Author: administración

Student loan rates have are getting even more competitive as peak back to school season starts. As of July 7, 2026, private student loan lenders are offering fixed rates as low as 2.39% APR and variable rates starting as low as 3.03% APR, depending on credit profile, degree program, and repayment term. Abe® Student Loans, Sallie Mae, College Ave Student Loans are currently tied for the lowest fixed rate loan available. Student Choice is currently offering the lowest variable rate student loan available.While federal student loan rates are set annually by Congress, private lenders continue to adjust based on market conditions and…

A pair of Democratic bills introduced in May would eliminate one of the oldest restrictions in federal student loan policy: the rule that blocks teachers from counting the same years of teaching service toward both Teacher Loan Forgiveness (TLF) and Public Service Loan Forgiveness (PSLF).The Teacher Debt Relief Act (H.R.8815), introduced May 14, 2026 by Rep. Jahana Hayes (D-CT) and endorsed by the National Education Association, would end the prohibition that forces teachers to choose one program or the other for a given service period. Hayes calls it a technical correction, but for teachers, it could shave years off the…

Key PointsBusinesses can contribute up to $2,500 per employee per year to Trump Accounts for employees or their dependent children. The contribution is a deductible business expense and is excluded from the employee’s taxable income under new IRC Section 128.For business owners who pay themselves W-2 wages (such as S corporation owners) the provision may allow the business to fund their own children’s accounts with pre-tax dollars, but the contribution must run through a written Trump Account Contribution Program (TACP) that meets nondiscrimination and notice rules. Employer contributions to Trump Accounts become legal on July 4, 2026 — one year to…

High-yield savings account rates have dropped heading into July, with many of the popular top options seeing large cuts last week.As of July 6, 2026, some online banks are still offering interest rates up to 4.10% APY, but these top APYs are usually limited by deposit size. This is still much better than the average of 0.38% APY, according to the FDIC.Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand…

Talking with friends about money can be uncomfortable. But it can also be a great opportunity to learn from others. I have a confession: I may have missed my calling in life. I think I could have really thrived as a business manager (or even an accountant or financial planner). I love numbers and budgets and spreadsheets and algorithms. I love thinking about and planning for the future – goal-setting, forecasting, etc. And I think I’m pretty good at it too (with much thanks to the readers here for helping me learn along the way). And as much as I…

Key PointsLoan servicers, including MOHELA and Aidvantage, are denying all outstanding SAVE plan applications at the direction of the Department of Education, following the legal settlement that ended the SAVE plan.These letters target borrowers with pending applications — a different group than the borrowers who were actually enrolled in SAVE and are receiving their own 90-day notices in tranches.Borrowers who don’t apply for a new repayment plan within 90 days will see their SAVE forbearance end and payments resume on the plan they were on before applying, or the standard plan if they weren’t on a plan before. Student loan…

North Carolina has become the latest state to outlaw diversity, equity and inclusion programs at its public colleges and universities. On June 24, the Republican-led General Assembly overrode Democratic Gov. Josh Stein’s veto of Senate Bill 558 (PDF File), and the law took effect immediately as Session Law 2026-21.What The Law DoesPublic colleges in the state can no longer maintain DEI offices or employ DEI staff, and they are barred from endorsing what the law (PDF File) calls “divisive concepts.” Those include the ideas that a person is inherently privileged or oppressed because of their race or sex, that the United States…

Four education organizations sued the Trump administration (PDF File) on June 30, alleging the Office of Management and Budget and the Department of Education are unlawfully blocking nearly $1.9 billion in congressionally approved education research funding — much of which expires September 30, 2026.The Institute of Education Sciences (IES) is the federal government’s main source of education research and statistics, funding everything from studies on reading instruction to state data systems that track student outcomes. If the money isn’t legally committed before it expires, it’s gone and the research it would have funded goes with it.The DetailsThe complaint targets four pots…

It can be challenging to find a side hustle that’s worthwhile. The best side hustles allow you to make the most money, while also balancing your time and growth potential.Side hustling can allow you to earn that little bit of extra money that can help you achieve your financial goals faster – whether it’s paying off student loans or saving for retirement. But finding the best side hustle can be tough – you don’t want to waste your time or money – you want to start earning!There are a lot of side hustle ideas out there (here’s our list of…

A new federal lawsuit is trying to answer a question more than 1.5 million student loan borrowers have been asking: did the Department of Education actually cancel the loans it publicly promised to forgive?The Project on Predatory Student Lending (PPSL) sued the Department (PDF File) on July 1, 2026, in the U.S. District Court for the District of Massachusetts, after the agency sat on fifteen Freedom of Information Act (FOIA) requests (some for more than two and a half years) seeking records on how it carried out its announced group discharges.The College Investor team has previously filed similar FOIA requests for…