Sweeping student loan changes took effect July 1, eliminating key repayment plans and leaving Black borrowers, who carry a disproportionate share of national debt, bracing for higher payments. Contributing writer Clint Combs reports on what advocates say borrowers need to know now.
student loans
Posted inEducation
Federal student loan changes are coming: What you need to know
A new federal law is reshaping student loan repayment, cutting options for future borrowers and ending economic hardship deferment in 2027. Contributing writer Alfred D. Riddick, Jr. breaks down what Black families need to know now.
Posted inEducation
What borrowers need to know as Federal loan default collections resume
The federal government is resuming debt collections for millions of borrowers who defaulted on their student loans, and borrowers are urged to take immediate steps to get out of default and avoid scams.
Posted inFinances FYI
How to budget and set goals
Chase Bank offers a Monthly Budget Worksheet to help you track your income and expenses, set SMART goals, and prioritize your spending to achieve financial freedom.
Posted inPolitics
Schools, Colleges Face Threats of Being Defunded
The U.S. Department of Education has issued a directive requiring schools and universities to eliminate diversity initiatives or risk losing federal funding, sparking a legal battle on the horizon.
Posted inLocal & State
Navigating Tax Season: What You Need to Know About Your 2025 Tax Refund
Tax season is in full swing, and the IRS expects around 140 million individuals to file by the April 15 deadline, with refunds available as early as 10 to 21 days after processing, and in some cases, refunds may be offset to cover debts such as unpaid federal or state taxes, child support, or student loans.
Posted inBusiness
6 ways to manage student loan debt
It’s never too late to get started on tackling student loan debt. It may seem overwhelming, but know you’re not alone. Here are six tips to get you started on your repayment journey.