U.S. Debt

Concerns Mount Over 401(k) Cuts in Trump Tax Plan

Concerns Mount Over 401(k) Cuts in Trump Tax Plan

The President Says on Twitter That the 401(k) Plans Will Be Untouched, But Not Everyone Is Convinced The Trump tax plan continues to face controversy, this time with concerns that the 401(k) pension-matching plan may face reductions in the new tax overhaul plan, even as the president comes out on Twitter to claim that the (more…)

Student Loan Delinquencies on the Rise

Americans Falling Behind on Student Loan Repayments Economists are perplexed about why more Americans are falling behind in their student debt repayments compared to a year ago. Most economists agree that the U.S. economy has improved since then, which should decrease—not increase—loan delinquencies. According to the U.S. Department of Education, the percentage of Americans who are at least 31 days (more…)