A student student sits in a lecture hall while class is being dismissed at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty Images What are the new repayment plan’s terms? RAP is what the Education Department calls an “income-driven repayment plan.” Congress created the first IDR…
Speaker of the House Mike Johnson (R-LA) (C) signs the One Big Beautiful Bill Act during an enrollment ceremony with fellow Republicans in the Rayburn Room at the U.S. Capitol on July 03, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images It’s been about two weeks since President Donald Trump‘s…
Natalia Lebedinskaia | Moment | Getty Images As a Biden-era relief measure for federal student loan borrowers comes to an end, some people could see their bills more than double. Earlier this month, the Trump administration announced that the so-called SAVE interest-free payment pause will expire on Aug. 1, and that enrollees’ education debts will…
Ahead of the next Federal Reserve meeting later this month, tensions between the White House and the central bank have reached a fever pitch. On Wednesday, a senior White House official told CNBC and other news outlets that President Donald Trump was likely to soon fire Fed Chair Jerome Powell. Trump later denied those reports, although he said he…
President Donald Trump‘s massive tax and spending package will bring sweeping changes to federal student loans, in part by capping how much money people can borrow from the federal government to pay for college and graduate school. Among other measures, the legislation, which Trump has called the “one big, beautiful bill,” sets new limits for students and their…
Customers line up at the check out booth on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The annual inflation rate ticked higher in June, in line with expectations, as lower prices at the gasoline pump somewhat offset higher prices at the grocery store. Economists said they expect…
As President Donald Trump continues to set aggressive new tariff rates on imports, U.S. consumers are feeling the effects on their wallets. Tariffs are taxes on imported goods paid by the entity importing those products. Businesses often pass the cost of tariffs along to consumers through higher prices. Sometimes, it’s not so subtle. In June,…
Katie Gatti Tassin Courtesy: Katie Gatti Tassin There are many unique hurdles that women face when it comes to money, such as the wage gap and caregiving responsibilities. Yet, there’s another challenge in women’s financial lives that is less-discussed — beauty costs, which can be an “insidious force in women’s financial lives,” said Katie Gatti…
For many students, majoring in finance is a proven pathway to a well-paying career and job security. In fact, U.S. graduates believe that finance offers the best career prospects overall, considering today’s economic climate, according to a new survey by the CFA Institute, a non-profit focused on financial education. The group polled more than 9,000 current…
U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC. Matt McClain | The Washington Post | Getty Images President Donald Trump‘s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known…
