Student debts slashed for thousands of Bendigonians

MORE than 17,100 people with a student debt in the Bendigo electorate and millions more around the country will have a further 20 per cent wiped from their amount owing, equating to an average of $5755 per student or graduate in Victoria. The changes apply to HELP, VET Student Loan, Australian Apprenticeship Support Loan and…

Farber and The Local Collective Unveil Powerful Campaign Showing the Hidden Anxiety of Debt

Farber Debt Solutions, in collaboration with The Local Collective, has launched a thought-provoking new campaign, “When You’re in Debt, Everything Looks Different.” The campaign highlights the unseen emotional burden of debt by transforming everyday objects—like remote controls, toasters, and light switches—into symbols of financial stress. Through striking visuals featuring tap-to-pay icons on common household items,…

Trump order restricts PSLF eligibility for certain nonprofits

In his latest executive action, President Donald Trump directed the Education Department to limit eligibility for the Public Service Loan Forgiveness program. The order, issued late Friday evening, would require the Education Department to go through a complex and lengthy process known as negotiated rule making, so the directive doesn’t change anything immediately. And Education…

Trump orders denial of student loan relief for nonprofit workers engaged in ‘improper’ activity

WASHINGTON (AP) — President Donald Trump is ordering changes to the Public Service Loan Forgiveness program that would disqualify workers of nonprofit groups deemed to have engaged in “improper” activities. An executive order signed Friday directs the Education Department to modify the program to deny loan relief to some borrowers. It would exclude loan forgiveness to people…

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International Debt Management Conference, 14th session

Penelope Hawkins is a senior economist, policy researcher and adviser at UN Trade and Development (UNCTAD) Previusly, as founder and managing director of Feasibility (Pty) Ltd, she has undertaken some of the leading research projects in the financial sector in Southern Africa, commissioned by regulators, policymakers, and the private sector. She researches and engages with…