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.
October 27, 2020
Which Generation Has the Most Student Debt?Overall debt and monthly payments have increased across generations and occupations, Fidelity reports.
October 27, 2020
PPP Loan Forgiveness: SBA Offers Relief for Small Loan RecipientsClients who borrowed $50,000 or less are eligible and should be advised about what this valuable option can (and cannot) do.
October 22, 2020
PPP Loan Forgiveness Guidance: What Does It All Mean?Some guidance will work in favor of certain owner-employees, while others may be surprised when they have trouble qualifying for loan forgiveness.
October 21, 2020
Democrats Block Votes on GOP Stimulus, PPP Bill in SenateMcConnell planned a vote on the $500 billion GOP plan even as Speaker Pelosi and the White House continued to negotiate.
October 09, 2020
PPP Loans Under $50K Get a Simpler Forgiveness ApplicationRaymond James policy analysts called the move "not what we were hoping for" but "a significant step."
September 23, 2020
As Stimulus Talks Break Down Again, Rubio Ramps Up PPP Loan QueryJPMorgan's Dimon pressed on PPP loan misuse; pre-election stimulus package doubtful.
September 15, 2020
NY, NJ Reach Settlements on Predatory Student Loan PracticesAlso, California enacted a law protecting assets in a state-sponsored 529 plan from creditors.
September 14, 2020
PPP Loan Recipients Are Lawyering UpDefense lawyers say they are getting calls from PPP loan recipients who have been contacted by investigators, or fear they may face charges.
September 11, 2020
DOJ Has Charged 57 in PPP Loan ScamsThe charges involve attempts to steal over $175 million from the forgivable loan program.
September 11, 2020
NFL Player Josh Bellamy Arrested in $24M PPP Loan ScamThe ex-New York Jets wide receiver received $1.2 million in CARES Act funds as part of the scheme, the DOJ said.