In view of the strained financial situation of the Himachal Pradesh government, Principal Advisor (Innovation, Digital Technologies and Governance) to Chief Minister Sukhvinder Singh Sukhu, Gokul Butail has voluntarly decided not to draw his monthly salary of Rs 2.5 lakh until the end of the 2024-25 fiscal year. Butail will only accept an honorarium of…
Three million graduates will have their student loans reduced by an average of $1200 in next week’s budget, but not have any extra money in their pockets. However, in an unrelated move, hundreds of thousands will also be financially better off when repayment thresholds to student loans are changed on July 1. Loading… Read the…
Debt Consolidation: Personal Loans If you can’t pay off your credit card, one option could be to consolidate your high-interest credit card debt into a type of credit with a lower interest rate, such as a personal loan. However, Barton says your credit score will be a factor in what sort of interest rate you’d…
Key Points More than three million Australians have been hit with an increase to their student loan debt due to indexation. The education minister has told students the increase will drop due to forthcoming legislation. But there have been calls for the government to change indexation so it’s not applied on amounts already repaid. More…
University students are a step closer to having $3 billion of HECS debt wiped as the government moves to reform how student debt is indexed. (Source: Getty) Anthony Albanese has revealed the government’s bill to wipe $3 billion off Australia’s collective HECS debt has finally been introduced to parliament. The measure was announced prior to…
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Elon Musk’s Twitter buy: Add bankers to the list of victims Fast Company Read the original article here
For many Americans, debt is more than just a financial issue: it’s a problem with far-reaching health and social implications. Research suggests that rising debt and worries about financial security are related to heightened levels of psychological distress, which in turn leads to adverse health outcomes such as heart disease, immunosuppression, emotional exhaustion and even…
Harris, Walz lean into erasing medical debt The Hill Read the original article here
Debt expert shares ‘crucial’ step you must take if you’re struggling with payments The Mirror Read the original article here