Articles by Sarah Ewall-Wice


Student Debt Student Loan

cbsnews.com May 17, 2022

It's about to get more expensive to take out federal student loans — here's why
Sarah Ewall-Wice

That's because the interest rates on federal student loans are set to go up on July 1. The Biden administration has extended the federal student loan payment pause, which fixes interest rates at 0% through at least August 31. But the federal student loan fixed interest rates are by law based on the . . .

keywords: loan, rates, students, borrowers, debt, federal, interest, expensive, loans, student, heres, canceling

cbsnews.com May 10, 2022

Eliminating abortion access would have a damaging effect on the economy, Yellen says
Sarah Ewall-Wice

Treasury Secretary Janet Yellen made the economic case for keeping abortion access available in the U.S., as the Supreme Court prepares to release its decision on a Mississippi abortion case that could overturn the landmark decision in Roe v Wade that protects women's right to an abortion. Yellen ar . . .

keywords: v, yellen, effect, decision, women, wade, economy, access, child, care, children, abortion, eliminating, damaging

cbsnews.com May 04, 2022

Fed moves to raise interest rate by half a percentage point at May meeting
Sarah Ewall-Wice

As soaring prices strain families' wallets across the country, Fed officials moved more aggressively in an effort to combat inflation on Wednesday with a .5% interest rate hike. In March, the central bank announced its first interest rate hike since 2018 – but only raised it by 25 basis points amid . . .

keywords: rates, rate, hike, interest, inflation, point, fed, federal, meeting, rising, reserve, percentage, moves, raised, raise, half

Roe v. Wade Kamala Harris Abortion

cbsnews.com May 03, 2022

Harris, one day after draft abortion opinion, says "women's rights are under attack"
Sarah Ewall-Wice

"Roe v. Wade in its power has protected a woman's right, her right, to make decisions about her own body for nearly half a century," the vice president said. "If the court overturns Roe v. Wade, it will be a direct assault on freedom, on the fundamental right of self-determination to which we are al . . .

keywords: womens, v, rights, day, country, room, attack, wade, draft, roe, harris, dare, abortion, opinion

Supreme Court of the United States Roe v. Wade

cbsnews.com May 03, 2022

Which states would restrict or protect abortion rights if Roe v. Wade is struck down?
Sarah Ewall-Wice

Overturning Roe, and a 1992 case that reaffirmed its ruling, would allow states to determine their own abortion restrictions or protections. Democratic-led states, meanwhile, have acted to protect abortion rights. An analysis by the Guttmacher Institute, a research organization that supports abortio . . .

keywords: v, struck, law, decision, restrict, wade, state, roe, protect, supreme, court, abortion, states, rights, laws

Student Debt Student Loan

cbsnews.com Apr 21, 2022

New study details who would benefit most from different forms of student loan relief
Sarah Ewall-Wice

Millions of Americans would benefit if federal student loan debt were canceled. This comes as the Biden administration earlier this month extended the pause on federal student loan payments through August 31. "So we're trying to provide support for all borrowers while also looking for ways to provid . . .

keywords: details, student, forms, federal, benefit, different, relief, debt, loan, cancellation, repayment, forgiveness, study, borrowers, administration

Student Debt Student Loan

cbsnews.com Apr 21, 2022

Who benefits from student loan relief? Here's how different measures would help
Sarah Ewall-Wice

Millions of Americans would benefit if federal student loan debt were canceled. This comes as the Biden administration earlier this month extended the pause on federal student loan payments through August 31. "So we're trying to provide support for all borrowers while also looking for ways to provid . . .

keywords: student, federal, cancellation, different, relief, debt, loan, help, measures, heres, repayment, forgiveness, borrowers, benefits, administration

jerome powell Inflation Federal Reserve

cbsnews.com Apr 21, 2022

Fed looks to hike interest rates half a point as inflation soars
Sarah Ewall-Wice

The Central Bank may increase the federal funds rate by .5% at the meeting in May as inflation soars, Federal Reserve Chairman Jerome Powell signaled Thursday. He noted the strong labor market, and said the U.S. will have another very strong year of growth. "The big issue that we're very focused on . . .

keywords: fed, strong, interest, hike, point, going, noted, soars, inflation, points, powell, meeting, looks, rates, half, getting, month

Student Debt Student Loan

cbsnews.com Apr 20, 2022

Millennials, Gen Z are putting off major financial decisions because of student loans, study finds
Sarah Ewall-Wice

Student loan debt has forced many younger Americans to hold off on other major financial decisions, a new study finds. It has ballooned in the past two decades with Americans holding more than $1.7 trillion in student loan debt, including more than 43 million Americans with $1.6 trillion in federal . . .

keywords: student, delayed, z, loans, gen, putting, saving, higher, debt, loan, school, finds, financial, study, millennials, major, education

Student Loan

cbsnews.com Apr 19, 2022

Changes to student loan programs could bring millions closer to getting out of debt, Education Department says
Sarah Ewall-Wice

The Education Department announced fixes on Tuesday to multiple student loan programs, giving thousands of borrowers immediate relief from student loan debt and bringing millions more years closer to having their student loans forgiven. It comes as the Biden administration continues to examine cance . . .

keywords: student, incomedriven, payments, debt, loan, millions, repayment, programs, borrowers, department, changes, forgiveness, education, getting, closer