As the U.S. Congress scrambled to come up with a spending bill to avoid a government shutdown, U.S. president-elect Donald Trump shocked many lawmakers by demanding that any such bill must also increase the country’s debt ceiling. He insisted that any deal must include that provision for the debt ceiling, the legislative limit on the amount of national debt the country…
Paying off student loans can seem like an impossible task, especially when high interest rates mean loan amounts keep increasing. But student loan relief can provide a lifeline for borrowers in need. Learn More: I’m a Retirement Planner: 7 Ways I Am Guiding Clients Now That Trump Won Discover More: How To Financially Plan for…
Australia to slash $10 billion off student debt amid cost of living pressures Reuters Read the original article here
Interestingly, some banks could potentially emerge as net beneficiaries if they receive subsidies for previously provisioned loans. Compared with the extensive borrower-relief measures implemented during the Covid-19 pandemic, this scheme’s modest scope may have limited effectiveness in addressing Thailand’s substantial household debt, which stood at 90% of GDP as of June. The continuation…
DG DMO, Patience Oniha, at the Debt Management Forum for Africa (DeMFA) in Abuja on December 17, 2024 Debt Management Office Nigeria Read the original article here
Topline The Biden administration announced Friday about 55,000 student loan borrowers will have their debts forgiven, totaling nearly $4.3 billion in relief, marking the latest wave of student loan forgiveness under a program intended to benefit public service workers. The Biden administration estimates about $180 billion in student loan debt has been forgiven for ……
Biden Withdraws Proposed Regulations on Student Loans and Trans Athletes The New York Times Read the original article here
WASHINGTON — President Joe Biden’s administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers. The announcement brings the total loan forgiveness by the Biden administration to “approximately $180 billion for nearly 5 million Americans,” according to a fact sheet from the Department of Education. The forgiveness…
President Joe Biden canceled student debt for 55,000 public service workers. Author: wcnc.com Published: 6:28 PM EST December 20, 2024 Updated: 6:28 PM EST December 20, 2024 Read the original article here
Washington — The House voted Friday to avoid a prolonged government shutdown and approve tens of billions of dollars in disaster relief, with a bipartisan coalition embracing an agreement a few hours before a midnight deadline to extend funding. The legislation passed by a vote of 366 in favor to 34 against and one member…