Mementojpeg | Moment | Getty Images Federal student loan borrowers who fall behind on their bills will once again face financial consequences. After the Covid pandemic-era pause on the payments expired in September 2023, the Biden administration offered borrowers another year in which they would be shielded from the impacts of missed payments. With that
Personal finance
Oscar Wong | Moment | Getty Images Americans traveling to Europe next year may be in store for some bargains. That’s due to euro-U.S. dollar exchange rates. The euro has weakened against the U.S. dollar in recent weeks and is poised to fall further in 2025 and perhaps into 2026, economists said. “That’s a good
Tomas Rodriguez | Corbis | Getty Images President-elect Donald Trump has made his dislike for student debt relief clear. Experts expect he will abandon or roll back many of the Biden administration’s student loan efforts — which on the campaign trail he called “vile” and “not even legal.” Assuming the Trump administration abandons the U.S.
Shoppers carry their purchases on Black Friday in New York City on November 29, 2024. Adam Gray | AFP | Getty Images When Bernadette Joy graduated with an MBA in 2016, she and her husband had around $300,000 in debt, including student loans and mortgage balances. By 2020, they were debt free. As Joy sought
Ascentxmedia | E+ | Getty Images Many workers dream of an early retirement. In reality, more than half of workers — 58% — retire earlier than they planned, usually due to unforeseen circumstances, according to new research from Transamerica Center for Retirement Studies in collaboration with Transamerica Institute. The median age they call it quits
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