Tuesday’s need-to-know money news

Today’s top story: Federal student loan interest rates to increase July 1st. Also in the news: What it would take to solve the student debt crisis, 4 tips for small business owners paying down pandemic debt, and how to be a better long-distance caregiver.

Federal Student Loan Interest Rates to Increase July 1
Rates will rise to 3.73% for the 2021-22 academic year after the historic low of 2.75% for the past year.

What Would It Take to Solve the Student Debt Crisis?
It’ll take more than debt forgiveness.

4 Tips for Small-Business Owners Paying Down Pandemic Debt
Paying down pandemic debt can help business owners rebuild and reinvest in their companies.

How to Be a Better Long-Distance Caregiver
Get the most out of technology, local helpers and available benefits when caring for a loved one from afar.

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