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Sep 16 2024EDUCATION

A Borrower's Plea: Supreme Court Rejects Biden's Student Debt Plan, for Now

The Supreme Court has put on hold the latest plan from the Biden administration to lower payments for millions of borrowers, pending the outcome of lawsuits making their way through lower courts. The plan aimed to provide a faster path to loan cancellation and reduce monthly income-based repayments

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Sep 15 2024PERSONAL-FINANCE

The Credit Card Debt Trap: 5 Dangers to Avoid in Today's High-Rate Environment

The thought of carrying credit card debt in today's high-rate environment is daunting. With average credit card interest rates nearly doubling over the last decade to nearly 24%, it's more important than ever to be informed about the potential consequences of letting your debt compound. If you're ap

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Sep 15 2024POLITICS

When the Hospital Sues: The Alarming Rise of Medical Debt in America

Medical debt has become a constant companion for many Americans, with 18% of the population struggling to pay off their bills. The situation is particularly dire in the southeastern states, where hospitals have merged, leading to increased costs and reduced competition. In North Carolina, where Terr

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Sep 13 2024EDUCATION

Navient's Abusive Past: A New Chapter for Student Loan Servicing

In a move hailed as a major victory for borrowers, the U.S. Consumer Finance Protection Bureau (CFPB) has proposed a permanent ban on Navient from directly servicing federal student loans. The agency claims that Navient has been "abusing" borrowers for years, forcing them into higher-cost repayment

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Sep 11 2024POLITICS

B. C. 's Economic Future: A Turning Point or a Red Flag?

As B.C. Finance Minister Katrine Conroy touts the province's economic resilience, doubts are being raised by watchdogs and business leaders alike. The good news? The province is attracting private investment and listening to business concerns. The deficit is ballooning, debt-to-GDP ratios are rising

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Sep 06 2024POLITICS

Is Washington Preparing to Bail Out a Struggling China?

China's economy is facing a crisis unlike any it has seen since opening up more than four decades ago. Over a million restaurants have closed, offices are emptier than during the pandemic, and property sales are down sharply. Duty-free sales in Hainan Island plunged 30% in the first seven months of

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Sep 06 2024EDUCATION

Student Loan Forgiveness: The Debt That Won't Disappear

Imagine this scenario: You're a bright-eyed student, eager to get your degree and start building the life you've always dreamed of. So you take out loans to attend a for-profit college that promises big things but delivers little more than mountains of debt and worthless credentials. Sound like a ni

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Aug 28 2024ENTERTAINMENT

Tasha K's Pregnancy: A Time for Celebration or Debt Jokes?

Tasha K, the gossip blogger known for her controversial comments on celebrities, recently announced her pregnancy. While some offered congratulations, others took the opportunity to criticize, bringing up her celebrity conflicts and lawsuits. Tasha K has had her fair share of legal issues, includi

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Aug 28 2024EDUCATION

Revolutionizing Higher Education: Embedded Associate Degrees for Debt-Free Students in Texas

The soaring cost of college education has left many students burdened with unmanageable debt, leading to a decline in the overall value of higher education. In response to this pressing issue, West Texas A&M University has unveiled a groundbreaking solution: 'embedded' associate degrees. This is

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