Aviram Vijh’s Post

President Joe Biden and the Biden-Harris Administration are rolling out plans to provide student debt relief to over 30 million Americans. This initiative aims to alleviate the financial burden faced by millions of borrowers, making higher education more accessible and equitable. https://lnkd.in/d4FVG7Vd #unpersonalfinance #financialplanning #StudentDebtRelief #BidenAdministration #HigherEducation #FinancialAlleviation #EquitableAccess #EducationReform

Universities Should Check Their Debt Documents for US Department Education-Centric Events of Default. Amended Financial Responsibility Regulations Effective July 1, 2024. 4. #EducationLaw #FinancialResponsibility #StudentAid #Regulations

How much does free cost? The Congress election manifesto doesn't seem to care. Be it one lakh rupees to every poor family, or one lakh rupees to every college pass-out, or waiving off nearly one lakh crore rupees of student loans - everything is pink and perfect like the sets of the Barbie movie. Except reality comes knocking soon enough, and someone boring has to whip out the calculator and compute the cost. To the exchequer and to the economy. And that boring someone is yours truly in the latest 43rd episode of The Bond Economist. So how much will fiscal deficit rise under a potential Congress rule? And how will that impact the economy? The video below is just an excerpt. For the full video, here's the YouTube link: https://lnkd.in/dwsY93kT And in the spirit of nothing being free, do hit subscribe to help me make this channel sustainable! #congressmanifesto #congress #bjp #rahulgandhi #modi #loksabhaelection2024 #indianeconomy #emergingmarkets #thebondeconomist Note: The information provided in this presentation are my personal views and should not be construed as the views or advice of my employer. My employer is not responsible in any manner and does not assume any liability or responsibility on your reliance with respect to the information stated here.

#Parents: Have you researched the TOTAL cost of all 4 years of the school your student is applying to? Do you know how you'll pay for it? Be smart & do your homework now - some schools cost less, which ultimately results in less #studentloan debt to repay after graduation.

🆕 When enacted, this rule has the potential to free millions of borrowers—from recent grads to Parent PLUS borrowers—from the crushing weight of the student debt crisis & unlock economic mobility for millions of workers & families. This proposal recognizes what Americans from all walks of life have known for decades—too often, higher ed does not deliver on its promise of economic mobility & financial stability, & borrowers & their families should not be sentenced to a lifetime of debt as a result. https://lnkd.in/evrh6FDn

The Biden/Harris and Harris economic plan for the USA: 1. Grow the USA debt by illegally paying off the dead beat Student Loan debtors 2. Grow inflation by increasing economy destroying Government spending 3. Grow a generation of those dependent on Government in lieu of growing personal accountability and responsibility 4. Grow inflation by increasing the cost of goods sold by significantly increasing corporate taxes

Vote buying is the new vogue it appears... Third time's a charm. Not entirely sure that 1 in 10 borrowers is enough to swing the election but there's little doubt the 90% who got nothing but the shaft, aren't likely to be persuaded. Few understand the scale of our 'For Profit' education system that simply suffers from the same tax reductions all our social and public services suffer from, all of course except our Military / National Insecurity budget. The figure of $1.7 Trillion is meaningless to the average citizen, who is comfortable with our annual Trillion Dollar deficit - due entirely to those with the gold making the rules, and (surprise! surprise!) keeping more and more of the gold. No mystery why Neoliberals are throwing alms to the poor before a particularly contentious election. The last time there was no plague to necessitate mail-in ballots, the 'Lesser of Two Evils' was judged to be THEIR candidate.

The key takeaways from the proposed changes to HECS-HELP - Yearly savings on repayments; - Increase in the threshold when repayments are required; Couple of important items to consider: - The loan will take longer to be repaid depending on each persons individual circumstances; - It is important that when you start working you advise your employer that you have a HECS- HELP Debt so that they deduct additional tax each pay period so you don’t end up with a rude shock when you prepare your return.

"This is the last in the 5-part series looking at how Sarah, a recent postgraduate who’s in her mid-20’s, with just over £40,000 student debt, learned to handle her personal finances." (K. Stephenson, 2023) Read more 👉 https://lnkd.in/gmCJ9skF #PersonalFinances #FinancialCoaching #Sharingthevoicesofcoaching