SBS News in Filipino, Thursday 1 June

Here are today's top stories on SBS Filipino.

The rate of HELP indexation will rise from 3.9 per cent to 7.1 per cent, meaning the average debt is projected to increase by $1,700. The Higher Education Loan Program is tied to inflation, increasing proportionately in line with the consumer price index which has been rising. Credit: Image by Pham Trung Kien from Pixabay

Key Points

• More than 3 million people will see a big increase in the indexation of their university debt repayments from today.
• In the U-S, Senate Democrat and Republican leaders have pledged their support for passing the debt ceiling package.
• The United States and Europe are working together to create a voluntary code of conduct for artificial intelligence.