Home / Tag: debt

Tag Archives: debt

Missouri among states suing Biden administration over student debt scheme

student debt

Missouri Attorney General Andrew Bailey is taking the lead in a lawsuit against the Biden administration’s latest plan to cancel billions of dollars in student debt. “With the stroke of his pen, ...

Read More »

Republicans remain divided with days left to avert shutdown

As the deadline to fund the government and avert a shutdown draws near, House Republicans find themselves deeply divided, despite initial hopes of reaching a compromise. While the House of Representatives successfully ...

Read More »

Student loan bailout unconstitutional, Supreme Court rules

supreme college decisions court loan planned

The Supreme Court has ruled 6-3 that the Biden administration’s student loan bailout unconstitutional. Biden unveiled the plan in August 2022 in a move critics decried as a constitutionally dubious attempt to ...

Read More »

Senate passes debt ceiling override deal

senate debt

The U.S. will not default, at least for now, after the U.S. Senate passed the Fiscal Responsibility Act of 2023. President Joe Biden is expected to sign the measure, which passed 63 ...

Read More »

White House will veto GOP effort to stop college debt bailout

The White House says it will veto a Republican-led House measure that stops the massive student loan bailout. The bill in question is H.J. Res. 45, which criticizes a debt plan that ...

Read More »

U.S. households added $320 billion in debt last year

households debt

U.S. households continue to struggle, adding $320 billion in debt last year.  It marks the highest level since the 2008 financial crisis which saw millions lose their homes. Households owe a combined ...

Read More »

Democrats want to mint $1 trillion coin to further spending

In recent years, left-leaning economists and Democrat lawmakers have floated the idea of minting a $1 trillion platinum coin that would then be deposited in its bank account at the Federal Reserve, ...

Read More »

7 ancient financial tips from Proverbs still ring true

Can wisdom from the ancient texts of Proverbs apply to the fast-paced financial world of the 21st Century? After all, they were written over 2,700 years ago. Ask someone from the millennial ...

Read More »

As a millennial I paid off $20,000 of debt in 6 months

millennial debt

It seems as if it’s almost impossible for a Millennial or GenZ to get ahead financially these days. Record inflation, insane gas prices, and a tough housing market are just a few ...

Read More »

Judge blocks Biden school debt bailout plan

In a blow to the Biden administration, a court has blocked a controversial plan to put taxpayers on the hook for school loans. The 8th U.S. Circuit Court of Appeals granted an ...

Read More »

When the credit card debt bubble bursts

Inflation still isn’t letting up, and it’s a top concern for Americans right now. But we just learned of yet another way surging prices are hurting families—leading them into huge amounts of credit ...

Read More »

Hawley introduces bill to hold colleges accountable for rising tuition and student debt

Missouri Sen. Josh Hawley on Wednesday introduced legislation that makes colleges and universities liable for student debt. College tuition increases consistently outpace inflation, with no end in sight. In fact, many economists ...

Read More »

Mortgage interest rates surge past 6% with no signs of stopping

The average interest rate on the most popular U.S. home loan rose above 6 percent for the first time since 2008 and is now more than double the level it was one year ago, ...

Read More »

Does Jesus support student loan forgiveness as some say?

jesus loans

Two authors of a recent Time magazine commentary want you to believe that Jesus Christ supports the Biden administration’s plan to cancel $500 billion in student loans. According to William J. Barber II and Jonathan Wilson-Hartgrove, ...

Read More »

Sen. Roy Blunt blasts Biden’s college loan bailout as unfair

Missouri Sen. Roy Blunt called the Biden administration’s college loan bailout “monumentally unfair.” Appearing on ABC’s “This Week with George Stephanopoulos” on Sunday, Blunt also slammed the “bad economics” and the impact ...

Read More »

Before student debt bailout, Democrats got $341 million in donations from loan industry

Democrats have been given hundreds of millions of donations from the higher education industry before President Joe Biden canceled up to $10,000 in student loan debt on Wednesday, records show. The lenders will ...

Read More »

Biden announces scheme to pay off student debt, increase deficit by over $300 billion

national debt biden student

The amount of student debt being written off equals almost half of the yearly budget for the Pentagaon. The shocking numbers came in the announcement of the student loan creditor bailout made ...

Read More »

Dave Says – Work first, play later

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Work first, play later Dear Dave, ...

Read More »

Dave Says – More than any amount of money

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   More than any amount of ...

Read More »

Dave Says – Good news and bad news

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Good news and bad news ...

Read More »

How this millennial paid off $102k in student loans in 6 years

student loans

After graduating from the University of Pittsburgh in 2013, Mandy Velez did some math to see how long it was going to take her to pay back her student loans. The calculations ...

Read More »

Ready to Play Defense with Your Retirement Savings?

For most investors, including those saving for retirement, it’s no surprise that markets are subject to up-and-down fluctuations over time. And if you are investing with a long-term perspective, it’s pretty common ...

Read More »

Dave Says – Long distance flip?

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Long distance flip? Dear Dave, I’ve ...

Read More »

Whopping majority of Americans oppose Biden spending bill

New polling shows the Biden/Harris/Pelosi spending bill is one of the most unpopular Democrat schemes in modern history. The  Trafalgar Group—one of America’s most accurate pollsters in 2016, 2018 and 2020—is releasing ...

Read More »

Dave Says – Let kids make mistakes

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Let kids make mistakes (and learn ...

Read More »
X
X