Student Debt News Today, Nov 22: New Rule Sparks Lawsuits and Concerns

On November 22, a new U.S. Department of Education regulation was announced, causing a stir within student-loan-reliant communities in Australia. This regulation significantly limits eligibility for student debt relief, aligning with some agendas seen during the Trump administration. Various advocacy groups have reacted by filing lawsuits, highlighting the tension surrounding this much-debated topic. Public service…

G20 Declaration Backs Critical Minerals & Debt Relief

Leaders from the G20 group of top economies endorsed on Saturday a declaration at a summit in South Africa that highlights issues related to access to critical minerals and measures to cope with climate change. South Africa chose “Solidarity, Equality, Sustainability” as the theme of its presidency of the G20, which comprises 19 countries and…

G20 draft summit wthout US, Focus on climate and debt relief

South Africa, hosting the G20 summit, announced strong consensus on a leaders’ declaration despite the United States boycotting the talks. The draft, prepared without U.S. input, includes references to climate change, green energy transition, and debt relief for developing countries. While the U.S. opposed mentioning climate issues, other members backed South Africa’s agenda. Analysts suggest…