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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

Merengue concert turns to mourning as Jet Set collapse claims 136 lives

Dominican rescue teams will end search and recovery operations on Wednesday, April 9, 2025, at the Jet Set nightclubin Santo Domingo, where the building collapsed during a live concert.

Authorities estimate that the final 20 bodies will be recovered from the rubble today, bringing the official death toll to 136. This includes 12 additional bodies found overnight in the disaster zone, adding to the previously confirmed 124 fatalities.

Outside the collapsed nightclub, desperate relatives of the missing continue to gather, clinging to hope for news. Many also visited nearby hospitals and morgues in search of their loved ones.

A list of confirmed victims has been posted on a tent set up near the site, where the bodies are being transferred for identification.

The tragedy occurred during a performance by renowned merengue singer Rubby Pérez, who was among the deceased.

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Central America

Colombia to host fourth EU-CELAC Summit in November

The Fourth Summit between the European Union (EU) and the Community of Latin American and Caribbean States (CELAC) will take place on November 9 and 10 in Santa Marta, Colombia, according to a joint statement released Wednesday by the Colombian government and the European Council.

The summit will be co-chaired by Colombian President Gustavo Petro, in his role as pro tempore president of CELAC, and European Council President António Costa, the statement added.

The last EU-CELAC summit took place in July 2023 in Brussels, when both blocs agreed to hold these meetings every two years.

The summit brings together the 27 EU member states and the 33 CELAC countries, representing 14% of the global population, 21% of global GDP, and one-third of the members of the United Nations, the communiqué noted.

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International

Russia and US to Meet in Istanbul for Diplomatic Talks on April 10

The Kremlin confirmed today a forthcoming meeting with the United States to discuss the normalization of diplomatic relations, which will take place in Istanbul.

“Our participation will be through the Ministry of Foreign Affairs,” said Dmitry Peskov, the presidential spokesperson, during his daily telephone press conference.

Peskov was responding to a question about who would represent Russia in the new round of negotiations, which is supposedly scheduled for April 10.

Subsequently, the Ministry of Foreign Affairs confirmed that the delegations will be led by the Russian ambassador to the U.S., Alexandr Darchiev, and the U.S. Deputy Secretary of State, Sonata Coulter.

These are the same negotiators who met in late February in Istanbul, where the expert-level negotiation format was the same, according to the source.

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Russian Foreign Minister Sergei Lavrov had said a few days ago that the next meeting would be held in the Turkish city, though he did not confirm a date.

Lavrov, who participated in only one of these meetings, clarified that the upcoming discussions would address the issues still dividing Moscow and Washington diplomatically, referring to the operations of both countries’ embassies.

The Kremlin asserted that Washington has not yet responded to Russia’s security concerns, preventing a ceasefire declaration on land, sea, and air.

Meanwhile, Trump expressed discontent with Russia’s recent attacks, including one last week that killed 20 people in Krivi Rig, the hometown of Ukrainian President Volodymyr Zelensky.

So far, Russia has rejected a cessation of hostilities and only declared a 30-day ceasefire on March 18 against attacks on energy infrastructure, which was extended by Kyiv a week later.

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