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BORR News3 articles
Student Loan Overhaul: SAVE Plan Borrowers Face July 1 Deadline
The SAVE student loan plan ends July 1, forcing 6.5 million borrowers to select a new repayment option within 90 days or be moved automatically. The transition faces technical glitches and confusion.
Borrowing $1.5 Trillion for Stocks Unlikely to Fix Social Security, Study Warns
A Boston College study warns that borrowing $1.5 trillion to invest in stocks is unlikely to fix Social Security's shortfall, with the fund failing to repay debt in most scenarios.
Credit Divide Deepens: Super-Prime Borrowers Surge While Lower Tiers Face Rising Debt Burdens
TransUnion data reveals a widening credit gap: super-prime borrowers increased by 15 million since 2019, while near-prime and subprime consumers face rising debt-to-income ratios and higher delinquency rates.