As of March, the national debt reached an all-time high of $28 trillion, and experts are predicting that amount to increase by the end of 2021.
U.S. Education Secretary Miguel Cardona on Tuesday announced an expansion of the federal effort to provide relief to student loan borrowers during the COVID-19 pandemic.
"My colleagues want to come here and block a valid legal claim from being honored," Sen. Pat Toomey (R-Pa.) protested while blocking a Democratic proposal to prevent debt collectors from seizing the $1,400 stimulus payments included in President Joe Biden's American Rescue Plan.
One poll says that roughly 52 percent of Americans who receive stimulus checks will use mostly use it to pay off debt.
The IRS could potentially use stimulus funds claimed through Recovery Rebate Credit to cover any tax debt owed.
The decline in Americans' trust in government is roughly correlated with the rise in public debt over the same time frame.
Global government debt increased by an estimated $24 trillion last year, according to the Institute of International Finance.
"I never expected to have to pay up and be square before I could get the vaccine," Michael Rogan told KUSA on Thursday.
As President Biden continues to sign executive orders, some wonder if he could solve the issue of medical debt with a stroke of his pen.
Friday filings with the Federal Election Commission shed some light on how the money was spent, with more disclosures expected Sunday.
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There are two kinds of debt: Secured Debt and Unsecured Debt. Finding the right kind and prioritizing them based on what's at stake is a smart choice you have to make at some point in time.
To me, the highest honor comes when somebody puts his or her life in your hands. To be a physician or a nurse is, to me, something bigger than a transaction.
"Our goal as a congregation is to give people a good start on 2021," said Reverend Minna Bothwell of the Capitol Hill Lutheran Church in Des Moines, Iowa.
An inability to pay their credit card bills could negatively affect people's credit scores, making it more difficult for them to acquire future housing and education.
Economists are keeping calm, carrying on and using war analogies to assure the public that everything will be ok.
"We need to stop pretending that student loan debt is actually a 'crisis,'" a libertarian think tank fellow wrote in response to Democratic proposals.
American higher education needs a wrecking ball—not a bailout.
Many people debated whether Americans would be in favor of cancelling student debt, especially if they'd already paid off loans or didn't go to college.
Representative Alexandria Ocasio-Cortez and Ayanna Pressley say their legislation would provide much-needed debt relief for 45 million workers and families
Senior bank officials at Deutsche told Reuters the lender was tired of negative publicity around its relationship with the president.
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Low-rate personal loans for those with high credit scores.
Mayor Regina Romero called on Trump to "lead by example" and follow ordinances requiring people to wear masks and maintain social distancing.
A majority of Americans who received stimulus payments and unemployment benefits due to the COVID-19 pandemic put their money into savings or used it to pay down debt, according to a pair of new surveys.
The new Simplifi by Quicken is changing the financial game for millennials by helping them stay on budget and optimize their savings.
Promising tens or even hundreds of thousands of dollars to young people is nothing short of bribery.
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The citizens have paid back a record amount in credit card debt over the last few months. Learn how they are dealing with no stimulus checks, and using tech and assistance programs from card issuers to stay afloat.