CHICAGO–(BUSINESS WIRE)–Fitch Ratings believes Dell Inc.’s (Dell) sale of its information technology services (Services) business to NTT Data Corp. for more than $3 billion will help reduce approximately $50 billion of debt incurred to finance Dell’s $67 billion acquisition of EMC Corp. (EMC) announced Oct. 13, 2015. Fitch’s ‘BB’ long-term Issuer Default Ratings (IDRs) for…
More than 2,000 students who were victimized by Corinthian Colleges in Massachusetts are eligible to have their federal loans forgiven, Attorney General Maura Healey announced today at an event with U.S. Secretary of Education John B. King. According to the U.S. Department of Education, students who were defrauded at 91 former Corinthian campuses nationwide…
Elite universities aren?t necessarily the best option for postgraduate students, according to the Grattan Institute?s Andrew Norton. University students may have to start paying back their HELP debt sooner. UNIVERSITY graduates may have to start paying their loans back sooner after a report revealed many students will never earn an income high enough to repay…
A new report says slashing the income threshold at which student debts need to be repaid could raise $500 million in a year. The Grattan Institute report recommends reducing the repayment threshold from $54,126 to $42,000 to help reign in rising student loan debts under the current Higher Education Loan Plan (HELP). Grattan Institute…
Prudential Retirement on Monday said it is helping its clients employees pay down student loan debt while also building a retirement nest egg, rather than prioritizing one goal over the other. Prudential Retirement Insurance and Annuity Co. has teamed with Student Loan Genius to enable employers to reward employees for paying off their student loan…
Updated March 27, 2016 10:06 p.m. ET More young workers are getting help paying off their student loans from an unlikely source: their employers. By making student-loan payments part of a benefits package, a handful of companies are betting the perk will be a good recruiting and retention tool, considering the bulk of bachelors degree…
The U.S. Department of Education says that at an event scheduled for today in Boston with Massachusetts Attorney General Maura Healey, Secretary of Education John B. King Jr. will announce that students who attended 91 former Corinthian Colleges campuses nationwide between 2010 and 2014 “have a clear path to loan forgiveness under evidence uncovered by the Department while working…
People struggling with unmanageable finances will be able to get free debt help as a new home service will be opening in Matlock. Christians Against Poverty, CAP, will be launching its debt centre to help those with money worries. Centre manager Jackie Hughes, from Church in the Peak in the Town, said: The Church has…
People struggling with unmanageable finances will be able to get free debt help as a new home service will be operating in Belper next month. Christians Against Poverty, CAP, will be launching its debt centre on Friday, April 15. Centre manager Riaan Van Wyk, from Belper Community Church, said: I believe there is a real…
BEDFORD COUNTY (WSLS10) The Smith Mountain Lake YMCA is holding a first of its kind ultra 50K race along the lakes dam. Money raised will go toward eliminating hundreds of thousands of dollars the facility accrued in debt. Some area residents told us Smith Mountain Lake attracts both those looking for rest and an adrenaline…