Author: administración

Hundreds of thousands of federal student loan borrowers in default could start hearing from the government and their debt collectors as soon as July, as the Treasury Department prepares to take over a piece of the Education Department’s collection work, Politico reported.Why It Matters: This would be the first major step in moving the $1.7 trillion federal student loan portfolio out of the Education Department and the first sustained collection contact most defaulted borrowers have received since the Covid-era payment pause began in March 2020. Collections have been delayed various times since that paused ended in 2023.The Details: Treasury and the Education…

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Private student loans can be a valuable tool when it comes to paying for college. They typically offer low interest rates for qualified borrowers, have flexible repayment terms, and some even offer extra features like career coaching and more. But it can be hard to find the best private loans, and should you even take them out?We’ve compared 10 nationwide private student loan lenders to help you find the best option based on your credit, income, and goals. Beyond the rate, we also compared the fees, repayment terms, application process, income requirements, cosigner requirements, and borrower perks like discounts.Promo: If you…

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The Roth-vs.-Traditional IRA question has a clear answer for most people once you walk through six yes/no decisions but each step is gated by 2026 IRA income and contribution thresholds that just changed.The College Investor’s updated decision tree condenses our massive traditional vs. Roth IRA explainer guide into a single flowchart. Here’s how to use itBy The Numbers$7,500 — IRA contribution limit if you’re under 50$8,600 — Limit if you’re 50 or older$153K-$168K — Roth IRA MAGI phase-out for single filers$242K-$252K — Roth IRA MAGI phase-out for married filing jointly$81K-$91K — Traditional IRA deduction phase-out for single filers covered by…

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