‘I’m getting ready to knock you out of your chair’: This Tampa woman has a mortgage, auto loan debt of $34K — and she asked Dave Ramsey how to build wealth. Here was his wisecrack reply Even a relatively good financial position could have room for improvement. A recent caller on The Ramsey Show seemed […]
‘You’ve got to work at McDonald’s all day’: This young Indianapolis man owes $36K on a car loan — but can barely make that in a single year. The Ramsey Show offered him a reality check The student loan tide continues to rise, drowning more young people every year. Twenty-year-old Dylan of Indiana, who is […]
Three months after student loan payments restarted, some borrowers are experiencing delays and seeing billing errors from student loan servicers. What’s causing the turmoil, in part, is the entry of new loan providers into the process after three companies bowed out in 2021. Around 44% of federal student loan borrowers who had payments resume in […]
Washington CNN — The fate of President Joe Biden’s federal student loan forgiveness program, which promises to deliver up to $20,000 of debt relief for millions of borrowers, lies with the Supreme Court. The justices heard arguments on February 28 in two cases concerning the forgiveness program, and a decision is expected by late June […]