affordability divide ahead of the 2026 midterm elections.
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She made college ‘good debt’ for herself. Can she do the same for her daughter?
A generation ago, it was more common to put yourself through school. For reasons including rising education costs, It’s a feat that’s now far less manageable.
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Who gets to have ‘good debt’? A sociologist, theologian, philosopher and other experts weigh in
Humans have debated the merits and morality of debt throughout history.
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College was supposed to be ‘good debt.’ For many borrowers, it isn’t paying off
Rising college costs, growing student debt, changing repayment rules and a tougher job market are challenging the idea that student loans are “good debt.”
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Americans’ debt problems are flashing a warning not seen since the Great Recession
Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.
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Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
As affordability pressures mount, Americans are increasingly concerned about their financial future, the New York Fed’s data shows.
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Car buyers are stretching loans to afford payments — it’s a ‘potential warning light,’ analyst says
A record number of car buyers took out 84-month or longer loans in the third quarter, but rising amounts financed are pushing monthly payments to new highs.
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New York City’s ‘click to cancel’ subscription rule takes effect, joining states with similar laws
The Big Apple joins a growing number of jurisdictions adopting ‘click to cancel’ rules as the future of a federal standard remains unsettled.
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Treasury launches student loan support center as new data show 9.3 million borrowers in default
The Trump administration announced on Wednesday that it was launching a “Default Loans Support Center” for student loan borrowers who’ve fallen behind.
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