Money, Wealth & Power—A Daily Look at the Financial World
Student loan types can be confusing, and choosing poorly can cost thousands of dollars over a career. I focus here on seven major options and the smarter alternatives that recent reporting highlights, from forgiveness paths to refinancing strategies, so borrowers can match each loan type with a cost-cutting move instead of just accepting the default…
President Donald Trump is weighing a plan to sell roughly $1.7 trillion in federal student loans to private investors, a move that would shift one of Washington’s largest financial assets out of government hands and into Wall Street’s. The prospect has ignited a rapid backlash from Senator Elizabeth Warren and more than 40 Democratic lawmakers,…
The Trump administration is committing another $1 billion in federal financing, this time to bring a shuttered nuclear reactor at Three Mile Island back into service. The move folds a symbolically loaded plant into President Donald Trump’s broader push to expand domestic energy supply and power-hungry technologies like artificial intelligence with firm, around-the-clock electricity. By…
I want to crush student debt fast, not just manage it indefinitely, so every move I make has to shorten my payoff timeline and cut interest costs. That means combining aggressive payments with smarter planning tools, using every legal break available, and avoiding habits that quietly inflate my balance. Each of the following strategies is…
The Trump administration’s push to dismantle the federal Education Department has raised a blunt, practical question for tens of millions of borrowers: what happens to their student loans if the agency in charge of them disappears. The short answer is that the debt does not vanish, but the systems that govern repayment, forgiveness and customer…
As car buyers face mounting affordability pressures, a significant shift is occurring in the automotive financing landscape. Increasingly, consumers are committing to monthly car payments exceeding $1,000, with one in five buyers now taking on this financial burden. This trend has pushed $1,000+ monthly new car payments to unprecedented levels, setting records in the process….
A recent decision by the Trump administration concerning the Consumer Financial Protection Bureau (CFPB) could significantly complicate future student loan forgiveness efforts for millions of borrowers. This move is part of broader Trump administration policies on student loans that critics argue act as an anti-stimulus for the struggling economy, potentially exacerbating financial pressures on younger…
Credit card debt is a significant concern for many Americans, with interest rates often exceeding 20%. Personal loans offer a potential solution by consolidating high-interest credit card balances into a single payment with a lower interest rate. As of August 2025, personal loan rates were competitive, making them an attractive option for debt consolidation. Experts…
In 2025, the landscape of car loans has shifted significantly, with average loan terms extending to seven years. This trend means that many drivers will be making payments until 2032 for vehicles purchased today. This shift is part of broader financing trends, including specialized options for electric vehicles like Tesla. Borrowers must also navigate varying…
Despite recent policy shifts, certain student loan borrowers remain blocked from accessing tax-free forgiveness under federal programs. The Trump administration has agreed to deliver more student loan forgiveness for some federal borrowers, including restarting cancellation processes. However, a critical deadline looms with just 10 weeks left for affected individuals to avoid a significant tax burden…