Australian student loan reforms likely to be retrospective

Legislation to overhaul Australia’s student loans scheme is likely to be introduced retrospectively, with the government facing a challenging timetable to implement its changes. Times Higher Education understands that the government intends to introduce legislation giving effect to the two major components of the reforms – new repayment arrangements, and a 20 per cent debt wipe-down – simultaneously, and possibly in the same bill. Prime…

Forecasted business insolvencies in Europe 2025

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Monday Starter: Advocates urge Biden to support debt relief measure

More than 60 Catholic groups and individuals — including sister-supported organizations and congregations — have signed a letter urging President Joseph Biden to support an initiative promoting debt relief for low- and middle-income countries. Biden leaves office Jan. 20. The letter — whose signatories include the Sisters of Mercy; the Maryknoll Office for Global Concerns; Pax Christi…