Relief for students with $3b of HECS debt eliminated


by @MichaelWestBiz

@MichaelWestBiz— 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 […]

www.counterpunch.org—Debt Relief Still Feels Out of Reach for Many Students. College is expensive — and for most Americans, higher education is still largely unaffordable. The cost of college continues to rise at rates that salaries and income aren’t keeping up with. This is especially true for low-income and working-class students who must depend on alternative ways to fund their education like grants, scholarships, and — More

CNBC—Missed the last student loan forgiveness deadline? There may still be other options for relief. Some of the student loan borrowers who missed the April 30 deadline to qualify for quicker debt forgiveness may still be eligible for other relief options.

MYHIGHPLAINS—Business students at West Texas A&M University raise $13,000 for area charities, Texas Panhandle wildfire relief. West Texas A&M University business students recently raised $13,000 for several Texas Panhandle area charities including organizations that are connected to raising funds for wildfire relief after raging wildfires tore through the High Plains, WT officials announced.