Latest in Debt Canceled
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Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.Business - Inc. - October 17 -
US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...World - The Guardian - 2 days ago -
Student debt cancelled for 1 million public servants, as other relief remains in limbo
Biden administration touts the milestone while courts are blocking other parts of the White House’s student-loan agendaBusiness - MarketWatch - October 17 -
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.Business - CNBC - October 17 -
Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People
An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.Top stories - The New York Times - October 17 -
What debt types does debt consolidation cover?
Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.Top stories - CBS News - October 21 -
The great wall of debt
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investorsBusiness - Financial Times - October 17 -
Will credit card debt forgiveness cover my $40,000 debt?
Getting rid of your credit card debt is important, but is debt forgiveness the right approach? Here's what to know.Top stories - CBS News - October 14 -
Will credit card debt forgiveness cover my $15,000 debt?
If you're trying to tackle $15,000 in credit card debt, it's important to find the right strategy first.Top stories - CBS News - October 15 -
Will credit card debt forgiveness cover my $25,000 debt?
With credit card interest rates high, many borrowers may need forgiveness now. But can it cover $25,000 worth of debt?Top stories - CBS News - October 16 -
Will credit card debt forgiveness cover my $3,000 debt?
Stuck with a $3,000 credit card bill? Here's how to get help now.Top stories - CBS News - October 23 -
Will debt collectors sue over a $3,000 credit card debt?
A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.Top stories - CBS News - 3 days ago -
CNBC host says Trump canceled interview
Former President Trump was set to appear on CNBC this week but ultimately canceled on the network, a leading anchor on the network said Tuesday. "Well, Trump canceled," CNBC's Joe Kernen said on ...Politics - The Hill - October 15 -
FTC announces rule to make it easier to cancel subscriptions
The Federal Trade Commission is taking steps to make it easier for consumers to cancel digital subscriptions. The department will soon implement a "final click to cancel rule," it announced ...Politics - The Hill - October 16 -
Heavy rain brings widespread travel disruption
River levels are rising and properties are expected to flood in several parts of Wales.Top stories - BBC News - October 16 -
Microsoft’s Differential Transformer cancels attention noise in LLMs
A simple change to the attention mechanism can make LLMs much more effective at finding relevant information in their context window.Tech - VentureBeat - October 16 -
US 'click to cancel' rule to ban subscription traps
New rule requires businesses to make subscribing and cancelling subscriptions equally simple.Top stories - BBC News - October 17 -
Trains and buses cancelled amid further disruption
Translink also issued warnings to commuters on Thursday evening as a result of heavy traffic.Top stories - BBC News - October 18 -
Passengers stuck on planes and homes without power
Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.Top stories - BBC News - October 20 -
Ubisoft Cancels Assassin's Creed Shadows Early Access
If Assassin's Creed Shadows had stayed on schedule, it would have been released in just under a month. Instead, Shadows was pushed back to an early 2025 release . Now, players who purchase the ...Tech - GameSpot - October 21 -
Nevada 5th team to cancel SJSU volleyball match
Nevada has become the fifth school this season to call off a women's volleyball match against San Jose State.Sports - ESPN - October 26 -
50,000 Oasis tickets to be cancelled for violating purchase terms
Promoters said the affected tickets were bought using prohibited techniques, including acquiring more than four tickets per household and using multiple identities. Ticketmaster will cancel about ...World - The Guardian - October 29 -
Carville: WaPo mass cancellations show 'enthusiasm' for Harris
Democratic strategist and cable news pundit James Carville suggested the recent flood of cancellations by subscribers to The Washington Post over its owner's decision not to endorse a presidential ...Politics - The Hill - October 29 -
Washington Post cancellations hit 250,000 – 10% of subscribers
Reader backlash against decision not to make presidential endorsement rolls on despite Bezos defense of decision. Deterioration of the Washington Post’s subscriber base continued on Tuesday, hours ...World - The Guardian - October 29 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Harris and Trump are equally silent on the expanding US debt
The nation is borrowing to finance current consumption rather than to make much-needed long-term investmentsWorld - Financial Times - October 18 -
'Holiday home dream left us crippled with debt'
Families who lost tens of thousands of pounds buying holiday caravans want the industry to change.Top stories - BBC News - October 24 -
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.Business - The Wall Street Journal - October 24 -
Economist on whether the national debt is cause for concern
The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...Top stories - CBS News - October 28 -
How to qualify for a debt consolidation program this November
There could be big benefits to enrolling in a debt consolidation program now, but you'll have to qualify first.Top stories - CBS News - October 29 -
3 reasons to consider debt relief this November
Not sure if your situation warrants the help of a debt relief servicer? Here are three timely reasons why it may.Top stories - CBS News - October 30 -
Is it ever OK to ignore credit card debt collectors?
It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.Top stories - CBS News - 4 days ago -
‘Positive’ medical debt credit reporting is a Trojan horse
Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.Politics - The Hill - 2 days ago -
Trump is the right president to finally tackle the national debt
Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.Politics - The Hill - Yesterday -
Can credit card debt in collections be forgiven?
There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?Top stories - CBS News - Yesterday