Thaksin Proposes Bold Debt Relief Plan At Pishnulok University

On March 17, 2025, former Prime Minister Thaksin Shinawatra addressed the pressing issue of household debt during his talk at Pishnulok University, highlighting his vision for economic prosperity for all Thais. Thaksin proposed audacious ideas for alleviating the financial burdens faced by citizens, such as the government potentially purchasing public debts from the banking system.…

Big proposed changes to the HELP repayment system – a higher first income threshold & a marginal rate of repayment – Andrew Norton

Today the government announced big changes to the HELP repayment system. Its proposal involves several interconnected conceptual and practical considerations. The first issue is where to set the first repayment threshold – how much should a HELP debtor earn before they start repaying? The government proposal is for a higher first threshold. The second issue…

6 debt management risks to know before enrolling

Before you enroll in a debt management program, make sure you understand the risks that come with it. Getty Images If you’re struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt management companies — items like “reduce your payments,” “consolidate your debt” and “become…