As Democrats Weigh Student Loan Forgiveness, Will Credit Card Debtors Be Left In The Cold?

As Democrats Weigh Student Loan Forgiveness, Will Credit Card Debtors Be Left In The Cold?
Forbes.com | Economy

President-elect Joe Biden has expressed support for up to $10,000 in student loan forgiveness for borrowers with federal loans. But Americans are twice as likely to have credit card debt as student loan debt. Until 1986, credit card interest was tax-deductible.

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Forbes.com | 24. 06. 2021 11:29:50 | Economy

Verizon stock, which currently trades at $56 per share, seems to be a decent investment opportunity at the moment. The stock is still 8% below the levels seen at the beginning of 2020 and 3% below the level in February 2020. VZ stock has gained 12% from its March 2020 lows of $50 compared to an...

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Forbes.com | 24. 06. 2021 03:29:40 | Economy

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Forbes.com | 24. 06. 2021 03:29:39 | Economy

Senator Elizabeth Warren and other progressive Democrats in Congress are urging President Biden to extend the current pause on federal student loan payments and interest to at least March of 2022. Could that happen?

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Bitcoin’s biggest investors are counting their losses. But not all crypto tycoons are hurting.

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Forbes.com | 24. 06. 2021 03:29:35 | Economy

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Switzerland-based StakeHound is suing Fireblocks for 38,178 ETH staked on Ethereum that has been rendered inaccessible. It is a cautionary tale for crypto holders looking to generate yields on their assets.

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Before you worry about inflation rates, it helps to understand exactly what is happening.

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Forbes.com | 24. 06. 2021 03:29:25 | Economy

Investing when inflation is rising is of particular importance since the goal is to earn a positive return, after factoring in inflation.

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Tesla, Applied Materials and Micron Technology lead a resurgent crop of Nasdaq stocks.

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When you hear about protein, you likely think of “high-protein foods” like beef. But proteins are far more important than a big, juicy steak.

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Picking up on seniors' vulnerability and exposure to potential financial exploitation is not as easy as you might imagine. It helps to get some guidance from regulators, who have seen it all.

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Forbes.com | 24. 06. 2021 01:35:00 | Economy

There are several dozen scholarships and fellowships that are so generous and prestigious that every eligible student should consider applying.

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Forbes.com | 24. 06. 2021 01:34:59 | Economy

For the most part, traditional banks have been slow in their response to the opportunities Open Banking affords, seeing compliance as the principal goal, but that is changing as banks see new entrants build successful business models on data-sharing foundations.

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Forbes.com | 24. 06. 2021 01:34:57 | Economy

Here's what it means for your student loans.

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Forbes.com | 23. 06. 2021 16:22:33 | Economy

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Forbes.com | 23. 06. 2021 16:22:31 | Economy

Investors are understandably concerned about President Biden's plans for additional tax revenue.

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Forbes.com | 23. 06. 2021 16:22:29 | Economy

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Forbes.com | 23. 06. 2021 16:22:28 | Economy

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Joseph Bishop-Henchman of the National Taxpayers Union Foundation discusses the litigation of a provision in the American Rescue Plan Act restricting states from using federal funds provided by the law to offset reductions in net tax revenue.

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Get a free look at one of the stocks in this month's Model Portfolio.

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Forbes.com | 23. 06. 2021 16:22:10 | Economy

Millions of student loan borrowers could be at risk of having their child tax credit seized by the Department of Education.

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Forbes.com | 23. 06. 2021 16:22:08 | Economy

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Our contrarian buying opportunity is here.

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Nytimes.com | 23. 06. 2021 11:02:21 | Economy

As Democrats pursue both bipartisan infrastructure negotiations and a catch-all economic package, old divisions persist on how to fund the spending.

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Dogecoin has under-performed against its rivals in the current market downturn–and it's not hard to see why.

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Stocks traded flat on Tuesday after kicking off the week with a massive comeback rally. For investors looking to find the best opportunities, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Buys.

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The Ohio Retirement Study Council was created by the Ohio Legislature to provide legislative oversight of Ohio’s statewide pension systems. For decades, its epically failed to perform its limited statutorily-mandated duties.

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We see recurring confusion about what it means to be appointed with authority over money in a Durable Power of Attorney for finances for aging parents. Here's what you need to know.

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Attempting to suppress crypto adoption will only make it stronger and more durable going forward

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Forbes.com | 22. 06. 2021 23:32:22 | Economy

With the S&P and Nasdaq also back within striking distance of their record highs, stocks traded primarily flat on Tuesday. If you’re looking for a way to play this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Shorts.

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Forbes.com | 22. 06. 2021 23:32:21 | Economy

If you want advance payments of your 2021 child tax credit—or don’t—the Internal Revenue Service has two new online tools that can help.

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Forbes.com | 22. 06. 2021 23:32:20 | Economy

Monday brought relief to investors after several days of losses following the announcement of a shift in the Federal Reserve’s policies last Wednesday. Our AI has evaluated and rated the top trending stocks for today.

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Forbes.com | 22. 06. 2021 23:32:19 | Economy

The shares of semiconductor concern Texas Instruments (TXN) have just pulled back to a trendline that could springboard the equity back toward record highs.

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