Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Debate: Should Biden Cancel Millions of Americans' Student Debt?
By William H. Byrnes | Robert BloinkTwo professors discuss Republicans' renewed attacks on the administration's plan to order student loan forgiveness.
April 27, 2022
Inflation Forces Budget-Squeezed Americans to Ask Family, Friends for LoansMore than 10% of all adults relied on loans from those close to them to meet spending needs, according to the Census Bureau.
April 06, 2022
Biden Set to Extend Student Loan PauseThe pause, expected to be announced Wednesday, would extend the repayment freeze through Aug. 31.
March 31, 2022
Debate: Should the Freeze on Student Loan Payments Be Extended Again?Two professors discuss extending the freeze on student loan payments for a sixth time given current economic conditions.
January 11, 2022
Pandemic Spending Slowdown Eased Financial Stress: SurveyJohn Hancock's latest survey on stress and finances found the pandemic actually led to some good short-term behavior.
December 22, 2021
Biden Extends Student-Loan Payment Pause After Virus SurgesThe moratorium on payments, interest and collections, due to expire on Jan. 31, was extended through May 1.
October 14, 2021
Fidelity Expands Student Debt Help for Its StaffThe firm will expand eligibility and increase by 50% the lifetime maximum loan payment offered to associates who are paying down student debt.
October 07, 2021
Education Department Overhauls Student Loan Forgiveness ProgramThe overhaul will provide about 49,000 student loan borrowers $4.5 billion in loan forgiveness, most of it previously denied.