Tag: student loans
KfW interest rate rises to almost eight percent – number of student loans collapses
Berlin The market for student loans collapses: in 2022 the number of new contracts fell to a low of 24,000, in 2014 it was almost 60,000. This is shown by…
High interest rates cause demand to collapse
The state-owned KfW, which grants almost three quarters of the loans, has just raised the interest rate to four percent from 2023 – further interest rate increases are foreseeable. The…
Biden wants to partially cancel the debt of millions of college graduates
Joe Biden The US President announces debt relief. (Photo: IMAGO/UPI Photo) Washington In the USA, several million university graduates should no longer have to repay their debts to the state…
Debt relief as a midterm election issue
new York By the time Melissa Byrne graduated from the University of Pennsylvania in 2004, she was barely keeping track of her student loans. Liabilities totaled approximately $85,000 from private…
Bertelsmann Foundation calls for reform of continuing education
Continuing education for adults In Germany there is a lower rate of further training than in many other countries and as a result there is a worsening shortage of skilled…