Stacey Abrams Group Donates $1m to Medical Debt Relief—Here's Who Qualifies
Fair Fight Action has given money to the non-profit RIP Medical Debt to help more than 108,000 Americans in five states pay their bills.
It's Time to Fix—Or Nix—The Senate Filibuster
Why are we allowing an unaccountable official to make policy decisions that affect tens of millions of Americans?
Evergrande CEO Prepares to Break Apart Company in Attempt to Avoid Default
These meetings come as the company has missed three loan payments and oversees a number of unfinished developments.
People's Bank of China Says Evergrande Debt Situation Is 'Controllable'
The director of the financial markets department said the government would ensure individual house purchases were safe.
Thousands of Public Servants Could Have Student Loans Forgiven
Many people who have applied for loan forgiveness through a federal program said they were rejected due to complicated eligibility requirements.
Policymakers Must Fix Our Student Debt Crisis
The racial equity piece of this debate cannot be ignored.
Don't Give Our Flawed Universities the Boon of a Student Loan Bailout
Student debt cancelation is not the solution.
Why Democrats Don't Want to Lift the Debt Ceiling Using Reconciliation
While Democrats could act alone to lift the debt ceiling, the party's leadership has rejected doing so.
Default Seemingly Averted as Mitch McConnell Blinks on Debt Ceiling
"This will moot Democrats' excuses about the time crunch they created," McConnell said in a statement about his offer.
U.S. 'Playing With Fire' on Debt Limit, CEOs of Citi, Nasdaq Tell Biden
"We just can't wait to the last minute to resolve this," Citi Bank CEO Jane Fraser said.
White House Warns of 'Shock Waves' Across Globe if U.S. Defaults on Debt
The Senate is scheduled to vote Wednesday on whether to take up a bill to suspend the debt limit.
Trump Sees Debt Ceiling, Default Threat as Republican Leverage Over Biden
The former president said the GOP has a "very strong card to play" as the country faces an economic reckoning if debt issue is not resolved.
Republicans Don't Want to Pay Their Own Bills
Republicans will not win hearts by insisting that they don't have to help America repay its debts—especially since they racked up so much of them.
Jen Psaki Blames Congress for Lack of Student Debt Relief
Top Democrats have argued that Biden can cancel student debt on his own through executive action and without the help of Congress.
Schumer and McConnell Trade Shots on Senate Floor Over Debt Ceiling Hike
The two party leaders criticized one another over attempts to raise the debt ceiling before a looming government shutdown come Thursday.
Treasury Secretary Warns US Default on Debt Will Trigger Interest Rate Rise
Treasury Secretary Janet Yellen warned Congress that "our country would likely face a financial crisis and economic recession" if the debt ceiling isn't raised.
China Braces for Social Unrest After Evergrande Collapse: Report
Beijing is showing no signs it will bail out property developer Evergrande from its $300 billion of looming liabilities.
More Voters Would Blame Democrats Than GOP if U.S. Defaults on Debt: Poll
The survey comes as Democrats and Republicans in Congress battle over raising the debt ceiling.
Congress in Stalemate Over Government Funding, Debt Limit as Deadlines Loom
This week's vote on funding is crucial in keeping the government running after September 30, when the fiscal year concludes.
Pennsylvania Turnpike Saw 11 Million Rides That Didn't Pay Toll Last Year
Nearly half of all motorists who don't use E-ZPass failed to pay Turnpike tolls in the year that ended on May 31, the Associated Press found.
Government Will Run Out of Money in October if Debt Ceiling not Raised
"The most likely outcome is that cash and extraordinary measures will be exhausted during the month of October," Treasury Secretary Janet Yellen said.
Man Escapes From Stretcher, Flees Ambulance in Video Viewed 6.9M Times
Viewers suspected that the man was hoping to avoid the high price tag of medical treatment in the U.S.
Yellen to Take 'Extraordinary Measures' to Prevent U.S. From Debt Default
Yellen said the U.S.' current debt level is a result of spending and tax decisions made "by Administrations and Congresses of both parties over time."
50 Colleges Where Parents Have the Most Trouble Repaying Loans
Default and delinquency rates on parent loans at these schools run as high as 30 to 40 percent just two years after the family's student has left college.
10 Ways Parents Can Borrow Smarter for College
Before taking out a federal PLUS loan to help pay for your child's college costs, make sure to do this first.
Democrats' Backdoor Attempt to Cancel Student Loan Debt
If taxpayers are going to be forced to foot the bill for the college debt incurred by others, the least the government can do is require Congress to vote on it.
Nearly $3 Million Hospital Stay Shows the Cost of COVID-19
"Honestly this should be an advertisement for insurance," the TikToker said while showing off an itemized list of costs from a four-month hospital stay.
Woman Checks Bank Account After Night Out, Discovers She's $49Bn in Debt
Madison McGivern, who banks with Chase, confirmed she didn't take on everyone's student debt in the U.S.
California College Forgives Student Debt of Entire Graduating Class
The community college erased the outstanding debt of more than 60 students in this year's graduating class.
Donald Trump, Facing $590M in Debt Payments, Gets $617M From Vornado Deal
The $600M-plus windfall he "stumbled into" comes at a great time for the former president, analysts said, because numerous banks and businesses cut ties with him in the wake of the January 6 U.S. Capitol riot.