From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
27 May, 2026, 02.40 PM IST
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
27 May, 2026, 11.33 AM IST
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation15 May, 2026, 07.35 PM IST
Quote of the day by American philosopher and professor Noam Chomsky: “There are no poor countries— only systems that have failed to manage resources.” — Is poverty really man-made? The hidden truth behind broken economic systems, wealth concentration, and growing inequality continues fueling global frustration and social instabilityQuote of the day by Noam Chomsky: The quote challenges the common belief that poverty is unavoidable. It argues that broken economic system...
15 May, 2026, 08.54 AM IST
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
08 May, 2026, 09.33 PM IST
Up to 15% of your paycheck gone? Government can take it without court — here’s whyStudent loan wage garnishment: Federal student loan defaults can lead to direct wage garnishment without court action, allowing up to 15% o...
24 Mar, 2026, 07.46 PM IST
Consumer debt crisis deepens: Americans are falling behind on credit cards, loans, and mortgages - is it time to worry?Americans now owe $18.6 trillion in household debt. United States consumer debt crisis is growing fast. Millions of borrowers are strugglin...
11 Nov, 2025, 08.51 PM IST
Student loan borrowers will have fewer repayment options as Senate passes big changes, millions likely to be impactedThe US Senate passed the "One Big Beautiful bill," impacting higher education significantly. The legislation revamps student loan repayment...
02 Jul, 2025, 10.55 PM IST
Trump’s plan to dismantle the Department of Education raises uncertainty over student loan managementAs President Donald Trump pushes forward with plans to dismantle the Department of Education, questions remain about the future of its fina...
07 Mar, 2025, 10.22 PM IST
Trump reverses Biden's Student Loan Forgiveness plan: Here's how it will affect millions borrowersThe 8th Circuit Court of Appeals ruling has blocked applications for income-driven repayment (IDR) plans, affecting millions of student loa...
04 Mar, 2025, 12.21 PM IST
As Biden's student debt agenda is in tatters, will it hurt Harris in the U.S elections?As US election 2024 nears, student debt relief agenda of President Biden suffers legal blows; dark clouds cast over financial future of mil...
16 Oct, 2024, 12.52 PM IST
Will the issue of student loan waivers influence the upcoming presidential elections in the US?Many respondents in a survey noted that the mounting student loans have emerged as a key election issue and their choices will be impacted....
21 Jun, 2024, 02.27 AM IST
Top-ranked US colleges all cost more than $55,000 a yearThe ranking comes from US News & World Report, which published its list of the top colleges for the 2022-2023 school year on Monday. Prince...
13 Sep, 2022, 02.31 PM IST
Joe Biden to extend student loan moratorium till AugustWhite House is again set to extend the student loan moratorium to allow borrowers to prepare well for the loan repayment. Borrowers will no...
06 Apr, 2022, 08.46 PM IST
Sri Lanka cancels school exams over paper shortageEducation authorities said the term tests, scheduled a week from Monday, were postponed indefinitely due to an acute paper shortage as Sri ...
21 Mar, 2022, 10.26 AM IST
Some on Wall Street say $1.2 trillion in student debt could trigger the next market crashHe thinks the federal government has loaned out too much money, about $1.2 trillion, to people who can't pay it back.
01 May, 2015, 08.58 AM IST
US Senate Democrats offer bill on refinancing of student debtDemocrats said their measure would let holders of both federal and private undergraduate loans - some with rates of up to 8% and 9% and mor...
15 May, 2014, 01.50 AM IST