Abolish debt now: Students at Hunter College in New York City demonstrate against tuition and ballooning debt, November 13, 2015. (Cem Ozdel / Anadolu Agency / Getty Images) Subscribe to The Nation Subscribe now for as little as $2 a month! Subscribe to The Nation Subscribe now for as little as $2 a month! Subscribe…
As 2020 comes to a close, it is clear that the year will be marked by a series of somber statistics. More than 300,000 Americans have died due to Covid-19. There are still 10 million fewer U.S. jobs than before the coronavirus pandemic began And as college students across the country pivoted between on-campus and…
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The United States on Monday reinstated Sudan’s sovereign immunity, as the U.S. Congress passed legislation formalizing the move, following the ending of Sudan’s designation as a state sponsor of terrorism. However, the legislation includes an exemption allowing lawsuits by the families of victims of the Sept. 11, 2001, attacks on the United States already underway…
By Nafisa Eltahir, Humeyra Pamuk 4 Min Read CAIRO/WASHINGTON (Reuters) – The United States on Monday reinstated Sudans sovereign immunity, as the U.S. Congress passed legislation formalizing the move, following the ending of Sudans designation as a state sponsor of terrorism. However, the legislation includes an exemption allowing lawsuits by the families of victims of…
Financial Rights Legal Centre The Financial Rights Legal Centre and Mob Strong Debt Help are urging consumers to be careful if taking out loans or using buy now, pay later services (BNPL) to keep up with Christmas expenses. Financial Rights Legal Centre Chief Executive Officer Karen Cox while these options may seem like an easier…
People should be careful to avoid a Christmas debt hangover, financial counsellors have warned, despite Australians reducing their credit card bills amid the uncertainty of 2020. Key points: Credit card balances decreased by $11.7 billion this year Buy-now, pay-later services continue to increase in popularity Financial counsellors typically see an increase in calls for help…
Pakistan has secured a US$1.7 billion debt relief agreement to help offset the financial headwinds sparked by the coronavirus pandemic, officials said Monday. The deal, following months of negotiations with creditors, will provide a moratorium on debt payments for large swathes of the current fiscal year and help ease the cash-strapped countrys massive financial obligations.…
Text size Ty Wright/Bloomberg The national debate around student loan forgiveness has shifted into high gear. Last month, Sen. Chuck Schumer called for the elimination of up to $50,000 of student loan debt, joining a chorus of activists for debt forgiveness. Not to be outdone, Secretary of Education Betsy Devos just extended a pandemic-inspired moratorium…
December 21, 2020 | : Several of Congresswoman Alma Adams (NC-12) equity-oriented higher education priorities are included in the FY21 Omnibus spending deal, including her bill, The HBCU Capital Finance Debt Relief Act, which cancels over $1.3 billion in debt held by historically Black colleges and universities (HBCUs). According to Adams office, the bill also…