'Doom for forests': fears over new Cambodia land grants
Eam Orn kneels in a forest in northwest Cambodia, pressing his hands together before an offering of bananas studded with smoking incense, and prays for the return of his land.
Eam Orn kneels in a forest in northwest Cambodia, pressing his hands together before an offering of bananas studded with smoking incense, and prays for the return of his land.
Environment
Dec 22, 2023
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1
The Public Service Loan Forgiveness program, which the George W. Bush administration created in 2007 to encourage people to work for the government and nonprofits, has grown significantly during Joe Biden's presidency. The ...
Economics & Business
Dec 9, 2023
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3
Retailers' efforts to attract holiday gift buyers build to a crescendo this weekend as the "Black Friday" shopping day kicked off with big discounts.
Economics & Business
Nov 24, 2023
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1
After a three-and-a-half year pandemic-era pause, US federal student loans start accumulating interest again from Friday, with repayments set to cut the monthly take-home pay of millions of Americans by hundreds, and in some ...
Other
Sep 1, 2023
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1
With the Supreme Court's rejection of student loan relief in June, millions of borrowers are dealing with intense emotions of disappointment and resignation.
Social Sciences
Jul 13, 2023
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1
The Supreme Court has struck down the Biden administration's student loan forgiveness plan. In Biden v. Nebraska, the court ruled 6 to 3 on June 30, 2023, that the secretary of education does not have the authority to forgive ...
Education
Jul 3, 2023
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1
When it comes to how couples manage money, not everyone jumps to join their accounts.
Social Sciences
May 30, 2023
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12
On February 28, the Supreme Court of the United States will hear arguments in two cases challenging the legality of the Biden administration's student loan debt relief program, which, if it prevailed, would cancel about $400 ...
Economics & Business
Jan 30, 2023
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4
Over the past decade, there has been a growing debate about the value of student loans and the long-term impact of debt for those entering the workforce—particularly for students who struggled to complete their studies.
Economics & Business
Nov 28, 2022
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1
In the U.K., studies have repeatedly found evidence of accentism. Prejudice based on someone's way of speaking can affect people in the classroom, the office and beyond.
Social Sciences
Oct 17, 2022
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1
A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. Typically, the money is paid back in regular installments, or partial repayments; in an annuity, each installment is the same amount.
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.
Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
This text uses material from Wikipedia, licensed under CC BY-SA