Explore microcredit: its definition, functioning, and loan terms. Learn how microloans assist in empowering the financially underserved to start or expand small businesses.

“The department urges all borrowers in the SAVE plan to quickly transition to a legally compliant repayment plan,” Secretary of Education Linda McMahon said in a news release. Money; Getty Images The ...

A potential government shutdown looms as lawmakers are deadlocked over the 2026 federal budget. The Department of Education plans to furlough about 95% of its non-Federal Student Aid staff in the ...

Today's high-rate environment and the rising cost of living are leaving many borrowers in a tough spot. Interest rates on credit cards are still sitting near record highs in mid-2025, after all, and ...

Roughly 8 million federal student loan borrowers will soon see their debt balances start growing again. Borrowers who enrolled in the Saving on a Valuable Education income-driven repayment plan ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...