The Latest Debt & Finance Blog

President Joe Biden giving a speech behind a podium

Details on Biden’s Student Loan Forgiveness Plan

By Michael Knisley | October 25, 2022

The application process is officially under way for President Joe Biden’s student loan relief program, the most sweeping act of forgiveness yet for the millions of borrowers who have waited…

Federal reserve building in Washington D.C.

How the Fed Raising Interest Rates Affects You

By Phil Sheridan | July 29, 2022

As the Federal Reserve plays Whac-A-Mole with the American economy – ‘WE’RE IN A RECESSION! NO, WAIT, WE’RE NOT IN A RECESSION!’ – there is always the chance the mallet…

Chalkboard with guide on how to survive inflation

How to Survive Inflation

By Bill Fay | July 22, 2022

With a nod to Mark Twain, inflation has replaced the weather as the thing everyone talks about it, but nobody seems to do anything about it. Until now. Not that…

Employee resigning from his job

The Great Resignation: Why Is It Happening?

By Bill Fay | February 8, 2022

America has turned into a nation of quitters, though that’s not necessarily a bad thing. Spurred by the COVID pandemic, millions of people have joined “The Great Resignation” that’s happening…

Cutting a credit card with scissors

How to Pay Off That Pandemic Credit Card Debt

By Guest Author | November 22, 2021

Credit card use has increased as the nation continues to work its way out of the pandemic. According to the Federal Reserve Bank of New York, credit card bills rose…

Man handing refund of cash

How to Get a Refund on Your Student Loan Payments During COVID-19

By Bill Fay | May 3, 2021

The rules governing repayment of federal student loans contain so many nooks and crannies that it shouldn’t come as a surprise that you may have missed one created during the…

Envelope containing four stimulus checks

Will There Be a Fourth Stimulus Check?

By Maureen Milliken | April 21, 2021

Is there a fourth stimulus check on the way? The success the federal government has had in helping Americans endure the economic disarray caused by the COVID-19 pandemic has prompted…

Envelope containing the third stimulus check

Third Stimulus Check

By Bill Fay | March 10, 2021

The average Joe – not Biden – figures to benefit most from passage of the $1.9 trillion American Rescue Plan. Approximately 145 million Americans will receive a third round of…

$15 minimum wage

$15 Minimum Wage Increase: Will It Happen?

By Bill Fay | February 10, 2021

Biden wants the minimum wage – currently set at $7.25 an hour – to jump to $15 an hour by 2025. The increases would be phased in at approximately $1.75…

Joe Biden announces American Rescue Plan

Details on the American Rescue Plan

By Bill Fay | January 14, 2021

President-elect Joe Biden unveiled the American Rescue Plan, a $1.9 trillion war on the prolonged suffering of Americans hardest hit by coronavirus. Included in his proposal: a fresh round of…


  1. Cardona, M. (2022, October 22) Efforts to block student loan forgiveness won’t derail Biden’s plan, try as partisans might. Retrieved from
  2. N.A. (ND) One-time Federal Student Loan Debt Relief. Retrieved from
  3. N.A. (ND) Apply for Federal Student Loan Debt Relief. Retrieved from
  4. N.A. (ND) Student Loan Forgiveness. Retrieved from
  5. Minsky, A.S. (2022, September 30) 5 Key Takeaways From The Sudden Change To Student Loan Forgiveness Eligibility. Retrieved from
  6. Ferguson, H.T. (2022, October 11) White House Provides Detailed Preview of Student Loan Debt Cancellation Application. Retrieved from
  7. N.A. (2022, August 24) Biden-Harris Administration Announces Final Student Loan Pause Extension Through December 31 and Targeted Debt Cancellation to Smooth Transition to Repayment. Retrieved from
  8. N.A. (2022, August 23) Thanks to Temporary Changes, U.S. Department of Education Announces Public Service Loan Forgiveness Surpasses $10 Billion in Debt Relief. Retrieved from
  9. Kantrowitz, M. (2022, August 24) Is Student Loan Forgiveness By Executive Order Legal? Retrieved from