COLUMBUS, Ohio – A new national study provides the best evidence to date that generous unemployment insurance benefits during the COVID-19 pandemic helped reduce reliance on high-cost credit use. Researchers found that lower-income residents of states with more generous benefits were significantly less likely than those living in less-generous states to take out new…
The Australian Taxation Office received “clear advice” from the government’s chief legal adviser before launching a campaign to resurrect historical debts that caused widespread confusion and distress. Meanwhile, the federal government has distanced itself from the tax initiative, arguing that decisions and processes related to the debts were a matter for the ATO. A recent…
Changes to student debt — which could save the average graduate $1,200 a year — have moved a step closer. The bill was introduced to parliament on Thursday but has been referred to an inquiry, scheduled to report back on 30 September. That means the legislation will not return to parliament until October at the…
Student loan debt is front of mind for one Chicago attorney Chicago Tribune Read the original article here
Hong Kong | Officials from some of China’s most indebted provinces and cities have met leading state bankers in Beijing in recent days as they step up efforts to renegotiate debt payments on billions of dollars in liabilities that threaten to constrain growth in the world’s second-biggest economy. China’s local governments accumulated enormous liabilities over…
On 1 June last year, indexation was applied on my then HECS-HELP debt of $87,722 at 7.10 per cent. This resulted in a $6,228 debit being applied to my HECS-HELP account. If the same indexation rate is applied this financial year, my HECS-HELP debt will increase again, to $94,863. HELP indeed! I’m not the only…
Students and recent graduates saddled with ballooning debts and those partaking in placements for subjects like teaching and nursing are in line for relief in the upcoming federal budget. Speaking to reporters in Canberra, Treasurer Jim Chalmers hinted at measures designed to ease education costs at a time of heightened inflationary pressures. “Whether HECS relief,…
We’re crying out for HELP: Student debt to be indexed by 4.8 percent Woroni Read the original article here
A cash advance app can help you out if you’re in a pinch, such as for an unexpected car repair to pay for, or if you’ve got a time-sensitive opportunity that can’t wait until payday. There are many cash advance apps to choose from, all with varying features. Why trust Fortune Recommends Our editors are…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…