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JD Supra: Cancellation of Debt Income: The Qualified Real Property Business Indebtedness Exception
JD Supra· 3 days agoThis is the second in our series of alerts on taxable cancellation of debt income. When debt is cancelled or discharged, the
Court Allows Biden Student Loan Forgiveness Initiative, Handing Borrowers A Big Victory
Forbes· 5 days agoA federal appeals court has upheld the dismissal of a legal challenge to a key Biden administration...
Michael Hudson: Modern (Mis)interpretations of Ancient Debt Cancellation | naked capitalism
Naked Capitalism· 4 days agoModern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks
Student loan debt in NC among highest in US, study shows: What to know about loan forgiveness
Asheville Citizen-Times· 2 days agoA recent study showed that N.C. is among 10 states with highest student loan debt per borrower....
Biden Touts His Student Debt Relief, but the Crisis Demands Much More
The Nation· 5 days agoPresident Biden wants you to know that he has been trying to cancel your student debt. Since last...
Survey: How Student Loan Debt Disrupts Grads' Finances
Market Watch· 4 days agoWith the average borrower owing nearly $40,000, about 66% of recent grads with loans say the U.S. has a student debt crisis. Student debt disproportionately ...
There's a Program to Cancel Some Private US Student Loans. Most Don't Know About It. - Slashdot
Slashdot· 6 hours agoEight U.S. senators complain the loan discharge process remains "burdensome and confusing" — and most students don't even know it exists. Navient, a large owner of private student loan
Watch: Education secretary says more student debt relief is coming
theGrio via AOL· 7 days agoTheGrio’s “The Hill with April Ryan” caught up with Secretary Miguel Cardona after the administration announced $7.7 billion more in debt cancellation.
There’s a Program to Cancel Private Student Debt. Most Don’t Know About It.
The New York Times via Yahoo News· 3 days agoMore than 1 million borrowers who were defrauded by for-profit schools have had billions of dollars...
Borrowers Stuck in Student Loan Limbo During Processing Pause
CNET· 5 days agoAfter several years of dizzying loan servicer changes and debt relief program overhauls, the Public...