Debt
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Business
Biden’s New Student Debt Repayment Plan Could Cost $475 Billion
President Biden’s new repayment plan for federal student loans will cost the government $475 billion over the next 10 years,…
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Business
Carvana, Used Car Dealer, Reaches Deal to Restructure Debt
Struggling used-car retailer Carvana on Wednesday reached a debt restructuring agreement with most bondholders to cut interest payments for at…
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Business
How Biden Might Try to Cancel Student Debt Again
President Biden said on June 30 that he would try again after losing a Supreme Court case over a plan…
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Business
How Much Debt Does China Have?
China, which lends nearly $1 trillion to about 150 developing countries, is reluctant to cancel the huge debt owed to…
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Cryptocurrency
Is the UK heading towards a sovereign debt crisis?
quick take The UK is currently facing a tough financial environment with alarming levels of household and government debt. Household…
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Business
Six Ways You Can Still Cancel Your Student Debt
There are still many ways to pay off student loans. Friday’s Supreme Court decision to suspend President Biden’s loan forgiveness…
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Business
U.S. National Debt Tops $32 Trillion for First Time
The country’s volatile fiscal trajectory was highlighted on Friday as Washington gears up for a new battle over government spending,…
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Cryptocurrency
US national debt nears $32 trillion, set to soar further by 2027
quick take According to USdebt Clock.org, on this day, June 14, 2020, the US national debt was about $26.3 trillion.…
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Health
Allina Health Pauses Policy of Cutting Off Care for Patients in Debt
Alina Health, a large Minnesota-based nonprofit healthcare system, has outstanding medical debt on Friday as it “reconsiders” its policy to…
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