Student debt articles
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Relief for students with $3b of HECS debt eliminated
More than three million Australians will have their student debt wiped, with an average deduction of $1200. Education Minister Jason Clare on Sunday announced the government would cap the Higher Education Loan Program (HELP) indexation rate, eliminating about $3 billion of student debt. The capped rate would ensure indexation matched either the Consumer Price Index […]
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Nearing Retirement With Student Loan Debt? What You Can Do
Many older adults will struggle with rising costs (health care and otherwise) and not enough savings. Here’s how they can manage lingering student debt.
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Biden forgives more than $6B in student debt for 317,000 defrauded borrowers
The latest round of forgiveness brings the total amount of relief given to student loan borrowers under the Biden administration to $160 billion for 4.6 million individuals.