President-elect Joe Biden is looking to immediately relieve some pressure off of Americans by asking Congress to forgive $10,000 in student loan debt for all borrowers.
The United States plans to sell about $294 billion of debt, according to the Treasury Department. That’s the highest for a week since the record set during the 2008 financial crisis.
Many Americans are struggling to pay back their student loan debts—which are a burden financially as well as mentally. President Barack Obama and his administration are trying to help students out by forgiving some student loan debt, but a new study by the Government Accountability Office found that the program will cost taxpayers far more than expected.
A report published Saturday by The New York Times shed light on thenotoriously opaque financial operations of Republican presidential nominee Donald Trump, who has garnered substantial negative attention in recent weeks for not releasing his tax returns.
College is expensive. Students are in debt. Why? Wendover Productionsanalyzes what makes higher education so expensive in this country, and some of the reasons he cites you can assume: professors cost money and new facilities are expensive. But a surprising reason why college costs so damn much is that there are more people attending it than ever before.
As the New Year approaches, it’s time to revisit the previous year, take stock, and plan changes for the coming year. While many people make sweeping New Year’s resolutions that often fall by the wayside, these five resolution options may involve less effort to achieve throughout the coming year and beyond.