Student Loans
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Biden to abandon student debt cancellation ahead of Trump taking officeThe White House expects to pull back unfinished rules across several agencies if there isn’t enough time to finalize them before Donald Trump takes office.U.S. News2 hours
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University students in N.S., P.E.I. facing highest debt in Canada: studyIn a Statistics Canada study citing amounts owed by students after their program's completion, graduates in the Maritimes experienced some of the highest repayment totals in 2020.EducationApr 24
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U.S. student debt automatically cancelled for 153K borrowers, Biden saysThe Biden administration has now canceled some US$138 billion in student debt for nearly 3.9 million people through executive actions, the White House said.U.S. NewsFeb 21
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Biden has a new plan for student debt relief. Will it survive legal test?It's known as the SAVE Plan, and although it was announced last year, it has mostly been overshadowed by President Joe Biden’s proposal for mass student loan cancellation.U.S. NewsJul 14, 2023
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Paying off student loans to become a lot easier for ManitobansManitoba unveiled a new system for borrowers to repay their student loans. It's part of an integrated effort with the federal government to streamline the process.CanadaJul 14, 2023
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The push for U.S. student debt relief is sputtering. Now what?A looming end to a freeze on loan repayments and a Supreme Court ruling on President Joe Biden's debt relief program has young borrowers feeling anxious, advocates say.U.S. NewsJun 12, 2023
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Why millennials in Canada are hardest hit by debt: ‘Living on the edge’On a per-population basis, millennials were 1.4 times more likely to file for insolvency than people in generation X aged 42 to 56, a study shows.MoneyMar 26, 2023
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Future of U.S. student loans forgiveness plan shaky after Supreme Court hearingWithout the loan relief promised by the Biden plan, the administration's top Supreme Court lawyer said, "delinquencies and defaults will surge."U.S. NewsFeb 28, 2023
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B.C. budget: Student loan maximums doubled, repayment terms easedB.C.'s 2023-2024 budget is doubling the maximum provincial student loan payout from $110 to $220 per week for individuals and upping the amount they can make before repaying loans.EducationFeb 28, 2023
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Nova Scotia student assistance recipients to get one-time grant of $550Nova Scotia residents who receive student assistance will get a one-time payment of $550 'to help post-secondary students with the rising cost of living.'CanadaNov 29, 2022
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