Latest in Debt Historic Financial
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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 -
4.8M borrowers, including 1M in public service, have had student debt forgiven, Biden admin says
The Biden administration announced it has provided student debt relief to more than 1 million borrowers who work in public service and 4.8 million borrowers in total.Top stories - NBC News - October 17 -
Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.
The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...Business - MarketWatch - October 18 -
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’World - Financial Times - October 17 -
Have $20,000 in credit card debt? Here's how much a forgiveness plan could cover.
Credit card debt forgiveness can help you dig out of debt. Here's how much of a $20,000 debt a forgiveness plan can cover.Top stories - CBS News - October 17 -
Bondholders could make $14bn from emerging market restructurings, says Debt Justice
Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investorsWorld - Financial Times - October 18 -
China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid debt crisis, says Ray Dalio.Business - CNBC - October 18 -
Stuck with $30,000 in credit card debt? Here's how much a forgiveness plan can cover.
A $30,000 debt balance can be debilitating for your finances. Here's how much a forgiveness plan can reduce it by.Top stories - CBS News - October 18
