Latest in Loan Scandal
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Bishop says more C of E senior clergy may need to resign over abuse scandal
Julie Conalty, bishop of Birkenhead, welcomes resignation of Justin Welby but says institutional changes needed. A bishop and a cabinet minister have said more senior clergy in the Church of ...World - The Guardian - Yesterday -
USMNT and Mauricio Pochettino prep for Concacaf Nations League; Canada's Bev Priestman out over drone scandal
Elsewhere on the Golazo Starting XI newsletter, David Coote fallout continuesSports - CBS Sports - Yesterday -
As Archbishop, He Struggled to Unite the Anglican Church. His Tenure Ended in an Abuse Scandal.
Archbishop of Canterbury Justin Welby’s decadelong fight to drag the Church of England into the 21st century ended this week as the church agreed he should quit over his handling of a child-abuse ...World - The Wall Street Journal - Yesterday -
Small Business Administration pausing disaster loans, program out of money until Congress returns
The Small Business Administration has run out of the money it was using for loans to help business owners recover from Hurricanes Milton and Helene. CBS News congressional correspondent Scott ...Top stories - CBS News - October 16 -
Biden administration has now canceled loans for more than 1 million public workers
A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden ...Top stories - ABC News - October 17 -
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...Business - 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 -
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 -
Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan
Shares of renewable-chemicals and biofuels company Gevo continued their rally Friday, lifted by a $1.46 billion loan commitment from the U.S. Energy Department earlier this week.Business - MarketWatch - October 18 -
Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.Business - CNBC - October 21 -
U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets
Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.Business - The New York Times - October 22 -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
How much does a $30,000 home equity loan cost per month now that rates were cut?
A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.Top stories - CBS News - October 24 -
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.Business - MarketWatch - October 25 -
8 million student loan borrowers would qualify for relief under Biden 'hardship' rules
The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...Politics - The Hill - October 25 -
SoFi’s stock rally takes a breather despite improving credit trends
Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.Business - MarketWatch - October 29 -
Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven
Some lenders of private student loans offer disabled borrowers a way to get their debt forgiven. But the process is difficult to learn about and to navigate.Business - CNBC - November 2 -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - November 5 -
Considering a home equity loan now? Why you should open one before the end of 2024
There's a major advantage to opening a home equity loan before December 31 that borrowers should know.Top stories - CBS News - November 6 -
Student loans, Title IX: What education policies might come out of a Trump administration
School choice will have a proponent in the Oval Office, and the federal Department of Education could be in existential danger after Tuesday's election. GOP education initiatives have been ...Politics - The Hill - November 7