student loans

Yet another $840-billion U.S. federal deficit in 2018 has pushed the national debt to $21.8 trillion as the year draws to a close. While most Americans are finalizing their 2018 finances in the last several weeks of the year in preparation for 2019 tax season, Benzinga took a look at just how much...

Americans paying off student loan debt now have a new way to add to their 401(k) retirement savings. What Happened? A new private letter ruling by the IRS suggests the agency may be open to employers matching employee student loan payments with contributions to their 401(k), according to...

The average cost of college is going up every year. Tuition, which is widely reported, is only part of the equation. There are also books, fees, and room and board. Aid is unlikely to meet the entire cost, especially as colleges and universities face budget concerns themselves. As a result, you...

When you face considerable debt, it's difficult to imagine how you could possibly start investing. This is especially true if you have student loans, as the term during which you pay off student loans often coincides with the time in your life that you make an entry-level salary. All that said...

Can things get any worse for Navient Corp (NASDAQ: NAVI)? Not according to Credit Suisse’s Moshe Orenbuch. By his estimates, Navient’s nearing the bottom. The education-services firm is down 20 percent year to date, and after a sharp, 4.7-percent sell-off Thursday, Orenbuch perceived a...

The U.S. Department of Education has had enough of “overreaching” watchdogs. Officials announced Friday that they would terminate two agreements with the Consumer Financial Protection Bureau pertaining to information-sharing and oversight cooperation ━ welcome news for recent targets of...

From time to time, everyone has a purchase they would love to return to the store for a refund, but they can’t find the receipt. Keeping up with paperwork can be difficult sometimes, but most people wouldn’t have any trouble keeping a $5 billion receipt perfectly safe. One of the...

Student loans are already wreaking financial havoc on an entire generation of college graduates. Unfortunately, a new class of predatory businesses are adding insult to injury by promising struggling borrowers student loan forgiveness and then ripping them off. Some of these con artists have even...

Amazon.com, Inc. (NASDAQ: AMZN) and Wells Fargo & Co (NYSE: WFC) have ended their student loan partnership, just over a month after its announcement, according to a report on Bloomberg. Bloomberg cited Catherine Pulley, a Wells Fargo spokeswoman, as saying Wednesday that the "promotion for...

Amazon.com, Inc. (NASDAQ: AMZN)'s Prime Day event was a smashing hit, and the e-commerce giant followed up with a new promotion — discounted student loans for Student Prime members. Wells Fargo & Co (NYSE: WFC) announced on Thursday that its Education Financial Services segment will team...

What if getting financing for college was as easy as calling an Uber? A new startup is trying to make this dream a reality. Leif, which stands for "Long-term Education Investment Fund," is a new platform that hopes to take the financial headache of getting a bachelor's degree out of the equation....

A large part of the government’s investment in higher education over the past 15 years may have done more harm than good. According to a new report by the Wall Street Journal’s Josh Mitchell, many Americans who have taken advantage of government-financed grants, low-interest loans and...

Many college students don’t fully realize the type of financial burden they are taking on when they take out thousands of dollars in private student loans. While there are a handful of federal student loan forgiveness programs, and qualified teachers and public workers can also get relief...