#debt cancellation

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www.theguardian.com
2 weeks ago
Business

Dutch city pilots radical debt cancellation scheme for poor families

Arnhem city is canceling debts of the poorest families to break the downward spiral and provide a fresh start. [ more ]
Truthout
1 month ago
Left-wing politics

Biden's New Student Loan Relief Plan Could Benefit Over 30 Million Borrowers

President Biden announces a new student loan relief plan benefitting over 30 million borrowers.
The plan includes debt cancellation for those facing economic hardships, borrowers with higher loan balances due to accrued interest, and individuals with 'low-value credentials'. [ more ]
New York Post
1 month ago
Left-wing politics

When policy fails, bribe voters with student loan forgiveness - it's the Biden way!

Student loan forgiveness plan announced by President Biden includes wiping out interest debt, automatic debt cancellation for eligible individuals, and potential beneficiaries totaling around 30 million.
The student loan forgiveness plan is seen as a strategy to gain support from younger voters and follows previous giveaways totaling $146 billion. [ more ]
www.theguardian.com
5 months ago
Environment

New push for debt relief to help developing world fund climate action

The world's poorest countries are spending over 12 times as much on debt service payments as they are on measures to tackle the climate crisis.
A new round of comprehensive debt cancellation is needed to free up funds for climate emergency adaptation.
Many countries studied are spending less than 2% of their budgets on climate adaptation. [ more ]
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