the policy fixes that could help

Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls,…

CMS Approves North Carolina’s Plan to Use Medicaid Funds for Medical Debt Relief for North Carolinians | King & Spalding

On July 26, 2024, CMS approved the plan of North Carolina Governor Roy Cooper and the North Carolina Department of Health and Human Services (NCDHHS) to use North Carolina’s Medicaid program to increase reimbursements to hospitals that forgive medical debts. The program would relieve as much as $4 billion in existing medical debt for families…

Debt Management Qualification Introduced By MoneyPlus

Consumer debt advice organization MoneyPlus has teamed up with NTI Insolvency Training to launch a pioneering PIP qualification aimed at elevating customer service standards and enhancing staff retention within the UK’s debt management sector. This new qualification will be mandatory for all customer-facing employees at MoneyPlus, which employs over 170 staff members. The initiative is…

How some states help residents avoid costly debt during hard times

State variation in maximum UI benefits, average across states during Q2 2020–Q4 2021. Credit: Nature Human Behaviour (2024). DOI: 10.1038/s41562-024-01922-8 A new national study provides the best evidence to date that generous unemployment insurance benefits during the COVID-19 pandemic helped reduce reliance on high-cost credit use. Researchers found that lower-income residents of states with more…

Loan forgiveness student loans,Unlocking Student Debt Relief How to Get Your Loans Forgiven Through State Programs

Loan forgiveness student loans : Loan forgiveness student loans As the federal government grapples with the complexities of student debt forgiveness, many borrowers are turning their attention to state-level relief programs. Experts suggest that exploring these options can be a smart move, particularly for those in fields like healthcare, where many generous programs exist. Why…