With the student debt crisis spiraling out of control, some media outlets have called it a “national emergency.” Outpacing most other borrowings by consumers, Americans who owed federal student loans ...

UPDATE: This story includes quotes from Citizens' earnings call and from an interview with CEO Bruce Van Saun. Citizens Financial Group has reached a deal to sell about $1.9 billion of student loans, ...

President Joe Biden’s illegal student loan “forgiveness” is exorbitant, costing taxpayers another $1.2 billion in just the past few weeks. In sum, it is likely to be the most expensive set of ...

Student loan delinquencies are poised to hit record highs, and more than 9 million borrowers could see their credit scores tank in the first quarter of this year, according to new data released ...

Federal student loan borrowers are struggling so much to pay their loan bills that it’s beginning to have an impact on the average credit score for the entire country. The national average credit ...

Bank of America Corp (NYSE:BAC) reported second-quarter fiscal 2025 net income of $7.1 billion (versus $6.9 billion a year ago) and EPS of $0.89, beating the analyst consensus estimate of $0.87.

Bank of America BAC reported solid numbers in the second quarter with earnings of $0.89 per share, equating to a return on tangible equity of 13.4%, powered by loan growth and higher net interest ...