
Articles
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3 weeks ago |
cnet.com | Courtney Johnston |Mike De Socio
Over the last few months, you've probably heard more about tariffs than you ever have before. Tariffs have been a big focus of President Donald Trump's second term and many companies have announced price hikes to offset tariff costs. Trump recently announced that new tariffs on steel and aluminum imports would kick in today, which could hit home appliances particularly hard. Experts say, you might pay more on your next vacuum, washing machine or refrigerator.
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1 month ago |
cnet.com | Courtney Johnston
Student loan policy has experienced extreme shifts in the past few years, and we may not have seen the last of these changes yet. In the past four months we've witnessed the end of the Saving on a Valuable Education (SAVE) income-driven repayment plan, and borrowers with defaulted student loan balances now face wage garnishment.
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1 month ago |
cnet.com | Courtney Johnston
What's going on with student loans? It's a question that's difficult to pin down when the answers seem to shift every week. As a reporter who's covered student loans since the beginning of the pandemic, and a borrower myself, it's a topic I'm dialed in on, and even I'm finding it hard to keep track of all the changes.
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1 month ago |
cnet.com | Courtney Johnston
All of the confusion surrounding higher student loan payments and wage garnishment has experts warning borrowers to beware of scammers preying on your desperation. Elaine Rubin, a student loan policy expert, says borrowers should be on high alert for student loan scams offering to lower their payments, get their debt canceled or make sure their wages aren't garnished.
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1 month ago |
cnet.com | Courtney Johnston
The Department of Education is resuming collection efforts on defaulted student loans starting on Monday. If you're more than 9 months behind on your student loan payments, that means your wages could be garnished as soon as this summer. It may sound scary, but wage garnishment to pay off a debt isn't new. Currently, some Americans have their wages garnished to pay back taxes, child support and other debt, including student loans.
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