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News

2019

May

17
  • Don't give up on public student loan forgiveness. New data from the U.S. Department of Education show that 518 borrowers’ federal student loans have been canceled via Public Service Loan Forgiveness as of March 2019. The average amount forgiven was $59,244. While fewer
  • How to prepare for the next recession. When the economy goes south, the United States traditionally has two ways of dealing with it. The Federal Reserve cuts interest rates. And Congress passes spending increases or tax cuts to try to put more
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  • CFPB remembers its job is to protect consumers. The Consumer Financial Protection Bureau, under the Trump administration, has been a consumer watchdog in name only. So it’s news that the bureau is once again doing its job. The CFPB filed a
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  • Welcome to the world of subprime children. Student debt in the United States is over $1.5 trillion, with half of it accumulated in the past decade. Income share agreements — in which borrowers pledge a percentage of future income against debt —
  • Beware of credit repair companies. People struggling with loan payments and falling credit scores may be tempted to seek a quick fix. But they should be wary of so-called credit repair companies that promise to scrub credit files and improve
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  • How Uber aims to move things around the world. Uber says its real strength isn’t in being a taxi alternative. Instead, it is its ability to apply its vast data trove and routing software to rewrite how goods and people move from
 

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