Millions of Australians with HECS debt are set for substantial relief thanks to the Albanese government’s latest reforms. The changes include a higher repayment threshold and reduced indexation rates, providing financial relief for around three million people. The ATO has already started processing credits for eligible Australians. HECS Debt Changes: What You Need to Know…
US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024. Daniel Steinle | Bloomberg | Getty Images With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans. The U.S. Department of…
Connecticut is working to relieve the often-overwhelming burden of medical debt by enlisting a nonprofit that crunches that debt, easing costs for thousands of families. “What we do is we buy those debts for pennies on the dollar,” said Allison Sesso, president and CEO of the nonprofit, Undue Medical Debt, which negotiates a price with…
Due to a new pilot program, an estimated 150,000 residents across LA County will soon have their medical debt cleared, and thousands more will be notified in the coming month of similar news, officials announced Monday. The Los Angeles County Department of Public Health launched its Medical Debt Relief Program, an initiative aimed to eliminate…
CBS News Los Angeles Live Los Angeles County announced its $2 billion Medical Debt Relief Program aimed at helping low-income residents settle past-due bills. “The launch of this program is a critical step forward in ensuring that those receiving critical medical services do not find themselves experiencing financial harm associated with not being able to…
Topline: The Los Angeles County Department of Public Health is launching a new program that could erase your outstanding medical debt. It’s starting off with a fund of $8 million, which could cancel up to $800 million in medical bills. How it works: The county has partnered with Undue Medical Debt to lead the program,…
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The Case for Local Currency Loans: How IDA Could Help Borrowers Reduce Vulnerability to Debt Crises Center for Global Development Read the original article here
Thousands of Connecticut residents to see medical debt relief Yahoo! Voices Read the original article here
The Los Angeles County Department of Public Health has launched the Los Angeles County Medical Debt Relief Program, an initiative designed by the Medical Debt Coalition, which is working together to address the growing crisis of medical debt that disproportionately affects vulnerable communities across the county. The Medical Debt Relief Program will initially eliminate $500…