Category: fox-business/money/college

White House to announce $75B student debt cancelation to give ‘breathing room,’ takes dig at House GOP

The White House on Friday will announce that it’s canceling an additional $75 billion in debt as part of the Biden administration’s most recent attempt at widespread student loan forgiveness ahead of the election. “Our administration is working as quickly as possible to be ready once the proposed rules are finalized, to start implementing some of them as early as this fall,” White House Press…

Welding pioneer describes the trade industry as ‘an absolute no brainer’ in today’s economy

Welding is a profitable career that can provide America’s youth with a steady income free of debt in a trade that is in high demand in the market, a leader in the industry told Fox News Digital.  Tyler Sasse, the owner and founder of Western Welding Academy (WWA) in Gillette, Wyoming, told Fox News Digital that social media has allowed the welding school to grow…

Millions of borrowers to see student loan payments drop in July after SAVE adjustment

President Joe Biden’s Saving on a Valuable Education (SAVE) plan has lowered student loan payments for 153,000 borrowers. In July, the plan is set to drop payments even more for nearly every borrower enrolled. The plan uses a borrower’s income to determine payment amounts. Until July, the formula considers 10% of a borrower’s discretionary income when calculating these monthly payments. Starting on July 1, the…

Viral TikTok trucker argues industry is great alternative to a 4-year college degree: ‘Golden ticket job’

As student debt mounts, Americans are looking for lucrative alternatives to a four-year college degree and trucking is proving to be a promising path for many.  A 24-year-old social media sensation, who goes by “Alex the Trucking Guy” on social media, has built a large following detailing his life on the road as a trucker for Variant in America. Since the start of the pandemic,…

Towering tuition at New England’s top colleges, universities reach over $90K a year

Several private colleges and universities in New England will cost more than $90,000 to attend this fall as inflation continues to impact Americans.  Tufts University, Wellesley College, Boston University and Yale University led the pack for the most expensive colleges and universities in the New England area for tuition, room and board for the 2024-25 academic year without financial aid. According to its website, Tuft…

College savings should start in kindergarten and kids should be involved: financial expert

With the cost of college on the rise plus an unstable debt load, the best thing parents can do is to set children up for financial success — and that can start as early as the kindergarten years. Gregg Murset, CEO of BusyKid, a chore app that provides kids with debit cards and financial education, believes the best way to avoid “digging yourself into a…

You don’t need to go to college to find your dream job, ‘degree free’ entrepreneur says

A college degree isn’t always necessary to land a lucrative job that can give you the lifestyle you want, one young entrepreneur firmly believes and shares with her followers on social media. TikTokers Hannah and Ryan Maruyama run the Degree Free Network, a podcast and consulting business to educate teens, families and job-seekers on alternatives to college degrees. Hannah Maruyama found a successful career without…