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Private student loan market set to expand under new federal loan caps with risks for grad school borrowers

More graduate students are likely to take out private education loans after new federal loan caps were established in President Donald Trump’s One Big Beautiful Bill Act. That prospect is worrying, consumer advocates and other financial experts say — private lenders are likely to reject many…
Government News

Car payments squeeze Americans as auto debt hits $1.68 trillion, report finds

Auto debt is becoming a bigger problem for consumers, a new report shows. Total auto debt reached $1.68 trillion at the end of 2025 — a 37% increase since late 2018, when the debt was at $1.23 trillion, according to a new analysis by…
Legal News

Americans owe $1.3 trillion in credit card debt as balances pile up

(InvestigateTV) — Americans collectively owe $1.3 trillion in credit card debt, with the average household carrying more than $11,000 in balances. John Kiernan, managing editor at WalletHub, said people are struggling with credit card debt. A new WalletHub survey found about 2 in…
Editorial News

Jamie Dimon warns of ‘some kind of bond crisis’ ahead as global debt risks build

JPMorgan Chase CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand. Dimon’s statement was in response to a question about whether he was worried…
Bankruptcy News

April Commercial Chapter 11 Bankruptcy Filings Increase 42 Percent from Previous Year

NEW YORK/ALEXANDRIA – May 6, 2026 — The 644 commercial chapter 11 bankruptcy filings in April 2026 represented at 42 percent increase over the 454 filings recorded in April 2025, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.…
Educational News

Incoming college freshmen will rack up an average of $43,000 in student loans by graduation, report finds

With National College Decision Day approaching, college affordability is a top concern for most students and their parents. Around 46% of 2026 high school graduates will go on to a four-year college or university, according to a new report by NerdWallet. Many of them…
Government News

Treasury yields move higher as oil prices rise amid U.S.-Iran standoff

Treasury yields moved higher on Thursday as tensions between the U.S. and Iran with the Strait of Hormuz reignited inflation fears. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose more than 3…
Legal News

Massive debt makes the U.S. one of the world’s most vulnerable countries in the energy crisis, market veteran warns

The world has never faced a crisis while loaded with so much debt, making the U.S. especially vulnerable despite being the world’s biggest oil producer, according to Ruchir Sharma, chair of Rockefeller International, the global investment strategy arm of Rockefeller…
Editorial News

Bessent defends U.S. dollar swap lines as Iran war harms global finances

Treasury Secretary Scott Bessent on Friday defended the possibility of the U.S. participating in currency swaps with allies in the Persian Gulf and Asia who are seeking financial backstops due to the Iran war. Discussions with those countries about U.S. dollar swap lines “are part of ongoing,…
Educational News

Trump administration finalizes federal student loan caps—what it means for borrowers

The Department of Education on Thursday finalized the student loan overhaul introduced in President Donald Trump’s “big beautiful bill,” also known as the Working Families Tax Cuts Act, which was signed into law in July. The final regulations include new borrowing limits on federal student…