Government flags changes to HECS and placement pay – ABC News

In short: the government has received recommendations from a major review of the university sector. Proposed changes include additional financial support for low-income students, and a new method for calculating HECS repayments. What’s next? Education Minister Jason Clare said the government would respond to the recommendations “in the next couple of months”. University students could get cost…

China State Firm in Rare Move Sells Debt to Help Fund Local LGFV – Bloomberg

A state-owned firm in Chinas Guizhou province is selling bonds to help repay debt issued by a local government financing vehicle, a rare move that highlights the regions liquidity strains. Guizhou Hongyingda Construction Project Management Co., a wholly-owned subsidiary of the finance bureau of Xixiu district in Anshun city, issued a 1.8 billion yuan ($250…

'You deserve relief': President Biden wipes out another $1.2 billion in student debt for borrowers on the SAVE plan … – Yahoo Finance

You deserve relief: President Biden wipes out another $1.2 billion in student debt for borrowers on the SAVE plan House Republicans call move ‘unlawful’ Another wave of student debt relief has rolled in for nearly 153,000 borrowers in the U.S. The Biden administration announced on Wednesday it will wipe out $1.2 billion in student debt…

Education minister hints at relief on student Hecs debt and university course fee changes – The Guardian Australia

University course fees may be changed and students given more support in paying their Hecs and Help debts, as part of a proposed massive overhaul of the tertiary education system being considered by the education minister, Jason Clare. The changes may include paying some students to complete work experience as the government plans for the…

More people are seeking help for credit card debt. Here's how you can pay it off – NBC 6 South Florida

Growing credit card debt and steep interest rates are becoming a significant burden for many in our area, with a notable surge in individuals seeking assistance.  Sharice Nwankwo, who found herself with over $20,000 in credit card debt. “I was using my credit card, and after a while, I couldn’t pay the minimum payment,” Nwankwo…