Latest Student finances News

Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud

Dec. 02, 2022 15:27 PM EST

NEW YORK (AP) — In the end, it wasn't a last-minute smoking gun but a prosecutor insisting that evidence shows Donald Trump was aware of a scheme that his Trump Organization’s executives hatched to avoid paying personal income taxes on millions of dollars worth of company-paid perks. ...

Vermont settles religious schools tuition lawsuits

Dec. 01, 2022 17:04 PM EST

The Vermont Agency of Education and several school districts will pay tuition costs and legal fees to five families to settle lawsuits challenging the state’s practice of not paying for students to attend religious schools if their towns do not have a public school. In court...

Liz Weston: How to take a career break

Nov. 21, 2022 09:09 AM EST

Back in 2016, Jamie Clark of Seattle was a software engineer who planned to take a year off of work to finish a master’s degree in computational linguistics. One year turned into three and a career change into financial planning. Nowadays, Clark, who uses they/them pronouns,...

What to know if you've applied for student loan forgiveness

Nov. 18, 2022 13:58 PM EST

NEW YORK (AP) — President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts, leaving millions of borrowers wondering what happens next. The Justice Department on Friday asked the Supreme Court to reverse one of the lower court...

Appeals court ruling keeps Biden student debt plan on hold

Nov. 14, 2022 17:07 PM EST

ST. LOUIS (AP) — President Joe Biden's plan to forgive student loan debt for millions of borrowers was handed another legal loss Monday when a federal appeals court panel agreed to a preliminary injunction halting the program while an appeal plays out. The ruling by the three-judge...

Berea College selects first woman to lead school

Nov. 12, 2022 16:50 PM EST

BEREA, Ky. (AP) — Berea College on Saturday selected its next president, who will become the first woman to lead the Kentucky school in its 167-year history. Cheryl L. Nixon received unanimous support from the school's Board of Trustees. She'll begin the job on July 1, 2023,...

Applications for student loan forgiveness no longer accepted

Nov. 12, 2022 10:16 AM EST

WASHINGTON (AP) — The Biden administration is no longer accepting applications for student loan forgiveness after a second federal court shut down the program. “Courts have issued orders blocking our student debt relief program,” the Education Department said on its federal...

US judge in Texas strikes down Biden loan-forgiveness plan

Nov. 10, 2022 22:46 PM EST

A U.S. judge in Texas on Thursday blocked President Joe Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness — a program that was already on hold as a federal appeals court in St. Louis considers a separate lawsuit by six states challenging...

How steep fed rate hikes affect your finances

Nov. 02, 2022 14:34 PM EDT

NEW YORK (AP) — Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase. Savings rates are slightly juicier, though. As the Federal Reserve steadily increases interest rates, many economists say they fear that a recession remains inevitable in the...

Millennial Money: Maximize your benefits to offset inflation

Nov. 01, 2022 08:56 AM EDT

Employee benefits are one of the most attractive things about a prospective job and can determine whether you take an opportunity or leave it. When you do decide to take the job, do you maximize the benefits? If not, you may be leaving money on the table. And in this time of high...