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US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. - Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
Biden’s New Student Loan Repayment Plan Would Help Millions of Working and Middle-Class Americans 

Under the new plan, borrowers who earn less than roughly $30,600 a year would owe $0 a month on their federal student loans, effectively pausing them. A borrower who’s in a family of four and makes less than roughly $62,400 would also see their payments paused.

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. - Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
Biden Administration Makes It Easier to Discharge Student Loan Debt Through Bankruptcy

Prior to this move, student loan debt—unlike credit card bills, medical bills, and most other forms of debt—was not eligible to be automatically wiped away when a person filed for bankruptcy.

WASHINGTON, DC - AUGUST 25: Student loan borrowers stage a rally in front of The White House to celebrate President Biden cancelling student debt and to begin the fight to cancel any remaining debt on August 25, 2022 in Washington, DC. (Photo by Paul Morigi/Getty Images for We the 45m)
Here’s Where the Biden Administration’s Student Loan Relief Plan Stands

In the past week, two separate courts controlled by conservative judges have ruled against the Biden administration’s plan to cancel tens of thousands of dollars in federal student loan debt for millions of borrowers, putting that relief in jeopardy. 

Photo courtesy of 4 PM production // Shutterstock
LIST: Cities With the Most Expensive Homes in Virginia

The most expensive city on this list has a typical home value of $1,484,967—which is 294% higher than the state average.

Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. Sen. Thom Tillis, R-N.C.. right, and Sen. Mark Warner, D-Va., talk before the start of hearing where Federal Reserve Chairman Jerome Powell will present to the committee, the Monetary Policy Report on Capitol Hill, Wednesday, June 22, 2022, in Washington. (AP Photo/Manuel Balce Ceneta)
Responsible for an Ex’s Student Loans? You’ll Like This Senate-Passed Bill

Did you know that if a person was previously married to a domestic abuser, they could still be legally responsible to pay for that person’s student loan debt — even after getting a divorce? With the recent Senate passage of the Joint Consolidation Loan Separation Act, victims are one step closer to financial freedom.

Photo by Andrea Piacquadio from Pexels
Virginia’s Minimum Wage Is Now $11 an Hour—But the Path to $15 Is Uncertain

The law that approved gradually increasing the minimum hourly rate Virginia workers can earn must be re-enacted by the General Assembly. In short: Who you elect matters.

Lindsay Mummert
The Last Monthly Child Tax Credit?: The Impact the Expanded CTC Had on Virginians

This year, the expanded Child Tax Credit had a remarkable impact on families across Virginia. About 61 million children have benefitted from it.