President-elect Donald Trump has repeatedly said he plans to shut down the U.S. Department of Education once he takes office. The department provides approximately 10% of K-12 funding and enforces federal civil rights in schools. However, it plays a much larger role in the financing of higher education. By managing approximately $1.5 trillion in student … Read more
Washington: US President Joe Biden on Thursday announced additional student debt relief for public sector employees — amounting to about $4.5 billion — with just over two weeks remaining until the presidential election. The measure affects about 60,000 borrowers across the country, the White House said, praising efforts by Biden and Vice President Kamala Harris … Read more
Ads by Money. We may be compensated if you click this ad.Ad For the first time in years, Americans are living in a world of falling interest rates. With the Federal Reserve cutting its benchmark interest rate in September by half of a percentage point — and more rate cuts likely in the pipeline — … Read more
Ads by Money. We may be compensated if you click this ad.Ad *Rates and APRs are subject to change. All information provided here is accurate as of August 28, 2024. Money’s Main Takeaways Home equity loans let you access the equity you’ve gained in your home over the years. These loans often have lower interest … Read more
*Rates and APYs are subject to change. All information provided here is accurate as of August 28, 2024. Money’s Main Takeaways Debt consolidation loans can be an effective way to pay off high interest debt if you qualify for a favorable interest rate, make your loan payments on time and don’t accrue any more bad … Read more
Money’s Main Takeaways Using a no-appraisal home equity loan (HELOAN) is an option when you need to access cash quickly and want to take advantage of your home’s increased value. This type of loan can be processed faster than a traditional equity loan since it doesn’t require a formal appraisal. There are several lenders that … Read more
Ads by Money. We may be compensated if you click this ad.Ad Student loan debt has been linked with lower homeownership rates, stunted career growth and delayed retirement savings. So it’s little surprise that many borrowers are eager to be debt-free as quickly and efficiently as possible. Much of what works for knocking out other … Read more
Ads by Money. We may be compensated if you click this ad.Ad Student loan debt has been linked with lower homeownership rates, stunted career growth and delayed retirement savings. So it’s little surprise that many borrowers are eager to be debt-free as quickly and efficiently as possible. Much of what works for knocking out other … Read more
Ads by Money. We may be compensated if you click this ad.Ad There are two main types of student loans: federal student loans — issued by the U.S. Department of Education — and private student loans. Both differ in interest rates, eligibility requirements, loan modification options and forgiveness programs. Although federal loans offer more flexible … Read more