Mike Calhoun rang the alarm bell early on about the subprime mortgage debacle — before reckless lending drove the economy into recession. These days, he's sounding the alarm about student loans.
NPR found the vast majority of student loan borrowers with disabilities aren't getting the debt relief they're owed. Now, a bipartisan group of lawmakers is asking for an investigation.
Hundreds of thousands of borrowers are eligible to have their student loans erased because a disability keeps them from working. NPR found many will likely never get the debt relief they're owed.
Changes are rippling through the financial services market as trade fees drop to zero. The merger will likely attract antitrust scrutiny, as the combined firms will hold $5 trillion in client assets.
Democratic presidential candidates want to obliterate student debt. Economists say that could help with income inequality, but it would come with a big price tag and risks.
ACA plans for 2020 are cheaper than last year — premiums lower, on average. And in some areas, people who qualify for federal subsidies could end up with no monthly payment. But read the fine print.
When passing the ACA, Democrats touted the fact that they had included many measures to pay for the bill's expanded coverage. But nearly 10 years later, Congress has eliminated many of those taxes.
Two regulations announced Friday take aim at health care prices. One, to affect patients by 2021, addresses hospital rates. The second, a proposal, would require more upfront clarity from insurers.
Some payday loans carry interest rates of 100% or more. The Military Lending Act limits rates on loans to service members. Now, a bipartisan bill aims to extend that protection to all Americans.
Public flagship universities are critical for low-income students because they serve as engines for upward mobility. But a new report finds they're often out of reach financially.
Employees at Microsoft Japan worked four days a week, enjoyed a three-day weekend — and got their normal, five-day paycheck. As part of the trial, the company also capped meetings at 30 minutes.
Americans are buying more expensive cars — nearly$38,000 for new cars, on average. And longer-term loans are enabling many people to make the payments, but at a cost.
The senators are calling on the nation's stop consumer protection agency to investigate a loan servicer for the troubled student loan forgiveness program for public service workers.
Big firms are again offering more generous health plans alongside or instead of policies with sky-high deductibles. Why? They need to do so to stay competitive and recruit top talent.
More car buyers are taking out longer-term loans. And many are rolling over unpaid debt from their last car into their new loans. If you're stretching out your car loan, we'd love to hear from you.
Developers are building thousands of single-family homes that won't require a mortgage to move in. Even people who could afford to buy are choosing to rent — they aren't ready for the long-term debt.
People age 65 and older make up the fastest-growing group of workers in the U.S. Some want to work; some have to work — and their numbers are changing how we view retirement.
The traditional online broker is cutting commissions from $4.95 per trade to zero. Charles Schwab is under pressure from newer firms like Robinhood, which are app-based and target younger customers.
A long-awaited update to federal overtime rules means about 1.3 million workers will be entitled to extra pay when they work more than 40 hours a week. But critics say it doesn't go far enough.
The high ER charge for treating one Colorado groom's hangover the day before his wedding illustrates how emergency room bills have become major headaches for many Americans.
More than 1 in 5 college students are raising kids, and access to child care is one of their biggest barriers. A new report finds many don't know they can apply for help from federal financial aid.
Groupon and other deal sites are the latest marketing tactic in medicine, offering bargain prices. But critics say pursuing such discounts can also entail getting unnecessary or duplicative services.
