A Sydney woman battling mental health issues has told how she is surviving off the charity of friends and family after an apparent Centrelink bungle left her with a $3,500 welfare debt and no income for more than two months. Charlotte Coulter, 29, told Guardian Australia she was wrongly kicked off the $276.55-a-week Austudy payment…
Whats more valuable getting out of debt or getting away? Soon more workers will have the opportunity to make that calculation. PTO Exchange, a platform that allows employers to give workers the ability to put the monetary value of their vacation days towards retirement savings, charitable donations and other goods and services, is expanding its…
Debt is a central way of talking about the personal and communal obligations we have to each other, given that no one is island unto themselves: we not only owe our existence to others, we depend on others just to survive, let alone thrive. Debt as a way of framing moral relations extends beyond Christianity.…
Students from the now-defunct Argosy University in Eagan are a step closer to having some of their debts forgiven. With a unanimous vote, the Minnesota Senate approved a bill that would help students with some of their most recent debt from the school. The chain closed suddenly in March. The legislation has already cleared the…
Helaine Olen Opinion writer focusing on politics, economics and American life Opinion writer May 15 at 12:51 PM Last month Sen. Elizabeth Warren (D-Mass.) debuted a proposal that would wipe away the majority of student debt through a generous forgiveness program. It may have been controversial among pundits, but it was popular with the public.…
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Investors are always looking for growth in small-cap stocks like Sundance Energy Australia Limited (ASX:SEA), with a market cap of AU$275m. However, an important fact which most ignore is: how financially healthy…
The propensity of mortgages, credit cards and leased cars in the UK means that most of us are in debt to some extent. It is only when that debt can no longer be managed and paid off at regular intervals that it becomes stressful. There is a fine line between feeling on top of your…
Its no wonder the countrys $1.5 trillion in collective student loan debt is being called a crisis. Young borrowers are delaying major life milestones such as buying homes and starting families because of the financial burden of their loans. A million borrowers default on their loans every year. But theres another equally damaging consequence of…
And there is no point looking to Foxtels other shareholder, Telstra, which contributed nothing to help Foxtel with its April repayment. Thus the race is on to refinance nine separate debt facilities that become payable between now and 2022. And new debt facilities wont come cheap for Foxtel, which is currently paying between 3.55 per…
The degree to which people are struggling to get by including having no savings to deal with an unforeseen bill should be seen as a crisis. Some estimates suggest that the number of people with even 100 in savings has fallen in recent years while others say one in five people have no savings at…