May 23, 2024 160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden The amount of total debt relief is now $167 billion. BY Reuters U.S. President Joe Biden on Wednesday announced the cancellation of another $7.7 billion in student debt for 160,000 borrowers, bringing the total number of people to … Continue reading 160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden
Tag Archives: Debt
How to protect your employees from medical debt
April 19, 2024 How to protect your employees from medical debt It takes more than just having health insurance to prevent the leading cause of bankruptcy. This healthcare expert details two underutilized ways to fight back. BY Michael Waterbury Employers have long understood the value of protecting the physical and financial well-being of their team. That’s … Continue reading How to protect your employees from medical debt
Customer data debt: The hidden obstacle to CDP success
Resolve customer data debt and let your enterprise harness the power of CDPs for improved marketing outcomes. Tony Byrne on October 12, 2023 Only half a decade since getting labeled as a marketplace, customer data platforms (CDPs) remain a hot topic in martech and for a good reason. Who doesn’t want to empower marketers and … Continue reading Customer data debt: The hidden obstacle to CDP success
What’s in the debt ceiling deal? Everything to know, from student loans to IRS funding
By Michael Grothaus May 30, 2023 As of the time of this writing, many major stocks are up on (June 09, 2023)’s news that a deal to lift the United States debt ceiling has been reached between the Biden administration and House Speaker Kevin McCarthy. The 99-page piece of legislation is officially called the … Continue reading What’s in the debt ceiling deal? Everything to know, from student loans to IRS funding
What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible
By Josh Boak—Associated Press January 19, 2023 The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are raising alarms about whether the United States can sidestep a potential economic crisis. The Treasury Department on Thursday said in a letter to congressional leaders it has started taking … Continue reading What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible
Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help
By Jude Cramer October 12, 2022 Student loan debt affects millions of Americans, and small business owners are no exception. Amid rising inflation and supply-chain issues driving up costs, entrepreneurs also facing student loan debt have found it difficult to grow over the past year. But President Biden’s plan for student loan forgiveness could … Continue reading Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help
Should You Use a 401(k) to Pay Off Debt?
Should You Use a 401(k) to Pay Off Debt? Due / 12 May 2022 As we all know, 401(k) plans are a great way to save for retirement. However, if you have a lot of debt, cashing out your 401(k) is an option; but is it a good option? In this article, we will … Continue reading Should You Use a 401(k) to Pay Off Debt?
Build Strong Financial Foundations to Guarantee No Future Debt Problems
Build Strong Financial Foundations to Guarantee No Future Debt Problems Due / 05 May 2022 I’m not going to mince words about this. When it comes to finances, a lot of people are struggling. According to a survey by NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health, … Continue reading Build Strong Financial Foundations to Guarantee No Future Debt Problems
How Can Digital Debt Collection Play an Important Role in Fintech Success
How Can Digital Debt Collection Play an Important Role in Fintech Success Lyle Solomon / 25 Feb 2022 According to a McKinsey’s 2020 report, the international was facing numerous challenges, despite the fact that several industries rely on its expertise to recover debts from customers. The report further highlighted that many debt collection agencies could … Continue reading How Can Digital Debt Collection Play an Important Role in Fintech Success
Do Not Forget About Retirement Savings as You Pay Down Debt
Serenity Gibbons December 13, 2021 The sooner you retire, the less time you have to save for the golden years. The street smarts say: Avoid debt after you retire. Even if you don’t plan to retire soon, younger workers still have time to save for their golden years. The wise word is: Do not get … Continue reading Do Not Forget About Retirement Savings as You Pay Down Debt