In his resignation letter, Seth Frotman said Trumps budget director was serving the most powerful financial companies The governments top official overseeing the $1.5tn student loan market resigned in protest on Monday, citing what he says is the White Houses open hostility toward protecting the nations millions of student loan borrowers. Seth Frotman will
Tag: Business
Image: AP/Butch Dill The U.S. government’s $1.3 trillion student loan program has a dizzying array of repayment plans that can overwhelm borrowers. That’s one of the things loan servicers are supposed to help with. Navient, the nation’s largest student loan servicer, handles accounts for more than 1 in 4 Americans who owe money for their
Image: Shutterstock / Myroslava Gerber Student loan debt may not be exclusive to gender, but women have a tougher time paying it off than men. Women earn just under 80 cents on the dollar compared with men, according to the U.S. Census Bureau, and they’re paying more out of their pockets to service debt.One year
Image: Faberr Ink/shutterstock When it comes to saving money, not every way is the right way. A lot of it depends on your lifestyle and the goals that you’ve established. At the same time, there are plenty of mistakes we typically make when it comes to saving like the 25 ways listed below. 1. Not
Leading economist and investor believes world leaders, and global capitalism, have reached fork in road between equality and chaos The bad news is that another economic crisis could strike within two years. The good or better news is that such a shock is not nailed on. Its a 50% chance. But the developed world is
Image: bloomberg/getty images When Donald Trump tweets, the stock moves. Twitter’s influence on the stock market isn’t breaking news (traders used Twitter data to predict Brexit, the 2016 election and other societal moves), but a new app is trying to put that knowledge into the hands of more people not just bankers and professional stocker