Kate Wood is a mortgages and student loans writer and spokesperson who joined NerdWallet in 2019. With an educational background in sociology, Kate feels strongly about issues like inequality in homeownership and higher education, and relishes any opportunity to demystify government programs. Prior to joining NerdWallet, she wrote about home remodeling, decor and maintenance for This Old House magazine.
An error identified in the revised Free Application for Federal Student Aid (FAFSA) process led to difficulties for students trying to apply. Kate Wood, a writer at NerdWallet, joins CBS News with the snag's effect on student wallets.
CNBC: The first step to coming clean with your partner about your debt is to be kind with yourself, said NerdWallet loans expert Kate Wood. “This wasn’t you going on an ill-advised spree with a credit card — you were funding your education,” Wood said. “By dealing with the debt — and being open about it — you’re taking responsibility. These aren’t red flags.”
Newsweek: "Though this new plan uses a different legal underpinning than the student loan forgiveness struck down by the Supreme Court, there may still be legal challenges," Kate Wood, a lending expert at NerdWallet, said in a note shared with Newsweek. "If enacted, these programs would not begin rolling out until the fall, and their effects wouldn't reach most eligible borrowers until next year."