Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Debt relief as Biden forgives billions in student loans

Published

on

Biden cancels $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year

After months of spirited debate, President Joe Biden has formally announced a federal student loan relief plan.

On Wednesday, the President said in White House remarks that the action is aimed at helping “families who need it the most.”

According to the details, borrowers who have loans with the Department of Education and make less than $125,000 a year are eligible for up to $20,000 in student loan forgiveness if they received Pell Grants for college.

Additionally, individuals who make less than $125,000 a year but did not receive Pell Grants are able to receive for $10,000 in loan forgiveness.

The Biden administration not only announced these plans but also said that undergraduate federal loans can cap their payment at 5% of their monthly income.

Another major initiative from the White House is news that they will extend the pandemic-era pause on student loan repayments until Dec. 31—just one final time.

Despite increasing the debt, Biden said he would ‘never apologize’ for helping the “middle class.”

During the afternoon address, the President also defended his administration’s move to restart frozen federal student loan payments at the end of the year, saying this is an “economically responsible course” that will prevent his targeted student loan cancellation from having a “meaningful effect on inflation.”

However, Senate Minority Leader Mitch McConnell slammed Biden’s announcement, saying that Democrats have “found yet another way to make inflation even worse, reward far-left activists, and achieve nothing for millions of working American families who can barely tread water.”

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

Continue Reading

News

Prince Harry, Meghan face backlash over Trump comments

Prince Harry and Meghan Markle face backlash for insulting remarks about Donald Trump.

Published

on

Prince Harry and Meghan Markle face backlash for insulting remarks about Donald Trump.

In Short

Prince Harry and Meghan Markle faced backlash for political comments about Donald Trump during a podcast, raising concerns about their ties to the British royal family. This incident reflects the ongoing debate over the role of public figures in political discourse and its potential impact on their credibility and public perception.

Prince Harry and Meghan Markle face backlash following comments aimed at former President Donald Trump.

Their remarks came during a recent podcast appearance, where they discussed political issues.

Some critics believe their comments were inappropriate for public figures, particularly given their ties to the British royal family.

The couple has previously expressed their political views, but this latest incident has stirred significant controversy.

Many royal commentators argue that such statements could jeopardise their credibility and relationship with the monarchy.

Continue Reading

News

Zelensky advocates for unified European military force

Zelensky calls for a united European army to effectively confront Russia’s aggression.

Published

on

Zelensky calls for a united European army to effectively confront Russia’s aggression.

In Short

Ukrainian President Zelensky has urged the formation of a unified European army to strengthen defence against Russia. He highlighted the importance of collaboration among European nations for enhanced security amid escalating tensions.

Ukrainian President Volodymyr Zelensky has called for the creation of a unified European army.

He stated that a collective military force is essential to effectively confront the ongoing threat posed by Russia.

Zelensky emphasised the necessity for Europe to enhance its defence capabilities.

He made these comments during discussions at a the Munich Security Conference

The current geopolitical climate has highlighted vulnerabilities within European countries that need to be addressed.

Zelensky pointed out that a co-ordinated military approach would strengthen the overall security of the region.

He believes a unified force would deter potential aggression and foster greater stability.

The President also noted that individual nations must collaborate more closely in their defence strategies.

Zelensky reiterated the importance of solidarity among European nations in securing peace.

Continue Reading

News

Australia battles rising antisemitic attacks and sentiments

Australia grapples with rising antisemitic attacks, prompting urgent calls for enhanced measures to combat hate and discrimination.

Published

on

Australia grapples with rising antisemitic attacks, prompting urgent calls for enhanced measures to combat hate and discrimination.

In Short

Australia is experiencing a rise in antisemitic attacks against Jewish individuals and institutions, leading to fears within the community. Authorities, community leaders, and advocacy groups are advocating for stronger action and education to combat this hatred and promote tolerance.

Australia is facing a significant increase in antisemitic attacks, raising concerns among communities and authorities.

Recent reports indicate that incidents targeting Jewish individuals and institutions have surged in various regions.

These attacks include verbal harassment, vandalism, and physical assaults, creating an atmosphere of fear and insecurity.

Recently, two healthcare workers in New South Wales have been fired after a video surfaced showing them making antisemitic threats online.

The footage, shared on TikTok, appears to have been recorded in a hospital setting.

In the video, a man claiming to be a doctor tells an Israeli content creator that he “sends Israelis to Jahannam,” an Islamic term for hell.

A woman then joins the conversation, saying she would refuse to treat Israelis and later adds, “I won’t treat them, I will kill them.”

NSW Health Minister Ryan Park called the remarks “vile” and confirmed that both individuals had been stood down immediately.

The spike in antisemitic behaviour is being attributed to multiple factors, including the global rise in antisemitism fueled by social media.

Continue Reading

Trending Now