Category: Debt Relief

Trump eases student loan forgiveness for disabled veterans

poster=”https://static.politico.com/41/6e/723f5b7740109329faaf676aff61/trump-vets.png” true President Donald Trump on Wednesday directed the Education Department to more easily forgive the federal student loans owed by veterans with disabilities, making a move Education Secretary Betsy DeVos had resisted for months. Veterans and other student loan borrowers who are “totally and permanently” disabled are entitled under existing law to have their…

Thousands of California public sector workers sought student debt relief. Just 74 qualified – Sacramento Bee

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‘Coerced debt’ follows survivors of domestic abuse

The “coerced debt” that women leaving abusive relationships take with them can jeopardize their chances of starting fresh, research finds. Coerced debt is created when an abusive partner uses coercion or fraud to access credit in their partner’s name. For example, an abuser might force or threaten the victim to take out a loan or…

CBO jobs higher deficits starting in 2020 after bipartisan costs offer

As the Trump administration dismisses concern from some economists that the U.S. economy is heading for a recession, the Congressional Budget Office estimates the federal deficit will grow to $960 billion this year before climbing above $1 trillion in 2020 — two years earlier than a projection earlier this year. The non-partisan agency periodically publishes…

Why Oil and Gas Stocks Are in Rally Mode Today

The oil market is breathing a sigh of relief. What happened Oil and gas prices are moving higher today. The U.S. benchmark oil price, WTI, is up more than 2% to nearly $58 a barrel, while natural gas rallied more than 3% to around $2.50 per MMBtu. Those higher prices are helping fuel big gains…

United States deficit to exceed $1 trillion next year, report reveals

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Banks Worried Over New S. African Law Offering Customers Debt Relief

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Tribal people seek relief for crop damage

‘20 acres of land got flooded as Advalakatte got filled to the brim’ Nearly 20 tribal people and farmers from Haralahalli in Hunsur have urged the district administration to release compensation for crop damage owing to recent floods in the district. S. Sreekanth of Development through Education (DEED) and other activists said the local authorities…

DeVos issues new loan forgiveness rule for defrauded trainees

Education Secretary Betsy DeVos late Friday issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. Interested in Education? Add Education as an interest to stay up to date on the latest Education news, video,…

New CBO report approximates United States spending plan deficit will be more than $1 trillion by 2020

CLOSE The U.S. national debt and deficit have become buzzwords for the 2020 election. But what’s the difference? Just the FAQs, USA TODAYWASHINGTON – In a report released Wednesday, the nonpartisan Congressional Budget Office (CBO) estimates the federal budget deficit, or the difference between revenue and expenses, will exceed $1 trillion by 2020. The CBO says…