OTTAWA — The Liberal government is planning to pile on more than $100 billion in public debt over the coming years as part of an ambitious strategy it hopes will revive economic growth over the long haul. However, the blueprint tabled Tuesday has no firm timetable on when the deficits will end — and the…
Two empty chairs at the U.S. Supreme Court could be full of significance as the remaining justices consider whether Puerto Rico can ease its fiscal crisis with a law that would let the islands public utilities restructure more than $20 billion in debt. The U.S. territory will make its case Tuesday to what probably will…
Paying off student loans isnt easy and can take years, but the Department of Education is trying to make it easier through streamlined repayment options. In a conference call Friday with U.S. student reporters, Education Secretary John King Jr. spoke about two ways the department is attempting to streamline the student loan repayment process: income-driven…
A Federal Judge ordered a student debt relief company to immediately cease providing debt relief services to borrowers. The Consumer Financial Protection Bureau, (CFPB) has accused the company of illegally charging upfront fees before providing any services to borrowers. Student Loan Processing, which also operates as Irvine Web Works, has 45 days to cease operations but must immediately…
GEORGE TOWN: A total of 9,529 Malaysians who sought assistance from the Credit Counselling and Debt Management Agency (AKPK) have settled their debts totalling RM396mil, said Deputy Finance Minister Datuk Chua Tee Yong. He said AKPK, a subsidiary of Bank Negara Malaysia, was set up in 2006 to assist people in financial management and more…
The Saskatchewan Party released its full election platform on Saturday, promising to “keep Saskatchewan strong” by rebuilding a rainy day fund and paying down debt. Over the past few weeks, the party has made a number of policy announcements, including the Highways 2020 Plan to repair more of Saskatchewan’s highways, a plan to help graduates…
Tony and Cherie Blair Photo: XPOSUREPHOTOS.COM By Robert Mendick, Chief Reporter 7:03PM GMT 19 Mar 2016 Follow While Cherie Blairs legal business, advising among others the despotic governments of Kazakhstan and the Maldives, has thrived, her health company…
WASHINGTON, March 17 (UPI) — A consumer watchdog group recommended a student loan debt relief company accused of preying on student loan borrowers be shuttered and the company reimburse thousands of borrowers who paid some $8.2 million in illegal fees. The Consumer Financial Protection Bureau requested a federal court enter a final judgement against Student…
Few employees object to foosball tables and free snacks in the office. But for prospective recruits burdened by student loans, some companies are introducing a perk that may be a stronger draw. Fidelity announced Tuesday that full-time employees at the manager level or below will be eligible to receive $2,000 a year paid toward their…
Louisianas top officials agreed Thursday to refinance state debt to generate $82 million in quick cash to help close gaps in this years budget. The Bond Commission agreed to the financing maneuver over the objections of its chairman, Treasurer John Kennedy. Lawmakers assumed the additional cash in its budget rebalancing work during the recently-added special…