President Joe Biden made student loan forgiveness a central issue to his administration, rolling out efforts to forgive debt as well as to lower repayments for millions of borrowers. But with President-elect Donald Trump returning to the White House in January, the future of those efforts is now in question. During the presidential debate with … Read more
President Joe Biden marked a new milestone in his effort to forgive student loans, as the total number of public servants who have received relief exceeded 1 million since he took office. Borrowers eligible for the latest round of relief are expected to see their debt cleared in the coming days and weeks(Bloomberg) The administration … Read more
A young woman has expressed frustration over her ballooning HECS debt, fearing she’ll be stuck with it forever due to indexation. Sydney high school teacher and content creator Alicia Romijn, 28, feels burdened by her student loan debt after completing a double major in Science and a Bachelor’s in urban and Environmental Town Planning, followed … Read more
The pandemic has caused an increase in the number of people seeking financial advice in the US. Many seek help with repaying debt, budgeting, and retirement planning due to high living costs, slow wage growth, and economic uncertainty. Interestingly, even financial advisors face money challenges. Recently, financial guru Dave Ramsey shed light on how even … Read more
By Seung Min Kim and Collin Binkley | Associated Press WASHINGTON — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers, according to three people familiar with the plans, nearly a year after the Supreme Court foiled his administration’s first attempt to cancel debt … Read more
Nearly 27% fewer aspiring Colorado college students have submitted a Free Application for Federal Student Aid this year compared to 2023 amid a federal financial aid fiasco. That drop has state higher education leaders worried the ongoing delays and confusion surrounding the revamped financial aid application — known as FAFSA — will deter students from … Read more
David Ramsey is a bestselling author and radio host works with more than 5,000 professionals to advise his listeners on tax bills, real estate insurance, debt and other finances. Ramsay is also the face of The Ramsay Show, a radio programme and podcast that discusses money management. “I am barely making it,” said 28-year-old Rashina, … Read more
The Finance Ministry allocated Rs. 1.12 lakh crore to the education sector for the fiscal year 2023-24. Of which the Department of Higher Education was allocated Rs. 44,095 crore. NEP mainly aims to achieve the establishment of at least one large multi-disciplinary higher education institution in every district, improving accessibility, increase in research & innovation … Read more
