Biden announced $4.28 billion in student-debt cancellation for 54,900 borrowers in Public Service Loan Forgiveness. The relief is a result of the Education Department’s ongoing fixes to PSLF. President-elect Donald Trump is unlikely to continue Biden’s student-debt relief efforts. President Joe Biden announced more student-loan forgiveness with one month left until he leaves the White…
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BEIJING — Just as a single decisive move can energize a chess game, China”s latest initiative to address local government debt risks marks a crucial step in revitalizing the growth prospects of the world’s second-largest economy. The move comes as China gears up to navigate economic headwinds both at home and abroad, with a supportive…
The Australian Greens have long argued tertiary students shouldn’t pay tuition charges. This means they want to see HECS – now called HELP – abolished. But following the Albanese government’s recent plans to wipe 20% off student loans, on Monday, the Greens announced they want to the cancel all student debt. This would cost the…
Fitch Ratings indicates that the Thai government’s recent debt relief proposals are unlikely to significantly impact the credit metrics of Thai banks in 2025 due to the initiative’s limited scope. While the debt relief scheme might aid borrowers with debts up to THB 890 billion (around USD 26 billion), most of these debts are already…
(Dec 19): President-elect Donald Trump said Congress should get rid of the debt ceiling, NBC News reports citing a phone interview with him on Thursday. Getting rid of the debt ceiling entirely would be the “smartest thing [Congress] could do. I would support that entirely,” Trump said according to NBC News. Uploaded by Siow Chen Ming…
This photo taken on June 19, 2024 shows the Shenzhen-Zhongshan Link in south China’s Guangdong Province. (Xinhua/Liu Dawei) by Xinhua writer Wang Yaguang BEIJING, Dec. 20 (Xinhua) — Just as a single decisive move can energize a chess game, China’s latest initiative to address local government debt risks marks a crucial step in revitalizing the…
The Somali Embassy in Washington, D.C., hired the services of the political lobbying firm BGR Group last month, just weeks after the Biden administration forgave the war-torn nation’s billion dollar plus debt. “This $1.1 billion in debt relief is in addition to the $1.2 billion of development, economic, security, and humanitarian assistance the United States…
ST. LOUIS, Mo. (First Alert 4) – The St. Louis Blues have partnered with Verizon and ForgiveCO for a $1 million debt relief program for veterans. From Thanksgiving through Christmas, the initiative will eliminate $250,000 in veteran debt weekly. “Blues fans always demonstrate strong support for the serviceman and women who live among them here…
Hakeem Jeffries not in a mood to help Mike Johnson get his ox out of the ditch, but he may have a price for doing so. Photo: Tom Williams/CQ-Roll Call/Getty Images As recently as the morning of December 18, Democrats in Congress and in the Biden administration were reasonably satisfied with a stopgap spending agreement…