After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised to face severe consequences starting on Monday, May 5. “Resuming collections protects taxpayers from shouldering the cost of federal student loans that borrowers willingly undertook...

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April is recognized as National Financial Literacy Month, a time to highlight the crucial role of financial education in empowering all Americ…

Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay...

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.Over on Reddit, a user recently asked for budgeting advice. After itemizing their current budget, the user was...