Harvey declaring financial distress under $164M debt

Harvey is seeking state aid under Illinois’ Financially Distressed City Law, but without pension reform, state oversight offers little hope to fix its $164M crisis. Last week, the city of Harvey unanimously approved the first step toward seeking state aid under Illinois’ Financially Distressed City Law. This decision comes after years of financial distress…

DAR grants land titles, debt relief to NorMin farmers

MANILA – Close to 6,000 farmers across Northern Mindanao are set to receive their long-awaited land titles and debt condonation certificates on Wednesday as the Department of Agrarian Reform (DAR) marks another major step toward full land ownership and financial independence for agrarian reform beneficiaries (ARBs) in the province. In a news release Tuesday, DAR…

Here’s what Donald Trump’s new agreement means for borrowers waiting for debt relief

The Trump administration has agreed to restore federal student loan forgiveness programs, bringing long-awaited relief for millions of borrowers. The decision follows a legal settlement with the American Federation of Teachers (AFT), which accused the administration of blocking access to repayment and forgiveness programs. Under the agreement filed on Friday, the Department of Education will…