The purpose of income-driven repayment plans for student loans is in the name: Give borrowers affordable monthly payments based on the income they're bringing home, with the promise of loan forgiveness after about 20 years.
The perceived threat of Chinese spying through the popular social media app TikTok has leaders in both parties sounding the alarm and urging a federal response.
Higher interest rates and very high home prices dragged down demand for mortgages for the third straight week, data from the Mortgage Bankers Association indicated Wednesday.