Author: administración
The Department of Education’s income-driven repayment (IDR) application backlog dropped to 530,295 at the end of April 2026, down from 553,966 a month earlier, the agency reported in its court-ordered status filing (PDF File) on May 13, 2026.The Department’s loan servicers decided 456,594 IDR applications in April — a new monthly high, surpassing the 424,583 it processed in March. The roughly 24,000-application drop in pending cases came even though the agency processed zero IDR plan discharges last month (though that’s due to administrative issues).It’s important to note that roughly 7 million borrowers in the SAVE forbearance need to change repayment…
Official CPI masks double-digit spikes in healthcare, insurance and energy. Meanwhile, an outdated strategy quietly drains your portfolio.
It can be tough to figure out how to pay for dental school. That’s where dental school student loans may come into play.According to the American Student Dental Association, the average student loan debt balance for graduating dental school students is $312,000. Thankfully, graduate and dental school student loans are an option. The best loans offer attractive interest rates, flexible repayment options, and other perks that can make navigating dental school a little bit easier. Let’s explore the best private dental school student loans to help you fund your education. What To Look For In A Dental School Student LoanAs you…
Certificates of deposit (CDs) remain one of the most reliable short-term savings tools, especially for those seeking guaranteed returns as rates fall. As of May 13, 2026, the best 12-month CD rates reach up to 4.15% APY (annual percentage yield), with many banks and credit unions still offering yields far above the national average of 1.53%, according to the FDIC. Over the last several weeks, many banks and credit unions have been raising their 12-month CD rates.Now might be the best time to lock in a guaranteed rate. If you’re looking to earn a predictable return over the next year, these are…
Ford’s stock is having its best day in six years, after Morgan Stanley gave a rosy outlook for the automaker’s energy business.
A group of Democratic lawmakers in both the House and Senate want to block the Department of Education’s final regulations implementing the One Big Beautiful Bill Act (OBBBA), which eliminate the SAVE plan, cap graduate and parent borrowing, and replace existing repayment options before a July 1, 2026 effective date.Rep. Suzanne Bonamici (D-Ore.) introduced a joint resolution (PDF File) on May 7, 2026 to disapprove the ED rule formally titled “Reimagining and Improving Student Education-Federal Student Loan Program Final Regulations.” The resolution invokes the Congressional Review Act (CRA), which lets Congress overturn agency rules issued within the prior six months with…
Federal student loan defaults are growing. The New York Fed’s latest Quarterly Report on Household Debt and Credit shows roughly 3.6 million borrowers entered default over the past two quarters (Q4 2025 and Q1 2026), the first major wave since the pandemic payment pause ended.The figure looks smaller than what the U.S. Department of Education has reported, but the two agencies aren’t measuring the same thing. More on that below.By The NumbersAbout 1 million federal student loan borrowers defaulted in Q4 2025.Another 2.6 million defaulted in Q1 2026.The share of student loan balances past due is back near 10%, approaching…
A key part of President Donald Trump’s visit to China this week is his effort to bring along with him at least 17 executives from prominent U.S. companies. Here’s what it means for them.
Accessible Keys for Video [Space Bar] toggles play/pause; [Right/Left Arrows] seeks the video forwards and back (5 sec ); [Up/Down Arrows] increase/decrease volume; [M] toggles mute on/off; [F] toggles fullscreen on/off (Except IE 11); The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off. The Federal Reserve Board on Wednesday issued its Economic Well-Being of U.S. Households in 2025 report, which examines the financial circumstances of U.S. adults and their families. Overall, the report shows that financial well-being was consistent with recent years. Survey results indicate that the…
One of the issues we frugal people despise is going through buyer’s remorse. We don’t want to feel stupid or ripped off, so we tend to buy fewer things and experiences. Minimalism and early retirement go hand in hand. We’re always looking for a deal, partly to minimize disappointment. And if we can get something for free, even better. But there’s something interesting that happens over time that most frugal people who should spend more money don’t fully appreciate. And that is, over time, we tend to grow richer, which makes all luxury expenses or stupid spending mistakes feel smaller…