International
Students in America Lament Loan Burden
Americans are currently lamenting about the student loan burden which some students are kicking against.
If the United States Supreme Court had not overruled President Joe Biden’s programme to cancel billions of dollars in student debt, Satra D. Taylor, who borrowed $40,000 to complete her studies, could have seen that amount reduced by half.
Now the 27-year-old – who used the loan to study at the University of Michigan, supplementing a scholarship and other financial aid – is back on the hook for the whole sum.
“We created this unjust, inequitable, expensive, higher education system and so we need to redress it,” she told AFP, standing before the high court.
Biden’s forgiveness programme was meant to lift more than $400 billion in student debt weighing down the lives of millions of lower and middle-income Americans.
Certain borrowers would have been eligible to receive $20,000 in cancellations, while the vast majority were eligible for $10,000.
But the court overruled the programme Friday, stating that given the large sum, the president had overstepped his powers.
“Any American who wants to pursue higher education should be able to do so,” Taylor said.
“We have students now who have not acquired the generational wealth to pay for their cost of college, it needs to be debt-free,” added Taylor, who works for the youth advocacy group Young Invincibles.
Taylor said she was not surprised given the Supreme Court’s conservative majority, which on Thursday banned the use of affirmative action in university admission policies.
Taylor, who is African American, said the loan forgiveness decision was a setback for Black and Latino students who “would have disproportionately benefitted from this relief.”
“This is absolutely not only a social justice issue, but also a racial equity issue.”
– ‘Future generations’ –
Mina Schultz, 37, who borrowed approximately $65,000 for her studies, emphasized the impact student debt has on the entire economy.
When the pandemic hit and student loan repayments were frozen, it was “a blessing,” she told AFP from outside the Supreme Court.
People were “able to contribute more to the economy” by spending money elsewhere, whether on food as prices surged due to inflation or on things like rent, the George Washington University graduate said.
Schultz would have benefited from $10,000 in debt cancellation, which “would have been really helpful.”
That sort of money “is a huge deal to a lot of people,” said Schultz, who will be forking over some $340 per month when payments resume in several months.
Enjoying a seemingly debt-free life during the repayment pause, she was able to move out of her studio apartment and into a one-bedroom unit.
Nearby, Shanna Hayes, 34, could not contain her emotion as she spoke before several cameras: Her debt, originally $130,000, now exceeds $150,000 due to compounding interest that has accrued over the past 11 years.
“I ask you to remember that the student debt crisis impacts our grandparents, parents… children and future generations,” she told the reporters.
AFP
International
Zimbabwe’s Parliament Approves Bill to Extend Presidential Terms To Seven Years
Critics say the bill is a ruse for Mnangagwa to stay in power for longer, though its backers say it will strengthen accountability and foster political stability.
• Current President Emmerson Mnangagwa
Zimbabwe’s upper house of parliament has approved a bill to extend presidential terms from five to seven years, which will allow current President Emmerson Mnangagwa to remain in office until 2030.
75 senators voted in favour of the draft legislation while four voted against it, above a threshold needed for a two-thirds majority.
The bill, which also includes a provision for the president to be elected by parliament rather than by direct popular vote, will become law when Mnangagwa signs it.
Evidence that 83 years old Mnangagwa wanted to stay in power beyond the end of his second term in 2028 emerged about two years ago, when his supporters started chanting slogans at ZANU-PF rallies that he needed more time to complete his agenda.The ruling party last year resolved to change the constitution to prolong presidential terms, and the plan received cabinet backing in February.President Mnangagwa came to power after a 2017 military coup ousted longtime leader Robert Mugabe, who had been in power since independence in 1980.
Critics say the bill is a ruse for Mnangagwa to stay in power for longer, though its backers say it will strengthen accountability and foster political stability.
International
A powerful 7.2 magnitude earthquake strikes off northern Japan
The quake also mildly shook Tokyo, where Japanese Prime Minister Sanae Takaichi told reporters that her government’s emergency team is “putting people’s lives first,” while assessing information and preparing for relief operations, if needed
Photo: The wall of a building is seen partly damaged following an earthquake in Hachinohe, Aomori prefecture northern Japan, Thursday, June 25, 2026. (Kyodo News via AP)
A powerful earthquake struck off Japan’s northern coast on Thursday, the meteorological agency said.
The quake — off the eastern coast of the Iwate prefecture — had a magnitude of 7.2, upgraded from an initial reading of 6.9, the Japan Meteorological Agency said.
The quake had a depth of about 50 kilometers (30 miles), it said.
The U.S. Geological Survey also reported the quake, giving its magnitude as 6.9.
The temblor occurred in an area where strong earthquakes have repeatedly been reported in recent months, including one that triggered a weeklong mega-quake caution advisory in December.
Eight people were injured in northern prefectures of Aomori and Iwate, mainly from falling or being hit by falling objects, the Fire and Disaster Management Agency said.
The quake also mildly shook Tokyo, where Japanese Prime Minister Sanae Takaichi told reporters that her government’s emergency team is “putting people’s lives first,” while assessing information and preparing for relief operations, if needed
International
Venezuela earthquakes: Death toll hits 164 and 97 injured, says acting president
Footage on state TV showed three children, covered in dust but alive, pulled from the rubble in La Guaira state, which Rodríguez described as a “disaster zone” and one of the areas hardest hit by the quakes because of the large number of collapsed buildings.
Image credit : Associated Press (AP)
CARACAS, Venezuela (AP) — At least 164 people have died and 971 were injured after a pair of powerful quakes rocked Venezuela, Acting President Delcy Rodríguez said Thursday.
Wednesday evening’s 7.2 and 7.5 magnitude earthquakes were among the strongest to strike Venezuela in more than a century and could be felt throughout the region.
Buildings were evacuated in places as far away as Brazil’s Amazon, about 1,700 kilometers (1,050 miles) from Venezuela’s capital, Caracas.
Footage on state TV showed three children, covered in dust but alive, pulled from the rubble in La Guaira state, which Rodríguez described as a “disaster zone” and one of the areas hardest hit by the quakes because of the large number of collapsed buildings.
Rodríguez said authorities were shifting rescue teams from other parts of the country to La Guaira, which sits north of Caracas on the coast.
She said officials were trying to make the most of the daylight hours to speed up efforts to rescue people believed to remain trapped under the rubble.
-
News2 days agoRowdy Scenes as Court sends Sowore To Prison Pending June 30 Ruling
-
Opinions2 days agoAm I A Thief?
-
Crime2 days agoBREAKING: Terrorism: Sokoto High Court Impose Death Penalty on Three Including a Foreigner Arrested by DSS
-
Business2 days agoDangote Refinery Dismisses Claims of Fuel Re-Importation from Togo
-
Sports2 days agoVinícius Júnior scores 2 goals as Brazil beats Scotland 3-0 to win its World Cup group
-
Sports2 days agoNFF pledges wider access to CAF coaching courses across Nigeria
-
News2 days agoSupreme Court gets new Justice today., Joseph Oyewole
-
News1 day agoCOLLAPSE BUILDING UPDATE: Rescue Operation Underway at Satellite Town Building Collapse Site (Images)
