Failing students could lose financial help – Great Lakes Advocate

University students who flunk half of their first-year subjects could lose financial support under a federal government proposal to curb soaring debts. The government is targeting students who amass debts by over-enrolling in subjects, sometimes at multiple institutions. Universities will have to make greater efforts to assess academic suitability for selected courses and monitor students’…

Jim Chalmers says two-thirds of the debt in the budget was borrowed before the start of the pandemic. Is he correct? – ABC News

The claim Both the Coalition and Labor have in the past argued that paying off Commonwealth debt is a benchmark of economic success in Australian politics. But Treasurer Josh Frydenberg recently warned Australians that his July budget update was going to contain “eye watering numbers around debt and deficit”, saying: “The coronavirus has required the…

No HELP: Uni students who fail half their subjects to lose taxpayer support – Sydney Morning Herald

Under the overhaul, a student who fails half of their first eight subjects in a degree will lose access to a government-subsidised place and HELP loans. However, higher education providers will have discretion to maintain the students’ access to funding if they can demonstrate their performance was affected by exceptional circumstances. The Department of Education,…

Opinion | Cambodian microfinance borrowers urgently need debt relief – The Brussels Times

This is an opinion article by an external contributor. The views belong to the writer. https://www.movetocambodia.com/about-cambodia/currency/ Measures announced by Cambodiasbanks and microfinance lenders to help clients who are unable to repay because of COVID-19 are grossly inadequate. Debt relief, the only realistic way to help these stricken borrowers, is now essential. This is the only…

Quisitive Announces Debt Consolidation – Canada NewsWire

TORONTO, Aug. 10, 2020 /CNW/ — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company“) (TSXV: QUIS), a premier Microsoft solutions provider that helps customers navigate the ever-changing climate that their business relies upon, is pleased to announce the successful completion of its debt consolidation initiatives pursuant to the terms of a loan agreement entered into…

Trump order gives 35 million student loan borrowers a break until 2021. What we know so far – CNBC

President Donald Trump signs executive orders extending coronavirus economic relief in Bedminster, New Jersey, on Aug. 8. JIM WATSON | AFP | Getty Images Trump’s executive order has already been called unconstitutional, and higher-education expert Mark Kantrowitz said he believes the president doesn’t have the legal authority to implement a payment pause and interest waiver…