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May 06 2025EDUCATION

The Student Loan Debt Collection Resumes: What You Need to Know

The Department of Education has restarted the collection process for overdue federal student loans. This move affects around 5. 3 million borrowers who are currently in default. The pause on collections, which began in March 2020 due to the COVID-19 pandemic, is now over. This means that borrowers w

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Apr 22 2025EDUCATION

Student Loans: The Clock is Ticking

After a long pause, the Education Department is set to restart the collection process for overdue student loans. May 5th is the date when the hammer will drop. Borrowers who have fallen behind might soon find themselves dealing with debt collectors or being signed up for income-based repayment plans

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Apr 22 2025EDUCATION

The Shift in Student Loan Repayment

The Education Department is set to resume debt collection for defaulted student loans starting May 5. This move affects approximately 5. 3 million borrowers who are currently behind on their federal student loans. The decision marks the end of a three-year pause on collections, which began during th

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Apr 12 2025POLITICS

The Economic Rollercoaster: Trump's Tariff Tantrums and the Looming Default

The market was shaken up by Trump's back-and-forth on tariffs. By the time trading ended, stocks had regained some lost ground, but the damage was already done. Interest rates spiked, business activity slowed, and the specter of a recession loomed larger. The chance of a U. S. default crept up to 6%

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Apr 10 2025POLITICS

Wayne County's Path Forward: A Look at Recent Wins and Future Plans

Wayne County is making big moves. The county executive, Warren Evans, recently shared his vision for the future. He highlighted some impressive achievements and laid out plans for even more progress. The focus is on making life better for everyone in the county. The county has been on a roll. F

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Apr 09 2025FINANCE

Investors Ditch U. S. Bonds Amid Trade War Fears

The U. S. economy is facing a tough time. Investors are losing trust in it. They are selling off government bonds. This is happening because of worries about Donald Trump's tariffs. These tariffs are taxes on goods coming into the U. S. from other countries. They went into effect recently. This has

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Apr 05 2025POLITICS

Congress Faces Tough Choices Over Budget and Taxes

In the early hours of a Saturday morning, the Senate, led by Republicans, gave a green light to a revised budget plan. This plan is a big deal for President Trump's plans for the country. The vote was close, with 51 senators voting yes and 48 voting no. This budget plan is about more than just numbe

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Apr 04 2025POLITICS

The Senate's Budget Battle: A Clash of Priorities

The U. S. Senate has kicked off a heated debate over a massive budget plan. This plan is all about pushing forward a multitrillion-dollar package that aligns with the president's agenda. The vote was close, with 52 Republicans voting yes and 48 Democrats voting no. Only one Republican, Rand Paul, br

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Mar 21 2025FINANCE

Nigeria's Private Sector: The Key to Tackling Debt and Boosting Business

Africa's most populous nation, Nigeria, is grappling with a significant national debt. This is not just a government issue. It also affects the private sector, which is crucial for the economy. The private sector is the engine of growth. It creates jobs and drives innovation. However, it faces many

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Mar 18 2025POLITICS

Germany's Budget Breakthrough: A New Era of Spending?

Germany's political landscape is buzzing with a recent vote. The Bundestag has approved a significant change to the country's debt rules. This move is set to reshape how Germany handles its finances. The Greens, CDU/CSU, and SPD joined forces to make this happen. It was a surprising turn of events,

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