With collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing.
Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are doing their part to curb college debt.
1. UNIVERSITY OF PITTSBURGH
The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward.
The schools new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the…
Read the full article at: https://ottawacitizen.com/pmn/business-pmn/3-colleges-that-help-you-handle-student-debt/wcm/46d1ed79-73ff-40d9-9aee-5c60bc1e62f3
Uden, the Netherlands, 18 January 2019
Beter Bed Holding: Q4 sales increased by 2.2%; restructuring on track
As announced at the Capital Markets Day on 26 October 2018, Beter Bed Holding decided to restructure its international businesses. At the same event, a new mid-term strategy with the overarching customer promise to offer the best quality rest at affordable prices was presented. The Group Leadership Team of Beter Bed Holding is pleased to announce that the Q4 commitments have been successfully delivered.
This included, amongst others, the following:
- closure of 172 Matratzen Concord stores in Germany, Austria and Switzerland;
- headcount reduction of the Matratzen Concord support organization by 64 FTE;
- inventory reduction by…
Read the full article at: https://globenewswire.com/news-release/2019/01/18/1701769/0/en/Beter-Bed-Holding-Q4-sales-increased-by-2-2-restructuring-on-track.html
Go to TopWith collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing.
Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are doing their part to curb college debt.
1. UNIVERSITY OF PITTSBURGH
The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward.
The schools new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the…
Read the full article at: https://leaderpost.com/pmn/news-pmn/3-colleges-that-help-you-handle-student-debt/wcm/eb44f535-30ba-41bf-8231-b3996fb78b4d
With the reference to our earlier intimation notice dated 14th January, 2019 for 14th meeting of the
Committee of Creditors (COC) which was scheduled to be held on l8h January, 2019 at 11:30 am, we
hereby inform you that the same meeting has been postponed and it is rescheduled on Tuesday, 22nd
January, 2019 at 03:00 pm at the State Bank of India, Stressed Assets Management Branch-II, Raheja
Chambers, lst Floor, B Wing, Free Press Journal Marg, Nariman Point, Mumbai- 400021.Source : BSE – www.bseindia.com
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/ushdev-international-ltd-corporate-insolvency-resolution-process-cirp-intimation-of-meeting-of-committee-of-creditors/article26024133.ece
The former chief executive of a failed investment firm has been given just over two weeks to pay a record 76m fine by the City regulator.
The Financial Conduct Authority formally imposed the huge fine on Stewart Ford yesterday over his role in one of the UKs largest investment scandals. He must find the funds to pay the penalty in full by 1 February.
The former chief executive of the so-called death bond company Keydata lost a long legal battle against the penalty, the highest ever handed down to an individual by the Financial Conduct Authority (FCA).
Tens of thousands of UK investors lost out after putting almost 450m into so-called death bond policies via the investment firm, which was dissolved in 2014 after being declared insolvent and …
Read the full article at: https://uk.news.yahoo.com/businessman-two-weeks-pay-record-76m-fine-070055442.html
With collective U.S. student loan debt nearing $1.5 trillion, some colleges are testing innovative solutions to help reduce student borrowing.
Using no-strings-attached student loan payoff-assistance programs, college loan alternatives and annual student debt letters, these three universities are doing their part to curb college debt.
1. UNIVERSITY OF PITTSBURGH
The University of Pittsburgh is offering graduating seniors up to $5,000 in federal student loan relief with one request: They pay it forward.
The schools new program, Panthers Forward, will help recent graduates chip away at student debt and introduce them to alumni mentors to encourage professional development. Students have no obligation to repay the gift, but the…
Read the full article at: https://ottawacitizen.com/pmn/news-pmn/3-colleges-that-help-you-handle-student-debt/wcm/eb44f535-30ba-41bf-8231-b3996fb78b4d
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the first Meeting of Committee of Creditors (COC) was held on January 11, 2019 to discuss inter alia the agenda item relating to continuation/appointment of Mr Shailendra Ajmera appointed as the Interim Resolution Professional by the Honble Adjudicating Authority, National Company Law Tribunal, New Delhi Bench in respect of Kwality Limited under Section 7 of the Insolvency & Bankruptcy Code, 2016 (IBC), as the Resolution Professional for Kwality Limited during corporate insolvency resolution process period under the IBC.
Pdf Link:
Kwality Limited – Corporate Insolvency Resolution Process (CIRP)-Outcome of mee…Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/kwality-limited-corporate-insolvency-resolution-process-cirp-outcome-of-meeting-of-committee-of-creditors/article26015370.ece
The Central Insolvency Commission, a Romanian state institution dealing with personal insolvency, has calculated that a two-parent family with two children, residing in the city, can live reasonably on RON 2,600 (EUR 557) per month. This is the minimum value of the consumer basket that provides a reasonable monthly living for a family of four, according to the institution.
For a family of four living in rural areas, the sum goes down to RON 2,100 (EUR 450).
The commission came up with the numbers based on a study of a task group including representatives from the Labor Ministry, the Romanian Academy, the National Prognosis Commission, the National Institute for Scientific Research on Labor and Social Protection, and the …
Read the full article at: https://www.romania-insider.com/two-kid-family-eur-550-per-month/
- LuLaRoes chief clothing supplier, Providence Industries, has demanded that a court immediately seize nearly $US34 million in assets from the company.
- The demand, made in court filings on Tuesday, cites testimony from nine former LuLaRoe consultants who claim LuLaRoe collectively owes them more than $US63,000 in refunds for unsold inventory that they returned to the company.
- The filings come after Providence Industries sued LuLaRoe for nearly $US63 million, alleging the multi-level-marketing company has failed to pay its bills for months.
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James Lee, the co-president of Providence Industries, claimed in new testimony that during a meeting in September, LuLaRoe CEO Mark Stidham allegedly …
Read the full article at: https://www.businessinsider.com/lularoe-lawsuit-supplier-demands-34-million-claims-company-is-liquidating-2019-1
This move will reduce the burden on the NCLT to hear cases and pass an admission order and hence the tribunals can focus on the core issues of insolvency cases
Mumbai: The government is mulling introduction of a procedure of deemed admission of companies under the Insolvency and Bankruptcy Code (IBC). In certain cases where financial creditors have approached the National Company Law Tribunal (NCLT), their petition could be admitted and the resolution professional (RP) could be appointed for quicker resolution, said Injeti Srinivas, Corporate Affairs Secretary, on the sidelines of an event on bankruptcy.
If the proposal is implemented then after the deemed admission of companies for resolution, there would not be any immediate load on the…
Read the full article at: https://www.livemint.com/Companies/GxvYjPBkrmXA0kJrRbtVMN/Govt-mulls-deemed-admission-of-companies-under-insolvency-la.html
