Student Loan Policy - The spending bill's impact on student loans is heading to the President for signature [1]

Student Loan Policy Changes - The spending bill's impact on student loans is heading to the President for signature [1] Impact on Borrowers - The report focuses on how the spending bill will affect individuals with student loans [1]

Student Loan Policy - The spending bill's impact on student loans is heading to the President for signature [1]

Policy & Regulation Impact - Tax legislation is poised to favor companies providing private student loans [1] - The bill restricts the amount students and parents can borrow from the government for college [1] Industry Opportunity - Private student loan companies are set to benefit from the new legislation [1]

Here’s a breakdown of the final version of the bill that has now officially passed the Senate, and what it means for borrowers, students, and college-bound families. (Photo: J. David Ake via Getty Images) https://t.co/DFjpLsEBNa https://t.co/XE1LoUYSEW ...

Here’s a breakdown of the final version of the bill that has now officially passed the Senate, and what it means for borrowers, students, and college-bound families. (Photo: J. David Ake via Getty Images) https://t.co/0uriYGcYos https://t.co/a3ebWOx5cV ...

Here’s a breakdown of the final version of the bill that has now officially passed the Senate, and what it means for borrowers, students, and college-bound families. (Photo: J. David Ake via Getty Images) https://t.co/VctEjTqWX8 https://t.co/LdU9KtLSuN ...

Consumer Debt Overview - US household debt reached a record high of $18.2 trillion in Q1 2025 [1] - Consumer debt includes credit cards, auto loans, mortgages, student loans, and buy now pay later plans [1] - High consumer debt can lead to defaults, impacting the entire economy [1] Credit Card Debt - Americans owed over $1.08 trillion on credit cards as of Q1 2025, a 50% increase since 2021 [1] - The typical cardholder with a balance owes over $7,300 [1] - Over 3% of credit card balances were at least 30 days delinquent as of Q1 2025 [1] - Retail credit cards can have interest rates as high as 36% [1] Buy Now Pay Later (BNPL) - BNPL services allow consumers to pay for purchases in installments [2] - BNPL debt pile could reach $700 billion by 2028 [2] - Over 40% of BNPL users have missed at least one payment [2] - Late fees for BNPL can be up to 50% of the payment amount [2] Mortgage Debt - Americans owe $12.8 trillion on 85 million mortgages [2] - The average borrower owes just under $150,000, and the typical home price is around $510,000 [2] - Mortgage rates have climbed to around 7%, the highest in over 20 years [2] - 0.7% of mortgages are seriously delinquent (90+ days past due) [3] Student Loan Debt - Americans owe nearly $1.08 trillion in student loans [3] - The average federal borrower owes more than $38,000 [3] - Over 20% of borrowers are 90 days or more past due [3] - The Biden administration cancelled more than $180 billion in loans for select groups [3] Economic Impact - Americans spend over $560 billion a year on interest payments [3] - Americans collectively work 18 billion hours a year to service interest on debts [4] - Consumer spending makes up nearly 70% of US GDP [4]

Wealth anchor Brad Smith breaks down the latest financial news for June 11, 2025. Alger Executive Vice President and Portfolio Manager Amy Zhang discusses how to play the small and mid-cap stock trades and why she believes there are opportunities here. Food prices rose in May. Stew Leonard's CEO joins Brad to discuss how to save money on groceries this summer. Author and student loan expert Mark Kantrowitz speaks with Brad about how President Trump's "Big, Beautiful" tax and spending bill could impact stude ...

We're checking in on the consumer. New data from Vantage Score shows student loans dragging on delinquency rates. Auto loans surging past prepandemic highs.For more, we're bringing in now Silio Tavvaris, CEO and president of Vantage Score. Silio, always great to see you, especially on set. So, we are always looking as investors for lines of signing the consumer.Silio, different data, different metrics. What start big picture. What are you seeing.What do you see with the consumer based on the credit data you ...