To provide more flexibility and support to trade school student loan borrowers, Fynn, a fintech lender specializing in private student loans, announced expansions to its benefits package on Tuesday (Aug. 29). These expansions aim to address the challenges faced by borrowers in terms of loan repayment and career...
The Biden Administration has unveiled a student loan repayment initiative that is set to benefit over 20 million borrowers. The Saving on a Valuable Education (SAVE) plan introduces an income-driven repayment (IDR) model that calculates monthly payments based on a borrower’s income and family size,...
The retailer’s strategy of appealing to millennials may be backfiring as the generation prepares to lose spending power to student loan repayments. Once again, consumer sentiments’ seeming ability to motivate spending behavior was evidenced Wednesday (Aug. 16) as Target’s Q2 2023 earnings release met analysts’...
When student loans resume this fall, many borrowers will send payments to new providers. Roughly 44% of federal student loan borrowers will have a new loan service company, AL.com reported Sunday (July 30), citing data from the Consumer Financial Protection Bureau (CFPB). According to the report, three...
August 16, 2023
The retailer’s strategy of appealing to millennials may be backfiring as the generation prepares to lose spending power to student loan repayments. Once again, consumer sentiments’ seeming ability to motivate spending behavior was evidenced Wednesday (Aug. 16) as Target’s Q2 2023 earnings release met analysts’ downgraded expectations. The company saw its second quarter comparable sales […]
July 07, 2023
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 in life. The underlying assumption...
December 18, 2023
The burden of student loan debt continues to weigh heavily on millions of Americans, as evidenced by the significant number of borrowers who have not resumed making payments after the pandemic-induced pause. Following a three-year pause, payments on federal student debt officially resumed in October, Bloomberg reported Monday (Dec. 18). However, approximately 40% of the 22 million […]
August 29, 2023
To provide more flexibility and support to trade school student loan borrowers, Fynn, a fintech lender specializing in private student loans, announced expansions to its benefits package on Tuesday (Aug. 29). These expansions...
August 22, 2023
The Biden Administration has unveiled a student loan repayment initiative that is set to benefit over 20 million borrowers. The Saving on a Valuable Education (SAVE) plan introduces an income-driven...
July 30, 2023
When student loans resume this fall, many borrowers will send payments to new providers. Roughly 44% of federal student loan borrowers will have a new loan service company, AL.com reported Sunday (July...
