Who doesn't love a good tax-free bargain? In this Stretching Your Dollar segment, we're providing some useful tips on navigating tax-free holidays. Nick Wolny, senior editor at CNET Money, joined Cheddar News to break down the purpose of these holidays and how to stay on budget and avoid impulse buying.

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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