AG announces $12 Million in debt relief in multi-state settlement – Xenia Gazette

COLUMBUS Ohio Attorney General Mike DeWine today announced a multistate settlement with Career Education Corporation, a for-profit college provider that operated several schools, including Sanford-Brown, Le Cordon Bleu, and International Academy of Design & Technology. As part of the agreement, the company is expected to forgo collecting nearly $493.7 million in debts owed…

How Universal Credit perpetuates the false equation between public and private debt – The Conversation – UK

The full roll out of Universal Credit, the governments plan to collapse six welfare benefits into one, was delayed in early January. This followed mounting concerns by MPs and months of trenchant criticism of its design, including from the UNs special rapporteur on extreme poverty and human rights. These criticisms are warranted and important. Yet…

Finder.com.au reveals Australias $30 billion Christmas shopping debt – NEWS.com.au

For the first time in our history, Australians have tallied up a staggering collective credit card debt of almost $30billion. The terrifying statistic was the result of frenzied Christmas shopping meaning many Aussie households are heading into 2019 with a financial hangover. According to a new forecast of Reserve Bank of Australia (RBA) data analysed…