Professor with $230K in student debt fears payment restart without relief – Business Insider

Timothy Babulski, 44, has $230,000 in student debt, so Biden’s relief will hardly impact him. But he says payments restarting before the relief is implemented means “the majority of borrowers will be abandoned.” Biden’s student-loan forgiveness currently sits in the Supreme Court, awaiting a judgment on its legality. Loading Something is loading. Thanks for signing…

Student-debt relief doesn’t ‘go far enough’ for seniors, those with disabilities: Bowman – Business Insider

A group of Democrats introduced a bill to wipe out student debt for Medicare and Social Security Disability Insurance recipients. Rep. Jamaal Bowman said Biden’s broad debt relief “does not go far enough” to help those borrowers. Social Security benefits risk being seized if a borrower falls behind on student debt payments. Loading Something is…

Student Debt Relief Faces a ‘Thorny’ Battle in the Supreme Court, According to This Lawyer – CNET

In February, the Supreme Court is slated to make a decision on President Biden’s student debt relief plan. With the administration facing an intense uphill legal battle, millions of borrowers are left wondering what’s next. In August, the White House an… Read the full article at: https://www.cnet.com/personal-finance/loans/student-debt-relief-faces-a-thorny-battle-in-the-supreme-court-according-to-this-lawyer/

African countries trained to manage public debt using new … – Commonwealth

Senior officials from Eastern and Southern Africa have received hands-on training to manage their public debt using the Commonwealths new debt management system. The Commonwealth Secretariat facilitated the training in Mozambique from 12 to 16 December in partnership with the Macroeconomic and Financial Management Institute for Eastern and Southern Africa to equip 25 officials from…