By Karen Stokes Last month, President Biden announced a plan to wipe out significant amounts of student loan debt for 40 million Americans now federal officials are warning about scams. The administration’s forgiveness program will cancel up to $20,000 in student loan debt for borrowers making less than $125,000 or $250,000 for households. The plan […]
Scams Can Happen to Anyone. Here Are the Most Common Ones and How to Protect Yourself
Financial Literacy Chances are you know someone who has been a victim of fraud or scams. As a result of the pandemic, fraudsters are finding new ways to find new victims. The good news is that there are simple ways for consumers to stay safe and fight back. Scammers are always coming up with new […]
Fraud Alert: How to Protect Yourself from COVID-19 Scams
By Dena Vang As America continues to distribute COVID-19 vaccines, prioritizing and educating the most at-risk populations about vaccines is crucial to tackling the pandemic. COVID-19 has further exposed the racial and ethnic health inequities in the United States. According to a KFF report, people of color, including older adults and others on Medicare, account […]
Pitfalls to Avoid When Making a Student Loan
by Charlene Crowell NNPA Columnist If you are a college student, a recent college graduate or even a college drop-out, student loan debt is not only likely, but probable. Among Black families, more than half – 52 percent – borrow for college costs, according to the Center for Responsible Lending (CRL). Additionally, paying off college […]