Disclaimer: This is sponsored content. All opinions and views are of the advertiser, and does not reflect the same of TMJ4. Dealing with credit card debt can be challenging, but there are effective ways to manage it. Credit card debt consolidation is a popular option for those seeking to reduce their debt and make it…
House Speaker Kevin McCarthy, R-Calif., arrives at the U.S. Capitol on May 31, 2023. Sarah Silbiger | Bloomberg | Getty Images Borrowers, advocates and progressives don’t want to see the payment pause on student loans come to an end. But that is a part of the debt-ceiling deal, which could be voted on and approved…
From 1h ago The House of Representatives has started its debate ahead of the chambers final vote on the debt ceiling bill. We will be bringing you all the latest details. Senate minority leader Mitch McConnell echoed similar sentiments alongside Senate majority leader Chuck Schumer, saying that he will support the debt ceiling bill once…
WASHINGTON The Senate today narrowly voted to block congressional student debt relief in the Congressional Review Act. Invoking the CRA also threatens a promise owed to our nations public service employees through the Public Service Loan Forgiveness program. Since 2021, more than 615,000 educators and public service workers have received PSLF, equating to more than…
House Democratic leaders are preparing their members to provide votes to push a bill to suspend the debt ceiling and limit federal spending past a critical procedural hurdle Wednesday afternoon, as lawmakers work toward enacting a deal to avert a U.S. government default. Democratic leaders have telegraphed to several lawmakers in the last several hours…
Anadolu Agency | Anadolu Agency | Getty Images Federal student loan borrowers hoping for another extension of the pandemic-era payment pause received bad news in the tentative deal between Republican lawmakers and President Joe Biden to suspend the debt ceiling and avoid default. According to the legislative text of the agreement, the pause on federal…
Millions of Australians with student HECS-HELP loans will see their debt increase tomorrow when a hefty indexation is applied to the outstanding amount. Student loans are increasing by 7.1 per cent this year. (Flavio Brancaleone) How much are HECS-HELP debts rising this year? Student debt will be increased by 7.1 per cent the same figure…
WASHINGTON, May 30 (Reuters) – Top congressional Republican Kevin McCarthy on Tuesday urged members of his party to support a bipartisan deal to lift the $31.4 trillion U.S. debt ceilingand avoid a catastrophic default, ahead of a critical procedural vote. The gatekeeper House of Representatives Rules Committee is due to consider the 99-page bill beginning…
More than 3 million Australians will see their student debt rise in line with inflation tomorrow, adding more than $1,000 to the average loan and sparking warnings of a lifelong impact on borrowing capacity. Key points: The average $25,000 HECS-HELP debt will rise by $1,775 because of indexation There is more than $74.3 billion in outstanding HECS-HELP…
In 2022, the average American owed almost $102,000 and paid more than 9.5% of their disposable income on debt. That same year, American households owed approximately $17 trillion in total debt, up $2.75 trillion from 2019. Let’s face it: America has a debt problem. I believe that bad debt habits persist due to our country’s…