Economy News The Student Loan Debt Crisis It S Impact On The Economy May Be More Than You Think

I Asked ChatGPT What Would Happen If the Top 1% Paid Off America’s Student Debt

What if America’s wealthiest paid off student debt? See how much it would cost and what impact it could have on borrowers and the economy. Read More

One-Fourth Of America's Unemployed Are Now College Grads— Chamath Palihapitiya Warns Student Loans Are Fueling The Crisis

Chamath Palihapitiya blasts student loans as college grads comprise 25.3% of total unemployment. Inside the growing "white-collar recession." ... Read More

Texas tackles student debt crisis with expanded financial aid as living costs soar

It’s no secret that higher education is expensive. Although Texans owe less per borrower than their peers nationwide, $33,770 is the average student loan debt in Texas, according to the Education Data ... Read More

Credit scores drop at fastest pace since the Great Recession

Credit scores are falling at the fastest pace since the Great Recession as Americans struggle to keep up with the high cost of living and the return of student debt payments. The national average FICO ... Read More

Federal student loan changes may do more than increase payments. What to know

Greg Jackson, a history teacher for New Haven Public Schools, remembers coming home from class at community college in Orange County, New York, in 1993 to find a $3,000 bill waiting for him. He said ... Read More

‘Til Debt Do Us Part: Student Loan Debt Crisis Drives Surge in Prenups, LegalShield Research Reveals

Student debt has transformed prenuptial (prenup) agreements from wealth preservation tools into debt shields. Seventy-seven percent of Americans with student loans would consider a prenup, according ... Read More

Federal student loans are disappearing—but only for borrowers who did this one thing

After months of uncertainty, some federal student loan borrowers will soon have their debt canceled. But there’s a hook: You must be enrolled in a very specific program and have made sufficient ... Read More

Who is Ray Dalio, and why is he so worried about the economy?

Billionaire investor Ray Dalio has warned that the U.S. economy faces mounting risks from debt, inflation, and geopolitical tensions. He cautions that America’s debt-fueled spending and rising ... Read More