debt

In the CARES money sent to SCCAP, there was some set to spend on their own organization. But a majority was required to be spent in the community. Riou said distributing it to area nonprofits who know the populations they serve was a good way to connect with service providers and ensure vulnerable populations are served.

City partners with SCCAP to support low-income families

Ethan Sandweiss

The city said in a press release that SCCAP will launch its debt relief program in the first quarter of 2024.

What recent Supreme Court decisions mean for students this Fall 

Nathan Moore

Join us this Friday as we will talk with guests about the Supreme Court’s rulings.  

Thousands of Hoosiers face utility debt and disconnection, according to data reported to the state’s utility customer advocacy agency.

Hoosiers in debt $46 million to state’s biggest utilities

Significant proportions of customers are in debt, with some facing service shut-offs.

In 2017, IU launched a platform called MoneySmarts U to provide financial information to students before, during and after college.

As debt continues to increase, experts say more conversation and education is needed

Nathan Moore

Experts say people aren't having the conversations or getting proper financial education that they need to help avoid debt.

The U.S. household debt total continues to increase 

Nathan Moore

Join us this Friday as we talk with experts about household debt in Indiana and what residents should know.

Student debt relief supporters and critics agree on one thing: student debt is a systemic failure 

Nathan Moore

Supporters and adversaries of President Biden's student debt relief plan say college tuition costs are to blame.

Pence Group, LLC, which owns the Bloomington Antique Mall had a $79,441 loan forgiven by the federal government.

Indiana reps criticize student loan forgiveness, had thousands in PPP loans forgiven

Ethan Sandweiss

Among prominent Indiana critics of student debt relief, several had tens of thousands in federal business loans forgiven last year.

In Indiana around 900,000 people have outstanding debt for higher education.

Nearly 300,000 Hoosiers could have their student loans canceled

Ethan Sandweiss

In Indiana, around 906,500 people have federal student loan debt. The average Indiana resident owes $28,522.

Joe Biden announced Wednesday his administration would forgive $10,000 of student debt for most borrowers and $20,000 for Pell Grant recipients

What will President Biden's student debt relief plan mean for Hoosiers?

Ethan Sandweiss

Indiana ranks above the national average for student loan debt at $32,874 per borrower, and, according to the U.S. News and World Report, IU Bloomington graduates can expect to borrow an average $19,500 in federal loans.