With student loan payments set to restart in October, many borrowers are confused about their student loans. 27 percent of borrowers say they do not know how to make payments, according to a survey from NerdWallet. NerdWallet Personal Finance Expert Kimberly Palmer and Bipartisan Policy Center Economic Policy Project Director Rachel Snyderman join Yahoo Finance Live to reveal their top tips for getting ahead of student loan payments as part of the weekly series 'Student Loans: Crisis or Crucial?' Due to inflation and other pressures, Palmer revealed that 'people are basically stressed' even before the payments begin. Palmer said, 'It really begins for people with number one, getting a hold on what you owe, logging into studentaid.gov, and just getting a sense of how you will work those payments into your monthly budget.' Snyderman explained, 'The cost of attaining a higher education degree has become unaffordable and unattainable, and so we really do need to look at common sense solutions ... a lot of our work is focused for example on strengthening the value of pell grants, ensuring that states are able to adequately fund their higher educations.'
Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.The federal government says a cap on foreign student visas could help ease the housing crisis, but it could also be disastrous for some colleges and universities. CBC’s Ellen Mauro breaks down how and why so many Canadian schools rely on those lucrative international tuition fees.
More mental health resources are needed for child and teens still suffering negative impacts from the COVID-19 pandemic, Toronto's board of health says.The board decided at a meeting on Monday to recommend that the city ask the province for more mental health funding to help students who require "intensive" intervention that goes beyond the scope of the school system.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Student loan repayment: People are ‘very financially stressed,’ expert saysStudent loan payments are set to restart in October and 57 percent of borrowers say they need to make more money to comfortably afford their monthly payments, according to a survey from NerdWallet. NerdWallet Personal Finance Expert Kimberly Palmer and Bipartisan Policy Center Economic Policy Project Director Rachel Snyderman join Yahoo Finance Live to discuss the impact of student loan repayment on borrowers. Palmer says the survey found borrowers to be under financial pressure and “even confused because we’ve had such a long break.” She states that in the three-and-a-half-year payment pause, Americans spent on essentials like food and housing, and “now suddenly, people have to find a way to start making those payments.” Snyderman calls the student loan crisis “the symptom and not the disease” found in the educational system. “We really do need to look at commonsense solutions… to really put the focus on accessibility and accountability,” Snyderman says, so that students feel like “there is a bang for their buck in making such a tremendous investment.” Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Crisis or Crucial?'
Lire la suite »
Why now is the time to buy Block: AnalystNow is the time to buy Block (SQ), says Berenberg Capital Markets Senior Equity Research Analyst Mark Palmer. Palmer initiated Block with a 'Buy' rating and $75 price target. Palmer says the story surrounding Block has evolved from one of focusing on top-line growth to one of focusing on bottom-line growth. 'Management has been pulling levers to reduce the growth of its expense base and thereby generate profitability, particularly as measured in adjusted operating income,' Palmer says. Palmer also discusses how Block trades in relation to bitcoin (BTC-USD). Watch the video above to see what Palmer says.
Lire la suite »
Kimberly Palmer: A fall financial cleanse could get your spending back on trackIf summer is a season of spontaneity and indulgence, then fall offers a counterpoint: It’s a chance to get back on schedule, and back on budget. “Summer, with travel and no school, tends to be a really spendy time. The fall is a nice reset,” says Ashley Feinstein Gerstley, a certified financial planner and author of “The 30-Day Money Cleanse.” Gerstley says giving yourself a “money cleanse” offers a chance to carefully go over your spending and financial habits so you can make any necessary chan
Lire la suite »
ECB Will Remove Leveraged Finance Capital Charge for Some BanksThe European Central Bank will remove a capital surcharge on some lenders after they addressed shortcomings in their leveraged finance businesses.
Lire la suite »
Unravelling the controversy around Lido Finance’s token contract exploitBlockchain security firm SlowMist claimed there was an exploit involving Lido Finance's contract token while the liquid staking protocol assured users that funds were safe.
Lire la suite »
Zimbabwe's Mnangagwa appoints son as deputy finance minister in new cabinetBy Nyasha Chingono HARARE (Reuters) - Zimbabwean President Emmerson Mnangagwa on Monday appointed his son as the deputy finance minister and retained ...
Lire la suite »