Student loan payments on pause? What to know

Damircudic | E+ | Getty Images There’s been a sharp uptick in the number of student loan borrowers hitting the pause button on their monthly bills. The U.S. Department of Education offers two primary ways to postpone your payments — deferments and forbearances. Between those statuses, more than a quarter of the country’s over 40…

Read More

Global retirement systems compared for long-term security

Retirement funding looks very different depending on where you live. While the United States leans heavily on voluntary 401(k)-style savings plans, other nations rely on mandatory contributions or more traditional pensions to ensure broad coverage and steady income. Mercer CFA Institute Global Pension Index takes these structural differences into consideration when ranking some of the…

Read More

Student loan borrowers in default face wage garnishment

A student studies in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas.  Brandon Bell | Getty Images When the Trump administration first announced in April that it would soon resume student loan collection efforts, it said notices for wage garnishment would resume “later this summer.” It’s…

Read More

Why home buyers are on the sidelines

Lorene Cowan, 44, thought she would own a home by now. However, in New York City, where Cowan lives and works, home prices have soared beyond reach. “I would love to buy a home. That’s the next step,” said Cowan, a business and life coach. But “in New York, the entry in became so much…

Read More