How the student debt cut still fails students

As promised, Labor’s first act in the 48th parliament was to cut 20 per cent off all student debt. It’s a long-overdue move and undeniably welcome. Students have spent years shouting into the void about the rising cost of degrees, and this announcement suggests that some people in Canberra might finally be listening. Or, at…

Tips to help break the credit card debt cycle

(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind. “It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said. Kiernan said he’s heard countless stories from…

Student loan forgiveness tax and Trump’s ‘big beautiful bill’

Luis Alvarez | Digitalvision | Getty Images Student loan forgiveness may be taxable again The American Rescue Plan Act of 2021 made student loan forgiveness tax-free at the federal level through the end of 2025. Trump’s “big beautiful bill,” while making other specific kinds of student loan relief tax-free, did not extend or make permanent that broader provision. In theory,…