Some debt-ridden NRL players have found themselves in so deep that they owe more money in gambling repayments than their massive contracts are worth, the head of the NRL match fixing probe says. And although Strike Force Nuralda failed to uncover any truth to match rigging allegations relating to four NRL games in 2015 and…
Some debt-ridden NRL players have found themselves in so deep that they owe more money in gambling repayments than their massive contracts are worth, the head of the NRL match fixing probe says. And although Strike Force Nuralda failed to uncover any truth to match rigging allegations relating to four NRL games in 2015 and…
The good news about student loans is that they allow millions of people to earn college degrees who otherwise wouldnt be able to afford them. The bad news is that college graduates enter the workforce deeply mired in debt that deflates their net worth and keeps them cash-strapped for years, if not decades. The current…
At least $95 million was deceptively obtained from American consumers by scam-artist student loan debt relief groups over the past couple years, according to crackdown results revealed by the Federal Trade Commission. Zephyr Picture, Getty Images In the first-ever coordinated federal-state initiative targeting deceptive practices aimed toward those struggling to repay college loans, 36 actions…
One of Vice President Mike Pences closest allies advised a cadre of student debt relief companies some of which are facing an unprecedented nationwide crackdown for preying on vulnerable borrowers on how to lobby Washington and fend off regulators. Marty Obst, a longtime adviser to Pence and operative closely aligned with Trumps outside political operation,…
Connecticut cities seeking state assistance with debt payments would be prohibited from filing for bankruptcy. Under the latest state budget proposal, municipal leaders can apply to have the state pick up a portion of their annual debt payments, a move that is being considered in the cash-strapped capital city. In a new draft of legislation…
The good news about student loans is that they allow millions of people to earn college degrees who otherwise wouldnt be able to afford them. The bad news is that college graduates enter the workforce deeply mired in debt that deflates their net worth and keeps them cash-strapped for years, if not decades. The current…
Government debt could increase by more than 50%, or by R1.2 trillion, to danger levels over the four fiscal years ending March 2021 and if this comes to bear it could ultimately lead the country to seek international help from organisations like the International Monetary Fund (IMF). Finance Minister Malusi Gigaba today presented his first…
The Government today confirmed Stoke-on-Trent teachers will benefit from a pilot scheme to pay off part of their student debts. It will initially target teachers specialising in science or modern foreign languages to help ease recruitment and retention problems. The full details have yet to be released, but eligible teachers will be reimbursed for at…
Canadians enter the workforce with an average of nearly $27,000 in student loan debt, finds a survey by Consortium, C.U. The debt typically takes 10 years to repay, which means many delay saving for traditional life goals like home ownership, starting a family or retirement. Great-West Life is piloting a voluntary retirement and savings program with select…