In battle over debt relief, United States and Europe debate grants vs. loans
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This post summarises the current position on grants and loans for full-time students in higher education in Scotland, and the background to it. Background (i) Fees and other payments The Scottish Government funds the whole tuition cost for almost all first-time, full-time Scottish and EU st...
If a consumer decides to pursue debt consolidation, credit counseling or bankruptcy, what should they look for in the companies and professionals they hire to help them? What are some red flags vs. signs of trustworthiness and effectiveness?
If you have credit card debt that you are working to pay off If credit cards make you nervous, just use cash. If you believe that all debt is bad, even for the remainder of the month, just use cash. There is no one-size-fits-all answer here, just know that it’s not wrong to...
In the United States, around 40 million people currently hold student debt. This is a population that is greater than that of many countries. While, over the last 14 years, the average salary for young people has decreased by 10%, student debt has increa
The federal government has approved 60 per cent debt forgiveness for broadcast stations owing it in Nigeria, to cushion the effects of COVID-19 on the industry. The Minister of Information and Culture, Lai Mohammed, announced this on Monday in Abuja at a media briefing on the government’s ...
Debt Relief Programs In August 2022, the Biden administration attempted to cancel up to $20,000 in student loan debt for borrowers withPell Grantsand $10,000 for other borrowers at a cost of $430 billion. On June 30, 2023, the Supreme Court struck down this plan in a 6-3 decision. ...