College debts are one of the largest financial burdens for Americans. They make up the second highest type of household debt after mortgages, totaling $1.61 trillion. That’s about $37,000 per borrower. High balances with payoff times that lasts into middle age force graduates to delay other financial goals. Read more →

April is National Financial Literacy Month. It’s a great opportunity for consumers to check and promote their financial situation and skills. For people who have just started earning or have been earning for a long time, every day is a chance to reflect on spending and improve finances.  Read more →

Edfinancial Services, a student-loan servicer, is being sanctioned for making deceptive statements to student loan borrowers and misrepresenting the forgiveness and repayment options to them. Edfinancial deceived borrowers with Federal Family Education Loan Program or FFELP loans about their eligibility. Read more →

Parents probably know this, but if they don’t, they should. Kids are learning and mimicking machines. It starts at birth. Once they arrive, they look and listen – to just about everything. They begin absorbing and recording what they see and hear. Read more →

Saving money will help you with your future. If your car breaks down or you have a huge, unexpected medical bill, you’ll have an emergency fund to cover the costs. If you save for retirement, you’ll have enough money to meet your needs without stress. Read more →

It’s disappointing that the governors in blue states are removing covid restrictions. Just because cases from the huge spike in covid cases caused by the omicron variant are dropping dramatically doesn’t mean that the chances of getting covid are gone or are even reduced significantly. Read more →

It’s a question that comes up frequently these days. Where’s a cheaper place to live? Using safety, affordability, quality of life, health-related factors, and more than 40 other categories, WalletHub, a personal finance website, compared the 50 states to help retirees find the best way to retire. Read more →

Martin Luther King Jr. was such a transformational leader. Over the years, I’ve written more than a dozen articles for Martin Luther King Jr. Day. They included his most famous quotes, how a day to celebrate King was finally approved, and how it’s a day of service, not a day off. Read more →

Student loan servicer Navient has agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers throughout the nation and pay more than $140 million in penalties to settle charges of abusive lending practices. The $1.85 billion settlement with 39 state attorneys general was announced Thursday. Read more →

It’s a big problem. Companies promising to help with student loan debt advertise widely, using misinformation and high-pressure sales. However, consumers need to know that there’s nothing a student loan debt relief company can do for them that they can’t do for themselves for free. Read more →