Tag: Debt relief

EducationPolicy

Student Loan Forgiveness Processing Resumes Following Legal Settlement

The Department of Education has agreed to resume student loan forgiveness processing for millions of borrowers under multiple repayment plans. The settlement also provides crucial tax liability protection for those qualifying for debt discharge.

Major Breakthrough for Student Loan Borrowers

Millions of student loan borrowers have achieved a significant victory as the Department of Education has agreed to resume processing loan forgiveness that had been stalled, according to reports. The department also committed to protecting borrowers from potential tax liabilities associated with discharged debt, sources indicate.

by Carter Wells
BusinessTechnology

Private Equity Giants TPG and Blackstone Finalize Acquisition of Medical Tech Firm Hologic

Two of the world’s largest private equity firms are closing in on a major acquisition of medical technology company Hologic. The deal represents one of the most significant take-private transactions in the healthcare sector this year, according to sources familiar with the matter.

Major Healthcare Acquisition Nears Completion

Private equity firms Blackstone and TPG are reportedly finalizing a deal to acquire medical technology company Hologic in what sources indicate could be one of the largest take-private transactions of the year. According to people familiar with the negotiations, an announcement could come as early as next week, with both firms having agreed on terms and secured debt financing for the acquisition.

by Darren Holt
EconomyPolicy

Federal Agreement Resumes Student Loan Cancellation For Millions, Provides Tax Shield

The Department of Education has reached a settlement with the American Federation of Teachers to resume processing student loan forgiveness for millions of borrowers. The agreement also includes protections against tax consequences for those receiving loan discharges.

Legal Breakthrough for Student Loan Borrowers

Millions of student loan borrowers have secured a significant victory through a court-approved agreement between the U.S. Department of Education and the American Federation of Teachers, according to reports. The settlement resolves a legal challenge over processing delays that had halted loan forgiveness under multiple income-driven repayment plans.

by Darren Holt