Personal Finance

Borrowers are falling further behind on student loan payments

More borrowers are failing to make payments on their student loans five years after leaving college, painting a grim picture for borrowers, according to the Federal Reserve Bank of New York. Only 37 percent of borrowers are current on their federal and private student loans and are actively paying them down, and 17 percent are in default or in delinquency.


Don’t make the same tax mistakes twice

Wednesday is the deadline for filing your 2014 tax return, but it’s never too early to start thinking about next year. There are several strategies that accountants and lawyers say taxpayers most often fail to exploit.

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