student loans

Earnest and Nova Credit Team to Offer Loans for International Students
Earnest and Nova Credit Team to Offer Loans for International Students
July 17, 2023  |  Loans

FinTech Earnest has teamed with Nova Credit to offer private student loans for international students. The partnership, announced Monday (July 17), is happening at a time when foreign-born students make up...

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Biden Administration to Forgive $116.6 Billion in Student Loans
Biden Administration to Forgive $116.6 Billion in Student Loans
July 14, 2023  |  Loans

The Biden-Harris Administration is providing more than $116.6 billion in student loan forgiveness to 3.4 million borrowers. The Department of Education will begin notifying 804,000 of those...

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Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
July 12, 2023  |  Economy

The torrid pace of inflation is torrid no longer. At least judging by the data for June. The question remains, however, whether the fact that...

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Millennials Worry Less About Inflation and More About Paying Back Student Loans
Millennials Worry Less About Inflation and More About Paying Back Student Loans
July 07, 2023  |  Loans

United States consumers take out student loans in hopes that a college education for their children or themselves will contribute to a higher income later...

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Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan Payments
Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan Payments
July 05, 2023  |  Loans

The White House wants to offer debt relief to student loan borrowers as payments resume. According to an announcement last week by the U.S. Department of Education, the...

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Supreme Court Student Loan Decision Could Hit Gen X Hardest
Supreme Court Student Loan Decision Could Hit Gen X Hardest
June 30, 2023  |  News

As illustrated in the PYMNTS collaboration with LendingClub, “New Reality Check: The Paycheck-to-Paycheck Report,” Gen X shoulders the heaviest financial burden across generations, and the...

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SoFi Debuts Student Loan Tool as Consumers Feel Repayment Woes
SoFi Debuts Student Loan Tool as Consumers Feel Repayment Woes
June 08, 2023  |  Loans

SoFi has debuted a tool to help consumers pay off student loans and still save for retirement. The personal finance company’s SoFi at Work unit...

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Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
June 08, 2023  |  Retail

Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s...

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Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
Student Loan Repayments May Hit Gen X Pocketbooks the Hardest
June 07, 2023  |  Debt

Gen X has been walking a difficult financial tightrope over the past few years, and double debt duty may be leaving “The Forgotten Generation” in...

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