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Washington Post

Education inspector general calls on agency to process backlog of student debt relief claims
Washington Post
The U.S. Department of Education's inspector general issued a report this week urging the Office of Federal Student Aid to take action on tens of thousands of debt forgiveness applications languishing at the agency. [Pressure mounts for Betsy DeVos to ...
U.S. Stops Cancelling Debt for Defrauded Students: Report | FortuneFortune
Debt relief for defrauded students halted under Trump, says reportBBC News
67000 Defrauded Students Await Debt Relief — DeVos Has Approved NoneStudent Loan Hero (blog)

all 21 news articles »


New York Times

Sri Lanka, Struggling With Debt, Hands a Major Port to China
New York Times
NEW DELHI — Struggling to pay its debt to Chinese firms, the nation of Sri Lanka formally handed over the strategic port of Hambantota to China on a 99-year lease last week, in a deal that government critics have said threatens the country's ...

and more »


How I Ditched Debt: A Wish List Kept Her Going
NerdWallet (blog)
What do you do when you have a master's degree in performance studies, and you can't find a job — but badly need one because you have tens of thousands in student loan debt? After months of unsuccessful job-hunting in New York City, Melanie Lockert ...

and more »


Bloomberg

Erik Prince to Partner With Mozambique's Hidden-Debt Companies
Bloomberg
Blackwater Security founder Erik Prince plans to partner with three state-owned Mozambican companies at the center of a hidden-loan scandal that resulted in the country defaulting on its debt this year. Prince, chairman of Hong Kong-based Frontier ...

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Bloomberg

Teva's Working With Evercore to Review Debt Options
Bloomberg
Seeking ways to pay back almost $35 billion in debt, Teva has been selling assets, closing factories and firing employees in recent quarters following an ill-timed $40.5 billion acquisition in the generics industry. The company was forced on Nov. 2 to ...

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Puerto Rico's hurricane damage derails debt repayment plan
Marketplace.org
Nearly three months after Hurricane Maria hit Puerto Rico, recovery is still slowly underway on the island. And underneath it all, one question persists — what to do about the island's debt. At one point President Donald Trump said it would have to be ...

and more »


FederalNewsRadio.com

Treasury eyes TSP's G fund as stopgap way to avoid debt ceiling
FederalNewsRadio.com
The Treasury Department will have to take extraordinary measures, including borrowing from the Thrift Savings Plan's G fund, for the next few months in order to keep the federal government from defaulting on its debts. As the federal government comes ...
Waiting for Congress, Mnuchin Makes 2nd Emergency Debt MoveVoice of America
US Treasury adds cash management measures due to debt limitReuters
Mnuchin Makes 2nd Emergency Debt MoveDTN The Progressive Farmer (blog)
FedSmith.com
all 20 news articles »


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Bulgaria Seizes Enough Bitcoin to Pay Off 1/5 of National Debt
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
Following an undercover bust of an underground crime network, Bulgaria has seized enough Bitcoin to settle a fifth of its national debt. According to ZeroHedge, the Bulgarian crime enforcement agency and the Southeast European Law Enforcement Center ...

and more »


MarketWatch

How a natural born spender paid off $24k in debt in 15 months
MarketWatch
Anna Newell Jones considers herself a “born spender” whose desire for the latest fashions and gadgets landed her in debt. When she got married in May 2009, she had a big secret — she owed nearly $24,000 in credit card debt, student loans and money ...



New York Times

Carrying a Load of Debt and Pain, and Determined to Get Stronger
New York Times
There is no clear cure for all that ails Kristian Hidalgo. Two years ago, he began experiencing a bombardment of health issues, including joint pain, aches and fatigue. He learned they stemmed from three conditions: rheumatoid arthritis, fibromyalgia ...


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