Student loan debt relief should be targeted to those who need it – The Boston Globe

Advertisement The federal government should target any debt forgiveness to those who truly need it. It is important to remember that student loan borrowers are different from most Americans: Theyve gone to college. College students, as a group, earn more, are better educated, live longer, and come from more affluent backgrounds than other Americans. Those…

FCA confirms rule changes to clarify firms’ compliance with debt relief regulations – Out-Law.com

The regulations come into force on 4 May 2021 and establish protective periods, or breathing spaces under a debt respite scheme, during which creditors are prevented from carrying on certain activities in respect of breathing space debts. There is a standard, 60 day breathing space for people with problem debt and a mental health crisis…

Nobel Prize economists call for vaccine equity and debt relief – Al Jazeera English

Nobel Prize-winning economists Joseph Stiglitz and Michael Spence are spearheading calls for urgent action to help poorer countries recover from the economic ravages of the coronavirus pandemic, including measures to advance vaccine equity, debt relief, and bolstering fiscal resources for cash-strapped nations. The proposals were outlined in a new interim report released on Thursday the…