In view of delay in assurance from bilateral creditors so as to fulfil the criteria of getting a bailout package of USD 2.9 Billion from the IMF, Sri Lanka is in talks with the World Bank and the Asian Development Bank to obtain loans worth of USD 1.9 billion. According to the Governor of the…
Christian D. Menefee, the Harris County Attorney, has joined dozens of other local leaders in an amicus brief supporting the White House as they get set to argue in front of the Supreme Court over student debt relief. Menefee joins other signatories from 23 states in the brief for Biden v. Nebraska, which will be…
The Biden administration is pushing forward with another approach to tackling the student debt crisis while its main initiative, a plan to forgive up to $20,000 in student loans per borrower, remains stuck in legal limbo. Even if the debt-forgiveness effort is struck down by the courts, the Department of Education’s Plan B could help…
The Biden administration is pushing forward with another approach to tackling the student debt crisis while its main initiative, a plan to forgive up to $20,000 in student loans per borrower, remains mired in legal limbo. Even if the debt-forgiveness effort is struck down by the courts, the Department of Education’s Plan B could help…
It depends on your financial situation. If youre someone with multiple loans and find it challenging to keep track of what bills are due and when. In that case, consolidating your debts into one loan can help. You could do this by taking out a debt consolidation personal loan, or consolidating the debt into your…
Image source: Getty Images Ready to see some $0 balances? Key points You have options when it comes to paying off debt. Consolidating your debts involves using a personal loan or balance transfer credit card to pay them off, then paying that off. If you have good credit, prefer simplicity, and know you won’t charge…
Cory Turner, NPR: Yes, it’s really interesting, Geoff, because if you think about the difference between the president’s broad debt relief plan and the income-driven repayment plan they just unveiled, it’s the latter that will arguably help more borrowers looking forward into the future. This new plan would do a few things. As you mentioned…
The Biden administration is pushing forward with another approach to tackling the student debt crisis while its main initiative, a plan to forgive up to $20,000 in student loans per borrower, remains mired in legal limbo. Even if the debt-forgiveness effort is struck down by the courts, the Department of Education’s Plan B could help…
When the Biden administration heads to the U.S. Supreme Court in February to defend its student loan forgiveness plan, arguments will likely focus on whether a nearly 20-year-old law passed in the aftermath of the Sept.11 attacks allows Education Secretary Miguel Cardona to forgive some student loans. The legality of using the Higher Education Relief…
U.S. Secretary of Education Miguel Cardona issued the following statement after the Departments of Education and Justice filed a legal brief with the Supreme Court on the Biden-Harris Administrations Student Debt Relief Program: The Biden-Harris Administration remains committed to fighting to deliver essential student debt relief to tens of millions of Americans. As part of…