July 11, 2025
Financial Assets

Biden promises to cancel student loan debt. The truth is he can’t

Joe Biden and Kamala Harris continue to march forward with debt forgiveness plans that they have no authority to implement. Millennials: Thousands in debt, little in the bank, yet loves vacations Millennials are struggling to stay financially afloat these days thanks to rising rent, and student loan debt. Buzz60 It’s the middle of August, which

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Financial Assets

What is forbearance? Why student loan borrowers woke up to notice

Student loans are holding borrowers back A new Gallup poll finds that most student loan borrowers are delaying other major life events due to their debt. President Joe Biden’s administration has worked to forgive or lower student loan repayments, but now one of the main programs helping millions of Americans is in court and borrowers

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Financial Assets

Recession fears send global markets plunging

U.S. stocks opened lower after global markets plunged overnight over worry about the health of the U.S. economy. The S&P 500 Index was down 8.6% Monday morning before gaining much of it back and the NASDAQ Futures Index fell 6% after global markets plunged over worries about a possible recession in the world’s biggest economy.

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