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.
September 01, 2020
Mnuchin Says Stimulus Hopes Aren't Dead; House Inquiry Flags PPP Loan AbusesThe administration continues to work toward a bipartisan "Phase 4" relief package, the Treasury secretary says.
August 21, 2020
Moratorium on Student Loan Payments ExtendedStudent loan relief, set to expire after Sept. 30, will remain in place through the end of the year.
August 20, 2020
Justice Department Fights Effort to More Broadly Reveal PPP BorrowersNews organizations are suing to force the government to name recipients of loans under $150,000.
August 17, 2020
SBA Updates Paycheck Protection Program FAQsUpdated guidance weighs in on payment of fees to third parties as well as health care benefits.
August 05, 2020
9 Pieces of Bad Money Advice Your Clients' Neighbors Are TakingWhen clients feel the urge to keep up with the Joneses, try reminding them how the Joneses likely got so far "ahead."
August 05, 2020
Sen. McConnell Sends Mixed Signals on $600 Jobless PaymentsHe called a full extension "unfair" and "bad economics" Wednesday after signaling Tuesday that he might accept that provision.
July 29, 2020
Banks Report Pervasive Fraud From COVID-19 Loan ProgramHundreds of banks and credit unions express serious concerns about suspicious activity, the SBA's Office of Inspector General says.
July 20, 2020
AICPA Launches PPP Loan Forgiveness ToolThe platform automates the forgiveness process for small-business owners who received PPP funds.
July 13, 2020
PPP Data Errors Abound, Raise Questions About Stimulus' ImpactOf some 4.9 million loans, the number of "jobs retained" is zero for more than 1 in 10.
July 09, 2020
PPP 'Pig-Out' Complicates New Stimulus Bill's Timing: ValliereThe news that billions of dollars have flowed to well-connected firms that don't need money has "embarrassed Congress," he says.