Student-debt cancellation coming for public servants, Biden administration says – MarketWatch
Student-debt cancellation coming for public servants, Biden administration says MarketWatch Read the original article here
Biden forgives $4.28 billion in student debt for 54,900 PSLF borrowers
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, U.S. December 10, 2024. Kevin Lamarque | Reuters The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service. The relief is a result of fixes…
Biden, in likely last round of student debt forgiveness before leaving office, cancels $4.28 billion worth for 55,000 workers
Washington — The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness. The Education Department’s announcement Friday targets teachers, nurses, service members, law enforcement officials and others who’ve reached eligibility through the program, which promises to erase loans after 10 years of work…
Which B.C. companies buckled under 2024 insolvency wave?
Inflation, elevated interest rates, market disruptions drove business failures in key sectors The year 2024 was a difficult one for many B.C. businesses, with a number of insolvencies occurring in a variety of sectors. Nationally, business insolvencies for the 12‑month period ending Oct. 31 increased by 41.7 per cent year to year, according to the…