The Hidden Costs of College Debt Forgiveness
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Why you should consider credit card debt forgiveness before June
Credit card debt forgiveness may help you get out of debt faster. Here's why you should enroll before June.CBS News - Top stories -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
These California college students live in RVs to afford cost of education
"I don't feel homeless, but I am legally homeless," said one of the dozens of students at Cal Poly Humboldt who call an RV or other vehicle home.CBS News - Top stories - California -
EA Sports College Football 25 price: Breaking down cost for each edition as video game returns
EA Sports unveiled plenty of information about its most anticipated release in a long timeCBS Sports - Sports - College Football -
House passes TICKET Act targeting concert 'hidden fees'
The House passed bipartisan legislation Wednesday that would require event ticket sellers to disclose the total cost of tickets upfront to consumers, including so-called hidden fees. The bill, dubbed the Transparency In Charges for Key Events ...The Hill - Politics -
'Hidden Faces: Covered Portraits of the Renaissance' Review: Seeing Both Sides
An exhibition at the Metropolitan Museum of Art reunites the components of several works from the era—which were often double-sided or fitted with movable covers—and thus reveals deeper meanings rich with symbolism and ambiguity.The Wall Street Journal - World -
The Cost of Competing With China
The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels.The New York Times - Top stories - China -
Your Money: Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.The New York Times - Top stories -
Biden’s student-loan forgiveness plan comment period is ending. Here’s what people are saying.
Many commenters are urging the Biden administration to move forward with its mass student-loan forgiveness plan.MarketWatch - Business - Joe Biden -
As student loan forgiveness nears $160 billion, here's what to know about the relief programs
In attempts to fix the country's $1.6 trillion student loan system, the Biden administration has routinely announced forgiveness of large shares of that debt.CNBC - Business -
Janet Yellen's Risky Debt-Management Business
Her overreliance on short-term borrowing sets taxpayers up for a painful economic reckoning.The Wall Street Journal - World -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
Parents Are Feeling the Pain of Inflation and Child-Care Costs
An annual survey from the Fed maps how Americans perceive the economy and their own situations.The Wall Street Journal - World -
Congress needs to rescue college athletics
In recent months, court rulings, state legislation, and government agency intervention have upended the college athletic landscape.The Hill - Politics -
Biden speaks at Morehouse College commencement
President Joe Biden gave a commencement speech at Morehouse, one of the country's preeminent historically Black colleges, as pro-Palestinian protests continue on campuses across the US.CNN - Top stories - Joe Biden -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
Shoppers are taking on credit-card debt to buy groceries. That’s ‘a canary in a coal mine.’
As grocery prices rise, one in four adults who pay for food with credit cards are carrying debt.MarketWatch - Business -
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
Gen Z knows it has a debt problem — and it’s getting help for it
“Instead of suffering in silence or going purely self-help,” younger people in debt “are looking into their options and talking to people,” one expert said.MarketWatch - Business -
4 dangers of not paying off your credit card debt
Skipping credit card payments may give you some relief when money is tight, but the repercussions can be serious.CBS News - Top stories -
Peloton unveils convertible-debt refinancing, and its stock falls 3%
Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 3.3% lower in the after-hours session.MarketWatch - Business -
4 ways to pay off $10,000 in credit card debt quickly
Do you have $10,000 in credit card debt? Here are four ways to pay it off quickly.CBS News - Top stories -
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Interest Rate-Driven Debt Distress Creates 'Rifle-Shot' Opportunities
Economic expansion buoys businesses and requires more precision by investors in troubled credit, investors say.The Wall Street Journal - World -
Morehouse College prepares for Biden's commencement address
For weeks, some students and faculty have challenged leaders of the historically Black college to rescind Mr. Biden's invitation over his administration's response to the Israel-Hamas war.CBS News - Politics - Joe Biden -
California college students experiencing homelessness speak out
College can be stressful with studying and meeting deadlines, but some students are struggling with a different issue: housing. Federal data shows more than 1.5 million U.S. college students are homeless. CBS News producer Sarah Svoboda shows how ...CBS News - Top stories - California -
Are colleges teaching athletes enough about gambling laws?
Using records, ESPN found that only four schools of 24 had policies that explicitly warn athletes of legal consequences.ESPN - Sports -
In the shadow of the college protests is a generation’s collective identity crisis
The West is struggling with a collective identity crisis.The Hill - Politics -
President Biden greeted by protesters at Morehouse College commencement
Some students and faculty at Morehouse College greeted President Biden with a silent protest by wearing Palestinian scarves or the color of the flag as the president delivered the commencement at the all-male historically Black university. Nikole ...CBS News - Top stories - Joe Biden -
10 best new cars for new college grads
These cars are all under $30,000, have top safety ratings, and at least one cool feature.MarketWatch - Business -
FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.The New York Times - Business -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
The Papers: Alcohol abuse 'costs £27bn' and 'King's fighting spirit'
The public cost of alcohol abuse and the King's plans to travel for D-Day tributes lead the papers.BBC News - Top stories -
From $35,000 to $446,000: What it cost to renovate a $1 home in Italy
Buying a home in the Italian countryside for cheap comes with a catch — in one case, to the tune of of nearly half a million dollars.CNBC - Business -
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO
Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’. The government expects to have spent at least £4.7bn on introducing post-Brexit border controls, which have been repeatedly hit by delays, the ...The Guardian - World - United Kingdom -
Cost of diabetes, obesity drugs often out of reach for low-income patients
While it may seem like everyone is taking Ozempic, not everyone can afford to. The high price of popular diabetes drugs prevents many people from getting them.CBS News - Top stories -
Surging shipping costs could complicate Fed’s inflation fight
While supply shortages have eased greatly in the past few years, they have not entirely gone away.MarketWatch - Business - Inflation -
How much would a $10,000 home equity loan cost per month?
Do you need a $10,000 home equity loan? Here's how much it would cost per month.CBS News - Top stories