Dale Lending wants you to believe they are offering loans with APRs as low as 3.02%. They have begun flooding the market with debt consolidation and credit card relief offers. The problem is that the terms and conditions are at the very least confusing, and possibly even suspect. Do you really think you will be…
Dr. Miguel Cardona To support institutional advancement, the United States Department of Education issued $1.6 billion in debt relief for 45 historically Black colleges and universities (HBCUs). Funding was provided under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) passed in December 2020. Chosen schools are participants of the HBCU Capital Financing Program, which…
There have been plenty of rumors regarding federal student loan forgiveness, as well as several different plans that could bring this type of plan to fruition at least for some. For example, Senate Democratic Leader Chuck Schumer (D-NY) and Senator Elizabeth Warren (D-MA) have called for President Biden to forgive $50,000 in federal student loan…
FLORENCE/NEW YORK, 1 April 2021 Around 1 in 8 countries globally spends more on debt than on social services, according to a UNICEF report released today. COVID-19 and the Looming Debt Crisis notes that 25 countries globally the majority of them already burdened by poverty and deprivation spent a higher proportion of total government expenditure…
By Robbie MeredithBBC News NI Education Correspondent image captionFoyle College moved to a new state of the art campus in the city’s Waterside in 2018 A Londonderry grammar school has asked former pupils to help pay an outstanding debt of 821,000 to the Department of Education (DE). A letter, which has been seen by BBC…
St. John’s Episcopal Church took the charitable route in celebration of Lent. Church members like Dr. Don Zorn raised $28,000 dollars to pay off medical debt for Floridians. TALLAHASSEE, Fla. (WTXL) Imagine opening your mailbox to find a letter saying your medical debt has been forgiven. Thanks to St. John’s Episcopal Church and RIP Medical…
Antnio Guterres, the UN secretary-general, is right to sound the alarm, warning of a coming debt crisis for countries in the global south (Developing world faces looming debt crisis, Report, March 29). My country, Zambia, was one of the first to default on foreign debt payments last year. However, this debt crisis did not just…
Some advocates of the newly-enacted debt relief provisions for minority farmers have called it a form of reparations. But House Agriculture Committee Chairman David Scott, who is African American, strenuously objects to that characterization. He says the $4 billion just makes up for the fact that white farmers primarily benefitted from the billions of dollars…
Washington Bold new mechanisms are urgently needed to help low- and middle-income countries address crippling debt, sharply worsened by the COVID-19 pandemic, threatening vital investment to tackle poverty and climate change for years to come, the United Nations Development Programme (UNDP) says in a new report. The study, published today, echoes a call by the…
Washington Bold new mechanisms are urgently needed to help low- and middle-income countries address crippling debt, sharply worsened by the COVID-19 pandemic, threatening vital investment to tackle poverty and climate change for years to come, the United Nations Development Programme (UNDP) says in a new report. The study, published today, echoes a call by the…