Louisiana to refinance debt for $82 million to help close this year’s budget gap – The Advocate

Louisianas top officials agreed Thursday to refinance state debt to generate $82 million in quick cash to help close gaps in this years budget. The Bond Commission agreed to the financing maneuver over the objections of its chairman, Treasurer John Kennedy. Lawmakers assumed the additional cash in its budget rebalancing work during the recently-added special…

Government agency shuts down student debt relief company – Washington Post

Government agencies are cracking down on student debt relief scams. (iStock). A federal judge has approved a judgement order to shut down a student debt relief company that the Consumer Financial Protection Bureau has accused of illegally charging upfront fees before providing any services to unwitting borrowers. Student Loan Processing, which also operates as IrvineWebWorks, has 45 days to cease…