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Olivia Fitzpatrick, 29, has $7,000 in student debt in Australia, but she's not too worried about it. Olivia Fitzpatrick, 29, has just over 10,000 Australian dollars, or about $6,790, in student debt — and even as a financial educator on social media, it's not a concern for her. If I started earning significantly more over the next year, I would consider paying off the debt just for the feeling of having no student debt and also more cash flow from working." She said she doesn't have any regrets about taking on student loans because it was a "great return on investment" for her. This is a dilemma American student-loan borrowers are all too familiar with.
Persons: Olivia Fitzpatrick, she's, , hasn't, it's, Fitzpatrick, Joe Biden's, Mehreen Organizations: Service, Higher, Higher Education Loan Program, Guardian, Greens Locations: Australia, Melbourne, America, New South Wales
Bank of America has announced a new class of 360 managing directors. Insider has the list of the 87 new MDs for the firm's Global Corporate and Investment Bank. It's managing director promotion day at Bank of America. On Thursday, the class of 360 managing directors across the firm were announced internally, up 15% from the 314 promoted in 2022.Insider has the list of the 87 employees who were promoted in the firm's Global Corporate and Investment Bank — the division responsible for dealmaking. That's down 17% from 105 new MDs last year in the division, likely a reflection of a difficult year in investment banking across Wall Street that saw revenues drop in excess of 50%.
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