HENRYs with kids say 6-figure salaries just aren't cutting it
"You're paying for your past while also trying to save for your future," Max Heninger, a HENRY parent with student debt, said.
Ayelet Sheffey
Senior Economic Policy Reporter
A HENRY aiming to save $100,000 for his kids' futures hasn't had to contribute any of his income — because he lives in Alaska
Cimarron Beckstead puts Alaska's oil dividend checks directly into his kids' 529 savings accounts. He hasn't had to put any of his own money aside.
Trump voters with student loans are having 'buyer's remorse' over his latest debt collection moves
"I just wish there was more thought put into it," Tracy Davis, who voted for Donald Trump, said of the president's actions on student debt.
Major student-loan repayment changes are one step closer for parents, grad students, and millions more borrowers
The Senate's version of Trump's big spending bill doubles down on condensing income-driven repayment plans and places caps on some student loans.
Millions of student-loan borrowers are getting a 'financial scarlet letter' that could risk their home purchases and job prospects, Elizabeth Warren says
Trump's spending bill and his collections restart for defaulted student loans will push "millions more over a financial cliff," Elizabeth Warren said.
Americans are questioning the value of a college degree. Trump is joining the debate.
Trump suggested that federal funding for Harvard should be redirected to trade schools, an investment that he said is "so badly needed."
We finally got a detailed look at how America's businesses are managing through Trump's tariff whiplash
Small business owners told BI that Trump's trade policy is hurting them. Two new reports from the Federal Reserve shed more light on that issue.
The new 'one-room schoolhouse': Millions of kids are joining America's microschool movement
During the pandemic, a growing number of parents wanted an alternative to the traditional public school. That's where microschools come in.
Trump pauses plan to cut thousands of student-loan borrowers' Social Security checks
"The Trump Administration is committed to protecting social security recipients who oftentimes rely on a fixed income," a spokesperson told BI.
Thousands of student-loan borrowers are at risk of losing a portion of their Social Security checks starting this month
Garnishment of federal benefits, such as Social Security, is beginning in June and could impact thousands of defaulted student-loan borrowers.
Macy's, Walmart, Shein, and other major brands that say Trump's tariffs are pushing them to raise prices
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.
DOGE's '5 things' emails are dying a slow, quiet death
Some federal agencies have gotten rid of the weekly "5 things" emails — once a DOGE staple.
A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck
"There will be no retirement. I'll die on the job," James Southern, 63, told BI. He doesn't see an end in sight to his student-loan payments.
How Trump's 'one big beautiful bill' would impact Medicaid, student loan forgiveness, your taxes, and more
The bill, which Republicans will be working to pass over the next several weeks, is the centerpiece of Trump's legislative agenda.
A judge blocks Trump's plans to abolish the Department of Education, fire workers, and transfer student loans
A federal judge blocked Trump's executive order to shut down the Department of Education and ordered fired workers to be reinstated.
4 ways Trump's 'big beautiful' tax bill could impact your wallet
From an increase in the child tax credit to a repeal of student loan forgiveness, here's how Trump's "big beautiful bill" could affect you.
Nearly 2 million student-loan borrowers are still waiting to learn if they'll get affordable monthly payments
The Department of Education told BI that it hopes to clear the backlog of income-driven repayment applications "over the next few months."
Student-loan debt followed them into retirement. Now it threatens their Social Security checks.
Retirees in or near student-loan default face garnished Social Security funds. Even those who support Trump's debt-collecting efforts are worried.
3 options for student-loan borrowers in default to protect their wages and Social Security
Millions of student-loan borrowers in default are at risk of wage garnishment this summer if they don't make payment plans.
When do tariffs actually kick in? Here's where all of Trump's trade plans stand.
It's hard to keep track of when tariffs start; some are already here, and President Donald Trump has floated more.