Latest in Trump inherits a $1.6 trillion student loan crisis. What he does next will impact millions of borrowers.
Sort by
3,666 items
-
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.CNBC - Jan. 13 -
Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M
The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...The Hill - Jan. 13 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
Stock market’s ‘Trump bump’ nearly erased thanks to bond selloff. What’s next.
The S&P 500 is threatening to erase the “Trump bump” investors attributed to Donald Trump’s victory.MarketWatch - Jan. 11 -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - Jan. 11 -
How does a criminal conviction affect Trump, if at all?
President-elect Donald Trump will become the first sitting U.S. president to have a criminal record when he takes office in 10 days. CBS News legal analyst Rikki Klieman breaks down what this means ...CBS News - Jan. 10 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
Trump Received an Unconditional Discharge. What Does That Mean?
The rare and lenient sentence, which will spare President-elect Donald J. Trump jail time, was used to address his unusual status.The New York Times - Jan. 10 -
What to know about theme parks impacted by California fires
Fast-moving fires continue to burn across the Los Angeles area.ABC News - Jan. 10 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
Why Does Trump Want the Panama Canal? Here’s What to Know.
Treaties ratified by the Senate in 1978 established permanent neutrality, but some Republicans regret that decision.The New York Times - Jan. 9 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Why does Trump want Greenland and what do its people think?
Though the president-elect's rhetoric is unusual, for over a century a succession of US presidents have tried to gain control of Greenland.BBC News - Jan. 8 -
Trump says he would use "economic force" to acquire Canada, but does not specify how
One day after Congress certified the 2024 election, and less than two weeks from his inauguration, President-elect Donald Trump addressed reporters on Tuesday in a wide-ranging 75-minute news ...CBS News - Jan. 7 -
Why Does Trump Want Greenland?
The president-elect said the United States needed the island, which is a semiautonomous part of Denmark, for national security reasons. But there are other possible interests.The New York Times - Jan. 7 -
As student loan bills become a normal part of life again, tax break will be available to many
There's one upside to your student loan payments: They might qualify you for a tax break.CNBC - Jan. 7 -
National Day of Mourning: What is it, and how will it impact you?
President Biden declared Thursday as a National Day of Mourning. Here's what to know about the day.The Hill - Jan. 7 -
What comes next for Kamala Harris?
Nii-Quartelai Quartey, author of "Kamala, The Motherland, And Me," joined CBS News to discuss what Kamala Harris will do now as she leaves the vice presidency.CBS News - Jan. 7 -
'The Substance,' 'A Different Man': What lessons does body horror try to teach?
Body-horror films have been around since the silent era. Ultimately, they all ask us to consider the idea at their heart: authenticity.Los Angeles Times - Jan. 7 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - Jan. 7 -
Trump will need to ‘establish a relationship’ with next Canadian PM as he threatens new tariffs
Canadian Prime Minister Justin Trudeau announces plans to step down after growing calls for his resignation. New York Times Canada Bureau Chief Matina Stevis-Gridneff and NBC News Correspondent ...NBC News - Jan. 6 -
Report: Tiger Woods wins final Player Impact Program, $10 million
Woods finished first for the third time in four years of the program, which was designed to reward the needle-movers but will be replaced by the Player Equity Program this year.Yahoo Sports - Jan. 6 -
Massive winter storm impacts millions from the Midwest to the East Coast
More than 30 million people are under winter storm warnings and at least eight states have declared states of emergency for a massive winter storm impacting millions from the Midwest to the East ...CBS News - Jan. 6 -
Bitcoin could top $125,000 or fall toward $77,000 this quarter — depending on what Trump does next
Here are three major factors that could drive bitcoin’s price in the first quarter.MarketWatch - Jan. 5 -
First major storm of 2025 set to impact about 60 million Americans
About 60 million people were under weather alerts across the country on Saturday as a winter storm threatens to slam areas from the Plains to the mid-Atlantic with heavy snow and ice. NBC News' ...NBC News - Jan. 5 -
My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.”MarketWatch - Jan. 4 -
‘He always managed to play golf’: My husband of 14 years never worked and now we’re divorcing. He wants half of my $1 million home. What can I do?
“I made all the mortgage payments, in addition to paying for health coverage for both of us.”MarketWatch - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
What America should learn from South Korea’s democratic crisis
Any “us vs. them” dynamic can be dangerous for democracy. But when that divide centers on mutually exclusive visions of a nation, the effects are uniquely detrimental.The Hill - Jan. 3 -
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.CNBC - Jan. 3 -
Student loan borrowers should take these steps before presidential administration changes
The country's roughly 40 million federal student loan borrowers should brace for change when President Joe Biden exits office toward the end of the month.CNBC - Jan. 3 -
What grounds does Trump have to request a TikTok ban delay from the Supreme Court?
President-elect Donald Trump requested that the Supreme Court suspend the TikTok ban until after he takes office while he works on a political resolution. University of Minnesota Law School ...CBS News - Jan. 2 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - Jan. 2 -
I paid $15,000 for my friend’s live-in boyfriend’s funeral. He was in his 40s and only had $5,000 in the bank. What happens next?
“I understood that, in California, hospitals and funeral homes have to notify the court when someone dies.”MarketWatch - Jan. 2 -
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2 -
5 million impacted by winter alerts as the weather makes a frigid start to 2025
Lake effect snow and high winds will bring frigid conditions to millions south of the Great Lakes. NBC News meteorologist Angie Lassman has the forecast on Early Today.NBC News - Jan. 2 -
Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system
President Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers ...The Hill - Jan. 1