Supreme Court rebuffs Biden administration plea to restore SAVE student debt planThe Supreme Court upheld the hold on Biden's plan to reduce student loan payments amid ongoing lawsuits, delaying financial relief for borrowers.
The uncertain future of Biden's student loan repayment plan, explainedFederal judges have put an injunction on President Biden's student loan repayment program, causing uncertainty for millions of borrowers.
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment planMissouri court to examine Biden's SAVE student-loan repayment plan, impacting millions of borrowers.Legal challenges from GOP attorneys general have halted the SAVE plan's implementation.Final decision from the 8th Circuit crucial for the future of student-loan forgiveness.
Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers saySen. Warren and colleagues demand investigation into Navient for allegedly denying debt relief to defrauded borrowers.
Higher monthly payments loom for many student loan borrowersTrump's election may increase uncertainty and hinder student debt relief efforts initiated by Biden administration.
Biden's student loan cancellation free to move forward as court order expiresBiden's student loan cancellation plan may advance following a court ruling favoring the administration.
Supreme Court rebuffs Biden administration plea to restore SAVE student debt planThe Supreme Court upheld the hold on Biden's plan to reduce student loan payments amid ongoing lawsuits, delaying financial relief for borrowers.
The uncertain future of Biden's student loan repayment plan, explainedFederal judges have put an injunction on President Biden's student loan repayment program, causing uncertainty for millions of borrowers.
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment planMissouri court to examine Biden's SAVE student-loan repayment plan, impacting millions of borrowers.Legal challenges from GOP attorneys general have halted the SAVE plan's implementation.Final decision from the 8th Circuit crucial for the future of student-loan forgiveness.
Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers saySen. Warren and colleagues demand investigation into Navient for allegedly denying debt relief to defrauded borrowers.
Higher monthly payments loom for many student loan borrowersTrump's election may increase uncertainty and hinder student debt relief efforts initiated by Biden administration.
Biden's student loan cancellation free to move forward as court order expiresBiden's student loan cancellation plan may advance following a court ruling favoring the administration.
Thousands of New Yorkers Will Have Their Medical Debt Wiped OutNew York City is erasing $80 million in medical debt for 35,000 residents as part of a groundbreaking initiative.
Los Angeles County Approves Medical Debt Relief for Thousands of ResidentsLA County supervisors voted to buy and forgive medical debt, partnering with Undue Medical Debt, aiming to alleviate financial burdens on residents living in poverty.
Thousands of New Yorkers Will Have Their Medical Debt Wiped OutNew York City is erasing $80 million in medical debt for 35,000 residents as part of a groundbreaking initiative.
Los Angeles County Approves Medical Debt Relief for Thousands of ResidentsLA County supervisors voted to buy and forgive medical debt, partnering with Undue Medical Debt, aiming to alleviate financial burdens on residents living in poverty.
54,900 student-loan borrowers are getting $4.28 billion in debt wiped out a month before Trump takes officeBiden announced $4.28 billion in student-debt cancellation for 54,900 borrowers as part of Public Service Loan Forgiveness improvements.
Biden to Forgive $6 Billion in Student Debt for 78,000 Public Service Workers$6 billion in loan forgiveness for 78,000 public service workers announced by President Biden.Total loan forgiveness under Biden administration is $144 billion for 4 million borrowers.
Biden cancels another $4.2bn in US student loans before leaving officeBiden's administration has forgiven $180 billion in student loans, aiding nearly five million Americans, mainly public service workers.
Where Does Biden's Student Loan Debt Plan Stand? Here's What to Know.Biden's student loan forgiveness effort is hindered by a Supreme Court ruling against the SAVE plan, affecting millions of borrowers.
Biden scraps debt relief plans, other regsThe Biden administration has officially withdrawn student debt relief proposals, impacting millions, amid legal challenges and further evaluations of regulatory changes.
Court halts Biden's student loan repayment plan. How this affects California borrowersFederal appeals court halted Biden's student loan repayment plan, SAVE, temporarily, leading to uncertainty for borrowers.
54,900 student-loan borrowers are getting $4.28 billion in debt wiped out a month before Trump takes officeBiden announced $4.28 billion in student-debt cancellation for 54,900 borrowers as part of Public Service Loan Forgiveness improvements.
Biden to Forgive $6 Billion in Student Debt for 78,000 Public Service Workers$6 billion in loan forgiveness for 78,000 public service workers announced by President Biden.Total loan forgiveness under Biden administration is $144 billion for 4 million borrowers.
Biden cancels another $4.2bn in US student loans before leaving officeBiden's administration has forgiven $180 billion in student loans, aiding nearly five million Americans, mainly public service workers.
Where Does Biden's Student Loan Debt Plan Stand? Here's What to Know.Biden's student loan forgiveness effort is hindered by a Supreme Court ruling against the SAVE plan, affecting millions of borrowers.
Biden scraps debt relief plans, other regsThe Biden administration has officially withdrawn student debt relief proposals, impacting millions, amid legal challenges and further evaluations of regulatory changes.
Court halts Biden's student loan repayment plan. How this affects California borrowersFederal appeals court halted Biden's student loan repayment plan, SAVE, temporarily, leading to uncertainty for borrowers.
Brooklyn Debt Relief Executive Sentenced to Over 11 Years in Prison For FraudMarat Lerner stole $2.5 million from distressed clients, leading to bankruptcies and foreclosures, and was sentenced to over 11 years in prison.
Socialite Candice Miller Auctioning Off Belongings From $15 Million Mansion in Fire Sale-After Husband Killed Himself Amid $34 Million Debt CrisisCandice Miller is auctioning items to alleviate debt following her husband Brandon Miller's suicide amidst financial turmoil.
BuzzFeed survives by selling 'Hot Ones' to George SorosBuzzFeed alleviated its debt burden by selling 'Hot Ones' for $83 million, stabilizing its financial situation.
It's time to tax fossil fuels and shipped goods to fund climate resilienceClimate-stricken regions are sinking into debt, and financing loss and damage through international levies could provide necessary support.
'Finance Day' at COP29 galvanises debate about numbersSmall Island Developing States demand a reformed climate financing system that alleviates rather than increases their debt burden.
Huge benefits' in greater debt relief for lower income countries, study findsLowering debt payments for poor countries could enhance education and health outcomes significantly.
'Finance Day' at COP29 galvanises debate about numbersSmall Island Developing States demand a reformed climate financing system that alleviates rather than increases their debt burden.
Huge benefits' in greater debt relief for lower income countries, study findsLowering debt payments for poor countries could enhance education and health outcomes significantly.
China unveils 10tn yuan support for debt-stricken local governmentChina's debt support package aims to tackle local government debt but falls short of comprehensive solutions.
US cancels $1.1bn of Somalia's debt in historic' financial agreementUS cancels $1.1bn in Somali debt, marking a significant step in the country's economic recovery and efforts to alleviate sustainable debt burdens.
Publican secures 50m debt deal from High CourtJohn Gaffney's €54.6 million debt is largely written off, allowing him to keep his home under personal insolvency legislation.
Solicitor whose property portfolio collapsed has 2.6m in debt written off by High CourtBernard Murphy has had €2.6m in debts written off, receiving only 1.7% of what creditors are owed.
Publican secures 50m debt deal from High CourtJohn Gaffney's €54.6 million debt is largely written off, allowing him to keep his home under personal insolvency legislation.
Solicitor whose property portfolio collapsed has 2.6m in debt written off by High CourtBernard Murphy has had €2.6m in debts written off, receiving only 1.7% of what creditors are owed.
The Radical Potential of BankruptcyMany Americans are in significant debt, yet few choose bankruptcy as a solution due to stigma and cost.
How can we help stop deadly drug-resistant infections spreading? Debt relief | Glenda GrayAntimicrobial resistance is projected to cause a drastic increase in deaths by 2050, necessitating substantial global funding and debt relief.
Yellen Rebukes Chinese Lending Practices in Call for Debt ReliefYellen criticized China's lending practices and called for swift global debt relief for disadvantaged nations to support their development efforts.
IMF chief: 'Africa deserves to be represented more fairly' DW 10/09/2024The IMF is committed to increasing Africa's representation and addressing its debt crisis through liquidity support, debt restructuring, and growth promotion.
Yellen Rebukes Chinese Lending Practices in Call for Debt ReliefYellen criticized China's lending practices and called for swift global debt relief for disadvantaged nations to support their development efforts.
IMF chief: 'Africa deserves to be represented more fairly' DW 10/09/2024The IMF is committed to increasing Africa's representation and addressing its debt crisis through liquidity support, debt restructuring, and growth promotion.
Biden's student loan cancellation free to move forward as court order expiresTemporary legal victory for Biden's student loan cancellation after Georgia judge's ruling.Biden's plan could potentially relieve debt for about 30 million borrowers soon.
Biden Guidelines For Student Loan Forgiveness Aid Debtors Close To DefaultBiden administration proposes student loan debt relief guidelines, including potential full balance waiver.Wide student loan forgiveness may relieve financial burdens, impact major life decisions, and serve as a beneficial PR move for the Biden administration.
Biden's student loan cancellation free to move forward as court order expiresTemporary legal victory for Biden's student loan cancellation after Georgia judge's ruling.Biden's plan could potentially relieve debt for about 30 million borrowers soon.
Biden Guidelines For Student Loan Forgiveness Aid Debtors Close To DefaultBiden administration proposes student loan debt relief guidelines, including potential full balance waiver.Wide student loan forgiveness may relieve financial burdens, impact major life decisions, and serve as a beneficial PR move for the Biden administration.
Drowning in credit card debt? These companies can helpCredit card debt is rising in U.S. households, indicating more reliance on credit cards for financial management.
Needy D.C. homeowners applied for pandemic aid. They're still waiting.Shellpoint Mortgages' relentless calls exacerbate Gregory Briscoe's financial distress, revealing systemic issues in the Homeowner Assistance Fund's execution.
Debt payments by countries most vulnerable to climate crisis soarDebt payments have doubled for vulnerable countries due to the pandemic, hindering climate crisis efforts. Calls for urgent comprehensive debt relief.
Needy D.C. homeowners applied for pandemic aid. They're still waiting.Shellpoint Mortgages' relentless calls exacerbate Gregory Briscoe's financial distress, revealing systemic issues in the Homeowner Assistance Fund's execution.
Debt payments by countries most vulnerable to climate crisis soarDebt payments have doubled for vulnerable countries due to the pandemic, hindering climate crisis efforts. Calls for urgent comprehensive debt relief.
The Deep Roots of Debt Resistance in the United StatesFarmers in 1930s Iowa led a revolt against foreclosure, representing a key moment in America's debtors vs. creditors history.
5 top money moves to consider before the Federal Reserve's first rate cut since 2020An interest rate cut is likely coming soon, offering potential relief to consumers facing high interest charges.
Fed interest rate cut means borrowing money will get cheaper for customersThe Federal Reserve's upcoming interest rate cut aims to alleviate financial pressure on consumers facing high prices and borrowing costs.
How to position yourself to benefit from the Fed's first rate cut in years, according to financial expertsThe Federal Reserve may lower interest rates soon, offering relief to consumers burdened by high interest charges.
5 top money moves to consider before the Federal Reserve's first rate cut since 2020An interest rate cut is likely coming soon, offering potential relief to consumers facing high interest charges.
Fed interest rate cut means borrowing money will get cheaper for customersThe Federal Reserve's upcoming interest rate cut aims to alleviate financial pressure on consumers facing high prices and borrowing costs.
How to position yourself to benefit from the Fed's first rate cut in years, according to financial expertsThe Federal Reserve may lower interest rates soon, offering relief to consumers burdened by high interest charges.
These factory workers were swamped by medical debt. Then their employer stepped inPhiferCares Clinic provides free health care to employees, significantly reducing health care costs and debt.
Biden cancels $7.7bn more in student debt for 160,000 borrowersPresident Biden announces cancellation of $7.7bn in student debt for 160,000 borrowers, bringing total beneficiaries to 4.75 million.
Americans over 60 are the fastest growing group of student debtors. That's awful | Gail GardnerOlder Americans are increasingly burdened by student debt, prompting urgent calls for policy change and assistance from the government.
Biden Must Recognize All Student Debt as Hardship. It's the Key Step to Relief.Debt relief requires proof of 'hardship,' despite the debt itself being viewed as a hardship.
Biden cancels $7.7bn more in student debt for 160,000 borrowersPresident Biden announces cancellation of $7.7bn in student debt for 160,000 borrowers, bringing total beneficiaries to 4.75 million.
Americans over 60 are the fastest growing group of student debtors. That's awful | Gail GardnerOlder Americans are increasingly burdened by student debt, prompting urgent calls for policy change and assistance from the government.
Biden Must Recognize All Student Debt as Hardship. It's the Key Step to Relief.Debt relief requires proof of 'hardship,' despite the debt itself being viewed as a hardship.
Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidencyVice President Kamala Harris is a leading candidate for the Democratic presidential nomination and has a strong track record of supporting student-loan borrowers.
Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.The Education Department is informing student-loan borrowers about its debt relief plan and the opt-out deadline.
Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidencyVice President Kamala Harris is a leading candidate for the Democratic presidential nomination and has a strong track record of supporting student-loan borrowers.
Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.The Education Department is informing student-loan borrowers about its debt relief plan and the opt-out deadline.
Developing countries face worst debt crisis in history, study showsDeveloping countries are facing a severe debt crisis, with a significant portion of their budgets allocated to debt servicing.
Biden, Ruto urge global lenders to ease debt burden DW 05/23/2024Kenyan President Ruto and US President Biden to address debt burden on developing countries during state visit.Nairobi-Washington Vision aims to reduce financing barriers and offer debt relief to developing countries, positioning the US as a favorable economic partner to Africa.
Gordon Brown warns African nations forced to pay debt over funding vital healthcareGordon Brown emphasizes urgent need for West to offer debt relief to African countries as they face worst crisis in a generation.