WASHINGTON — Beginning early next month, the roughly 5.3 million people who are currently in default on their federal student loans are going to be hearing from the Education Department. “The government can and will collect defaulted federal student loan debt by withholding … tax refunds, federal pensions and even their wages,” White House press secretary Karoline Leavitt told reporters during an afternoon briefing on Tuesday. She was reiterating an announcement by the Education Department that May 5 will be the official end of a period of leniency for those with federal student loan debt that began during the COVID-19 pandemic. President Donald Trump paused both loan payments and interest accrual on those loans in March 2020 in response to the then-spreading pandemic, and former President Joe Biden extended that policy through October 2024. In the interim, the Biden administration also tried to flat-out forgive many of those loans, only to see its efforts blocked by the courts. On Monday, Education Secretary
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This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. NVIDIA’s Blackwell-related woes are well-known by now, though the GPU giant has done much in recent weeks to improve the production cadence of its latest cutting-edge offerings. One such change involves the…
Bitcoin’s price could climb significantly if concerns over the Federal Reserve’s independence persist, according to Geoffrey Kendrick, Standard Chartered’s global head of digital assets research.
In the world of cryptocurrency trading, technical analysis is a key tool for predicting potential market movements. Recently, renowned crypto analyst Miles Deutscher pointed out a compelling chart pattern developing on the altcoin market: the triple bottom.
As the cryptocurrency market continues to evolve, investors are closely watching the price movements of XRP, a digital asset that has generated significant interest over the years. Predictions for XRP’s price until the end of 2025 indicate a year of fluctuations, with varying opportunities for both buying and shorting.
Does it seem like your Boomer parents were never broke? For many Millennials and Gen Zs, it may seem impossible to get out of debt and grow your wealth. So, what financial secrets do Boomers live by? Here are 6 reasons Baby Boomers were never broke and how you can follow in their footsteps. 1. […] 6 Reasons Baby Boomers Were Never Broke and How You Can Follow Their Lead is a post from: Beating Broke, if you enjoy it, please visit us and subscribe to the Feed.
Image Source: 123rf.com Let’s be honest—most of us don’t wake up thinking, “Today, I’ll live like a millionaire.” And yet, our spending habits sometimes whisper otherwise. It’s not the private jets or rooftop champagne parties that catch us out—it’s the subtle, everyday decisions that quietly drain our accounts.
Image Source: pixabay.com In a world where financial freedom is often the ultimate goal, a surprising trend is emerging: some people intentionally plan to leave this world in debt. This isn’t about financial irresponsibility or poor planning. Instead, it’s a calculated decision that challenges conventional wisdom about leaving a debt-free legacy. For many, the strategy…
Image Source: pixabay.com The age-old question of marrying for financial security has taken on new dimensions in today’s volatile economic landscape. With rising inflation, housing crises, and job instability, some view marriage as an emotional partnership and a potential economic strategy. This article explores the complex intersection of love, money, and commitment during uncertain economic…
Image Source: unsplash.com The debate around generational wealth inequality has intensified in recent years, with millennials and Gen Z often pointing to Baby Boomers as beneficiaries of economic conditions that no longer exist. Housing affordability, education costs, and retirement security differ dramatically across generations. As wealth continues to concentrate among older Americans, some economists and…