Financial Preparation Services Helps Students Get Approval For Debt Relief Program – Associated Press

Press release content from ACCESSWIRE. The AP news staff was not involved in its creation. Click to copyhttps://apnews.com/ACCESSWIRE/e46c6eb3a31243e0088a830aa835755a IRVINE, CA / ACCESSWIRE / May 13, 2019 / Sometimes people find themselves spiraling in debt, and they cant keep up with the payment. This causes them to be stressed out and trying so hard to make…

Colleges must stop holding students hostage and release their debt – The Hechinger Report

From Left to Right: Russell Kavalhuna, president of Henry Ford College, Ora Hirsch Pescovitz, president of Oakland University, M. Roy Wilson, president of Wayne State University, Sandy Baruah, president and CEO of the Chamber and Brandy Johnson, advisor, Office of the Governor Michigan announce a new initiative to remove college debts at gathering hosted by…

Elizabeth Warren tries to bring student debt relief proposal home with an online calculator – The Boston Globe

Senator Elizabeth Warrens presidential campaign Friday released an interactive tool to help voters determine how much of their student debt would disappear under her ambitious proposal to cancel up to $50,000 in outstanding loans for college graduates in the red. The online calculator tool, on the Massachusetts Democrats campaign website, asks users to answer a…

Forgiving Debts May Boost Employment During Recessions – Yale Insights

By Roberta Kwok When a major recession hits, many consumers have the same thought: cut spending. Around them they see layoffs, plunging house prices, income stagnation, and a shrinking credit supply. Their collective belt-tightening fuels the economys downward spiral, leading to even more unemployment. Paul Goldsmith-Pinkham, an assistant professor of finance at Yale SOM, wondered…