CIC calls for better local data to help tackle household debt – PoliticsHome.com

It finds that Britains household debt problem has a local dimension with communities with high concentrations of lower income, younger and households living in rented housing more likely to experience problem debt. This concentration of household debt reduces household consumption and so constrains local economic growth.  Over-indebtedness is also associated with poor health and negatively…

The Student Debt Challenge Helps More Student Loan Borrowers – U.S. News & World Report (blog)

About six months ago, the White House announced a campaign the Student Debt Challenge to raise awareness of the existence of income-driven repayment options. In this week’s post, the Student Loan Ranger updates readers on the initiative’s impact. There’s no argument that college can be expensive and the costs continue to rise. Recent statistics show…

Queensland gets AA+ credit rating from Standard and Poor’s – Brisbane Times

Plans to raid Queensland public servants’ superannuation fund have been highlighted as a factor by rating agency Standard and Poor’s in keeping the state’s credit rating steady. And it says Queensland could regain its AAA rating within two years. Premier Annastacia Palaszczuk and Treasurer Curtis Pitt hand down the 2016 budget. Photo: Robert Shakespeare On Wednesday,…