Author: administración
Key PointsFive senior Senate Democrats, led by Sen. Elizabeth Warren, are calling on Education Secretary Linda McMahon and Treasury Secretary Scott Bessent to rescind a new interagency agreement (IAA) that would transfer the administration of federal student loans from the Department of Education to the Treasury Department.The senators argue the transfer is illegal, citing a bipartisan Congressional directive stating the Department of Education has no authority to hand off its statutory responsibilities to other agencies.The three-phase IAA could eventually put Treasury in charge of the entire federal student loan portfolio, FAFSA administration, and financial aid distribution. Five senior Senate Democrats…
“I plan to start collecting my Social Security of $4,100 at 68.”
Student loan refinance rates have held steady throughout the first quarter of 2026. As of April 2, 2026, student loan refinance lenders are offering fixed rates as low as 3.66% APR and variable rates starting as low as 3.71% APR, depending on credit profile, loan type, income, and repayment term.Credible is offering both the lowest variable rate loans starting at 3.66% APR and Splash is offering the lowest fixed rate loans starting at 3.71% APR.For borrowers with private student loans especially, refinancing to lower your interest rate can save you thousands of dollars over the life of the loan.💰 Today’s…
“We have no experience with Treasurys .”
Goldman Sachs completes Innovator Capital acquisition, lifting ETF assets to $90 billion
The standard repayment plan for federal student loans is 10 years, but the reality is far different. According to analysis by The College Investor, undergraduate borrowers take an average of 17 to 18 years to fully repay their student loans, while graduate school borrowers average roughly 23 years.Parent PLUS borrowers face repayment windows of 20 years on average, and private loan borrowers typically repay over 10 to 15 years.These extended timelines are driven by income-driven repayment (IDR) plan enrollment, periods of deferment and forbearance, and the compounding effect of interest during non-payment periods.The Covid-19 payment pause (March 2020 through September…
At least one Asian cruise line is already tacking on the fee for future bookings.
European shares seen lower at open as hopes of end to Middle East conflict fade
U.S. stock futures sank Wednesday night as President Donald Trump didn’t offer investors any new indications of de-escalation in the conflict with Iran, but again laid out a timetable of finishing the operation “very shortly.”
US judge says border officials violated her previous order on warrantless arrests