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In US, student debt plan a relief to those struggling with loans

AFP

When Roman De La Cruz learned that some of his student debt could be forgiven, he breathed “a huge sigh of relief.”

The 27-year-old, who like millions of Americans borrowed heavily to finance his college education, worried he would have to live from one paycheck to another to pay back the $27,000 he owed.

But because he makes less than $125,000 a year, De La Cruz will see $10,000 wiped off his debt under a plan announced by US President Joe Biden on Wednesday.

“I was a little worried,” De La Cruz told AFP. “I was barely going to make it.”

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The debt forgiveness is intended to ease the burden on tens of millions of young Americans. US universities can charge anywhere from $10,000 to $70,000 a year, leaving graduates with a heavy burden as they start their careers.

De La Cruz, who graduated from Appalachian State University in 2019 and is now a geologist living in suburban Washington, estimates that his college education cost him about $55,000.

“I was mainly worried that I was going to have to live paycheck by paycheck. And no one wants to live that way,” he said.

The proposed debt relief falls far short of some Democrats’ goal of securing complete forgiveness, but is opposed by Republicans who argue that shaving any amount from loans is unfair to those who have already spent years saving to pay off their own debts.

There was also immediate debate over whether effectively giving millions of people a cash injection will stoke already rampant inflation.

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At Howard University in the US capital, students broadly welcomed Biden’s plan, but some want him to go further.

“I definitely think that college should be free,” said Amarie Betancourt, a 20-year-old journalism student.

– ‘Anxiety and hesitation’ –

Vivian Santos-Smith, who is studying political science, said debt weighs on students.

“It definitely does allow anxiety and hesitation,” the 20-year-old said. “I want to get a PhD, but on a side note, what I have to think about is how much money that education costs.”

Americans still in college are less directly affected by the debt forgiveness, but some could still benefit from it if their parents meet certain income requirements.

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On Howard’s campus, talking about debt is common among students, Betancourt said.

“A lot of us are struggling to pay tuition. People set up GoFundMe, people have to drop out, take semesters off,” she said.

Without a scholarship, a year of study at the university costs $40,000. With such a high price tag, Theodora Nkwogu, 19, has to borrow $15,000 per year.

“You do all this education and you kind of want, like, some assurance that it’s not going to waste and that you’re not going to be, like, completely broke when you leave college,” said the second-year student.

“When you graduate, it’s like you got your certificate, your diploma and you’re… done, and you’re going on to a career and moving on in life, but with the student loan, you’re still tied back to here.”

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International

Five laboratories investigated in Spain over possible African Swine Fever leak

Catalan authorities announced this Saturday that a total of five laboratories are under investigation over a possible leak of the African swine fever virus, which is currently affecting Spain and has put Europe’s largest pork producer on alert.

“We have commissioned an audit of all facilities, of all centers within the 20-kilometer risk zone that are working with the African swine fever virus,” said Salvador Illa, president of the Catalonia regional government, during a press conference. Catalonia is the only Spanish region affected so far. “There are only a few centers, no more than five,” Illa added, one day after the first laboratory was announced as a potential source of the outbreak.

Illa also reported that the 80,000 pigs located on the 55 farms within the risk zone are healthy and “can be made available for human consumption following the established protocols.” Therefore, he said, “they may be safely marketed on the Spanish market.”

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International

María Corina Machado says Venezuela’s political transition “must take place”

Venezuelan opposition leader María Corina Machado said this Thursday, during a virtual appearance at an event hosted by the Venezuelan-American Association of the U.S. (VAAUS) in New York, that Venezuela’s political transition “must take place” and that the opposition is now “more organized than ever.”

Machado, who is set to receive the Nobel Peace Prize on December 10 in Oslo, Norway — although it is not yet known whether she will attend — stressed that the opposition is currently focused on defining “what comes next” to ensure that the transition is “orderly and effective.”

“We have legitimate leadership and a clear mandate from the people,” she said, adding that the international community supports this position.

Her remarks come amid a hardening of U.S. policy toward the government of Nicolás Maduro, with new economic sanctions and what has been described as the “full closure” of airspace over and around Venezuela — a measure aimed at airlines, pilots, and alleged traffickers — increasing pressure on Caracas and further complicating both air mobility and international commercial operations.

During her speech, Machado highlighted the resilience of the Venezuelan people, who “have suffered, but refuse to surrender,” and said the opposition is facing repression with “dignity and moral strength,” including “exiles and political prisoners who have been separated from their families and have given everything for the democratic cause.”

She also thanked U.S. President Donald Trump for recognizing that Venezuela’s transition is “a priority” and for his role as a “key figure in international pressure against the Maduro regime.”

“Is change coming? Absolutely yes,” Machado said, before concluding that “Venezuela will be free.”

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International

Catalonia’s president calls for greater ambition in defending democracy

The President of the Generalitat of Catalonia, Salvador Illa, on Thursday called for being “more ambitious” in defending democracy, which he warned is being threatened “from within” by inequality, extremism, and hate speech driven by what he described as a “politics of intimidation,” on the final day of his visit to Mexico.

“The greatest threat to democracies is born within themselves. It is inequality and the winds of extremism. Both need each other and feed off one another,” Illa said during a speech at the National Autonomous University of Mexico (UNAM) in Mexico City.

In his address, Illa stated that in the face of extremism, society can adopt “two attitudes: hope or fear,” and warned that hate-driven rhetoric seeks to weaken citizens’ resolve. “We must be aware that hate speech, the politics of intimidation, and threats in the form of tariffs, the persecution of migrants, drones flying over Europe, or even war like the invasion of Ukraine, or walls at the border, all pursue the same goal: to make citizens give up and renounce who they want to be,” he added.

Despite these challenges, he urged people “not to lose hope,” emphasizing that there is a “better alternative,” which he summarized as “dialogue, institutional cooperation, peace, and human values.”

“I sincerely believe that we must be more ambitious in our defense of democracy, and that we must remember, demonstrate, and put into practice everything we are capable of doing. Never before has humanity accumulated so much knowledge, so much capacity, and so much power to shape the future,” Illa stressed.

For that reason, he called for a daily defense of the democratic system “at all levels and by each person according to their responsibility,” warning that democracy is currently facing an “existential threat.”

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