Reducing bad debts in student loans will save $2b: Simon Birmingham – The Australian Financial Review

As the Turnbull government readies for a Senate battle over university funding reforms, Education Minister Simon Birmingham claimed changes to HELP student loans contained in the package will effectively save over $2 billion, above and beyond the savings already accounted for in the federal budget. Legislation for the higher education funding changes, which will improve…

Loans from mum and dad lead to greater strain – says RBA – The Sydney Morning Herald

Australians who get loans from their parents to buy their first property are twice as likely to later encounter financial stress, ask for help from friends and struggle to pay their power bills. In research released on Monday, the Reserve Bank’s economic research department  used figures from the Household, Income and Labour Dynamics (HILDA) survey of 17,000 Australians to…

Girl, 6, Opens Lemonade Stand to Help Pay Off Her Classmates’ Lunch Debt – Inside Edition

Headlines by Johanna Li 2:27 PM EDT, September 10, 2017 Playing Girl, 6, Opens Lemonade Stand to Help Pay Off Her Classmates’ Lunch Debt Selling lemonade was more than just a summer hobby for this Idaho 6-year-old when she donated all the… Read the full article at: http://www.insideedition.com/headlines/25407-girl-6-opens-lemonade-stand-to-help-pay-off-her-classmates-lunch-debt

Girl, 6, Opens Lemonade Stand to Help Pay Off Her Classmates’ Lunch Debt – WSLS

Selling lemonade was more than just a summer hobby for this Idaho 6-year-old when she donated all the earnings paying off her classmates lunch debt. Read: 8-Year-Old Starts Lemonade Stand as Part of Therapy After Brain Surgery Amiah Van Hill, a second-grader at Hayden Meadows Elementary School, told InsideEdition.com she was inspired to do something for…

IMF Refuses Debt-Relief For Hurricane-Devastated Barbuda – Mintpress News (blog)

Facing devastation difficult to overstate, Hurricane Irma-battered Barbuda lost more than 90 percent of its structures in a record-breaking storm that will require an estimated $150 million in reconstruction and recovery. It also has to repay a $3 million debt to the International Monetary Fund, whose special representative to the United Nations Christopher Lane resisted…

IMF Refuses Debt-Relief For Hurricane-Devastated Barbuda – Mintpress News (blog)

Facing devastation difficult to overstate, Hurricane Irma-battered Barbuda lost more than 90 percent of its structures in a record-breaking storm that will require an estimated $150 million in reconstruction and recovery. It also has to repay a $3 million debt to the International Monetary Fund, whose special representative to the United Nations Christopher Lane resisted…