America's casual restaurants serve a more diverse clientele than many of America's elite universities.
In recent years, workers without a college degree have seen stronger wage gains in the US.
Homeownership is one of the few ways that lower-income households accumulate wealth, so a reduction could have long-term effects.
The Saving on a Valuable Education, or SAVE, plan is focused on providing relief to poor borrowers.
Thousands of Americans are having their balances wiped clean, thanks to updates by the U.S. Department of Education.
Education costs are out of hand, say 56% of Americans surveyed by Bankrate.
Experts have predicted delinquencies on credit card and auto loans as debt payments stretch household budgets.
Students are bracing for the resumption of payments in October after a nearly four-year freeze.
The educational nonprofit offers ways to cut down on student loan payments.
Some borrowers could still face tax obligations if their loans are forgiven, the foundation says.
Colleges needed an annual gain of 8.2% last year to keep pace with inflation and spending.
Student loan borrowers flush with cash aren't holding out hope for forgiveness any longer.
Some 300,000 borrowers are estimated to have died since March 2020.
The FPA has joined a new coalition that supports a bill to expand the expenses that can be paid for with 529 plans.
Ignoring federal student loan bills could be a good option for some.
But advisors must do some math to find the right plan for clients.
If the Education Department was a bank, it would rank fifth by size of assets in the U.S.
The college admissions process should be less biased toward the elite, but there are better ways to reduce inequality.
Monthly bills will come due this October, ending a three-year pause.
Borrowers are preparing to make payments on their student loans after a three-year pause that began in March 2020.