Inflation-driven higher education debt increases to hit millions of Australians – The Guardian Australia

Millions of Australians with Higher Education Loan Program (Help) loans could face thousands of dollars in extra debt this year as soaring inflation hits the education sector. Independent modelling provided to Guardian Australia suggests Australians with an average Help debt of $24,770.75 will face an increase of at least $1,700 when it is next indexed…

Student loan forgiveness data shows how many borrowers applied … – The Washington Post

Comment on this story Comment Gift Article The Biden administration on Friday released a state-by-state breakdown of people who could get assistance from the presidents embattled student-loan debt relief program, days after the Education Department said independent auditors had questioned the estimated cost of the effort. Wp Get the full experience.Choose your plan ArrowRight Officials…

Student-loan repayment this year will be a ‘huge undertaking’: Ed. Dept. – Business Insider

Federal Student Aid’s 2022 annual report said that resuming student-loan payments this year will be a “huge undertaking.” It cited the unprecedented nature of Biden’s broad debt relief and extensions of the payment pause. The agency said it will improve customer service, but borrowers are continuing to struggle with their loan servicers. Loading Something is…

3 strategies to help give your finances a much-needed reboot this year, according to a financial expert – CNBC

Welcome back to Money Made Easy, where we focus on simple ways to manage your finances and save money. In the latest installment of the series, CNBC Select Contributor and financial advisor Kristin Merrick walks us through her best tips for rethinking how you manage your money in 2023. Check out the full interview featured…

Statutory debt solutions and diligence – policy review consultation … – The Scottish Government

i. Ministerial Foreword The Scottish Government has made a commitment to identify and take forward improvements in our debt management solutions to ensure they remain fair and fit for purpose. I believe we have an excellent system with solutions that provide fair and effective remedies for people trying to deal with problem debt and those…