Recent News

Piggy Bank with Student Loans

FAFSA Deadlines Hamper Access To $150 Billion In Student Aid

If you have a college-age child in the house, this will be your reminder that now is not just “tax season”, it’s also “FAFSA season.” The two are very much related. Everyone knows what tax season is about – pay the IRS! – but the FAFSA season can have an equally momentous impact on your […]

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Tax Refund Ahead

Best Ways to Spend Your Tax Return

The big financial question for America over the next few months is: How should I spend my tax refund? The Internal Revenue Service says most of you – somewhere between 75 and 80 percent – are getting one. The average tax refund in 2015 is going to be around $3,539. The IRS knows this because […]

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graduation cap on a pile of money

Corinthian Graduates Not Impressed With $480 Million Loan Forgiveness

Recent graduates from Corinthian College campuses reacted with a yawn to news that the school would forgive $480 million in student loans from its Genesis Loan Program. Genesis represents only a fraction of the money they borrowed to attend Everest College and Heald College, two of the for-profit schools that Corinthian owned before it was […]

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Everest University image

CFPB Gets Group To Agree To $480 Million Loan Forgiveness

For-profit colleges in general – and Corinthian Colleges in particular – took a seismic shot from the Consumer Protection Financial Bureau (CPFB) when it announced a $480 million loan forgiveness program for students who took out high-cost, private loans to attend one of Corinthian’s 100 campuses around the country. The CFPB said that Corinthian lured tens of thousands of […]

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graph showing upward economic trends

2014 Great Year For U.S. Economy, Can We Repeat In 2015?

By most accounts, the United States economy had a glowing year in 2014. Unemployment was down, spending was up, housing prices continued to bounce back and gas prices plunged to rates we never thought we’d see again. Then again, millions of Americans are still out of work, consumer debt reached a record high, Millennials still […]

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debt relief just ahead road sign

Private Student Loan Lenders Open Door To Modifications

Help is coming for beleaguered borrowers who took out student loans from private lenders. How much help – and how many people actually will benefit from it – is still very much under discussion, but two private lenders at least have opened the door to assist financially distressed customers. Wells Fargo Bank and Discover Financial […]

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Past due stamp

Grace Period Ends During Holidays For Millions Of Students

Forgive Steve Simon if he doesn’t get swept up in the excitement of the holiday season this year. Simon already knows what he’s getting for Christmas. “Another notice from Navient telling me that my grace period is over and my first student loan payment is due,” he said. Similar notices will be competing for attention […]

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manage debt goal

Debt Consolidation Or Debt Management Could Help Cure ‘Holiday Hangover’

The day of reckoning is fast approaching for annual budgets and it may not be a good one for people who rely on credit cards. Annual bills often collide with debt from holiday spending and that can make for a combustible Christmas and Not Very Happy New Year. And credit cards are typically the fuel […]

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Get crafty this fall and winter to save money on home decor.

Money Saving Tip: Get Crafty with Holiday Home Decor

Tis the season to celebrate!  One of the most fun ways to celebrate  and get into the holiday spirit is to decorate your home for each upcoming season and holiday. Decorating your home doesn’t have to cost a fortune.  Save money by getting crafty and decorate your home with items found in nature (bonus – […]

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Credit Scores Image of Woman

Credit Scores Going Up … Without Any Help From Consumers

The average credit score for American consumers is at an all-time high, but will almost surely go higher within the next year as credit bureaus and government tinker with one of the key components in the economy. Fair Isaac Corporation (FICO), the most recognized name in the credit score industry, said the average consumer’s score […]

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