Millions of people are learning, yes, they’ve been approved for federal student loan forgiveness under the program President Joe Biden is trying to push through. But those emails and the hang-ups in court are causing some confusion.

Millions of people are learning, yes, they’ve been approved for federal student loan forgiveness under the program President Joe Biden is trying to push through. But those emails and the hang-ups in court are causing some confusion.

The Biden administration isn’t accepting applications for federal student loan forgiveness, but they have been sending emails out to people who have been approved for forgiveness.

Michigan high schoolers can be awarded up to $4,000 with in-state scholarships to help with college tuition.

Last week, President Joe Biden announced a plan to erase billions of dollars in college loan debt.

President Joe Biden’s student loan forgiveness program aims to provide thousands of dollars in federal student debt cancellation for millions of Americans. But where does the money come from?

President Joe Biden announced on Wednesday a new income-driven repayment plan for borrowers, and explained how it changes the current system.

President Joe Biden is expected to make an announcement on student loan forgiveness as soon as Wednesday, according to CNBC.

Many people make a New Year’s resolution to save money, pay off credit card bills that are coming in after the holidays, and just get their finances in order in general.

Whether you like it or not, it is essential for U.S. adults to have a credit history.

More than 42 million Americans collectively owe $1.56 trillion in student loan debt -- here's how some are planning to address that problem.

More than 42 million Americans collectively owe $1.56 trillion in student loan debt -- here's how some are planning to address that problem.

FILE - In this Aug. 9, 2017, photo, flags decorate a space outside the office of the Education Secretary at the Education Department in Washington. President-elect Joe Biden has chosen the education commissioner for Connecticut and a former public school teacher to serve as education secretary. (AP Photo/Jacquelyn Martin)WASHINGTON – On Tuesday, the US Department of Education announced an expansion of the pause on federal student loan interest and collections to all defaulted loans in the Federal Family Education Loan Program. This action will help more than one million additional borrowers burdened by debt during the COVID-19 pandemic. Related: DeVos suspends federal student loan payments through January 2021

LANSING, Mich. – Michigan small businesses, agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations damaged by excessive rain Sept. 30 can apply for federal loans. The low-interest Economic Injury Disaster Loans are available in Alger, Cheboygan, Chippewa, Emmet, Luce, Mackinac and Schoolcraft counties, the U.S. Small Business Administration said. Loan amounts can be up to $2 million with 3% interest rates for small businesses and 2.75% for private nonprofit organizations of all sizes. AdUnder this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Except for aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers and ranchers, the agency said.

While your mortgage interest is tax deductible, a lower mortgage payment or cutting back on the number of years on your note is a great idea if you haven’t done so recently. Nathan Mersereau, certified financial planner and CEO of Planning Alternatives, said rates this low make it imperative to at least look into financing. If you have the opportunity to refinance, lowering your monthly mortgage payment is going to save you money that you can immediately put in your pocket or apply to your goals,” Mersereau said. Why it’s important to have your personal financial paperwork in orderREAD: Year End Money: Why calculating your net worth is importantThe Dollar Stretcher editor and founder Gary Foreman said there are many things to consider when refinancing your mortgage. Their rates may be a lot cheaper than the rates that you got when you first bought your car.”Watch the full report in the video above.

WAYNE COUNTY, Mich. Theres a big boost coming for minority small businesses in the city of Detroit. TCF Bank announced a new $1 Billion loan commitment to minority and women-owned small businesses. Black owned, woman owned,said Jamesha Lucas with Bronzed N' Glow. Its a title, Jamesha Lucas with Bronzed N' Glow said, she is very proud of, Bronzed N' Glow is a modern twist to beauty supply retail. Gary Torgow with TCF Bank said he understands, this is a tough time for businesses, especially if youre black owned.