Tag Archives: relief

Biden has canceled almost $10B in student loan debt. What about bigger relief? President Joe Biden has shown an appetite for helping out America’s student loan borrowers. The U.S. Department of Education just reported that it has approved $9.5 billion in student loan discharges since January — lightening the burdens of 563,000 borrowers who now have more ability to increase savings, invest money and deal with other debts. If you haven’t been paying attention, you might even qualify for some… Source link

Small businesses in America can still capitalize on the pandemic stimulus program offered by the federal government, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman told Yahoo Finance in a new interview. “We still have billions of dollars in relief in our COVID idle program,” said Guzman, who began her term under President Joe Biden in March after serving as the Director of the California Office of the Small Business Advocate. The SBA initiatives —… Source link

In a big week for pandemic relief, Americans just got $20 billion in new aid Though politicians, researchers, advocates and everyday Americans have been calling for additional direct payments for most Americans, the government already is providing additional support for people struggling to make ends meet and deal with debt as the effects of the pandemic linger. More than $20 billion in COVID relief was paid out in the last week alone. Some of that may be on its way to you. $15 billion from the… Source link

This story has been updated to include a statement from the Education Department. The Pennsylvania Higher Education Assistance Agency (PHEAA) — a national student loan servicer that has been criticized for failing to forgive the debts of public servants — is planning to exit the federal student loan servicing business in December of this year. PHEAA, which administers the Public Service Loan Forgiveness (PSLF) program and operates as FedLoan Servicing, has notified the Education Department… Source link

WASHINGTON — Thursday’s announcement by the Centers for Disease Control and Prevention that people who are fully vaccinated against the coronavirus do not have to wear face masks in most indoor or outdoor situations was a landmark moment in the fight against COVID-19. But widespread relief was accompanied by confusion about what the new guidance will mean when applied to the real world. “These are just recommendations,” explained Yahoo News medical contributor Dr. Kavita Patel, who… Source link

Ariel Young (Tiffany Verhulst via GoFundMe) When it came to raising Ariel Young, the challenge was almost always the same — containing her, corralling her. She was 5 years old and full of life, a free spirit always looking to run and play. Big smiles. Bigger energy. Ariel was joy; personified. She was en route, all who knew her agreed, to one heck of a life. Today she can’t walk. She can’t talk. She is fed via a gastrostomy tube that connects into her stomach. When her mother, Felicia… Source link

The House of Representatives passed President Biden’s $1.9 trillion stimulus plan on March 10. The legislation, called the American Rescue Plan, will head to the president’s desk for his signature on Friday in a final step before becoming law. While most Americans are focused on getting their $1,400 stimulus checks, it’s the extension of the child tax credit in the relief legislation that really stands out as revolutionary policy, according to Pamela Stone, professor of sociology at… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

The Guardian Biden hails ‘giant step’ as Senate passes $1.9tn coronavirus relief bill Republican opposition holds through marathon ‘vote-a-rama’Speaker Pelosi has said measure should be law by 14 March Joe Biden makes remarks from the White House on Saturday. Photograph: Erin Scott/Reuters Joe Biden hailed “one more giant step forward on delivering on that promise that help is on the way”, after Democrats took a critical step towards a first major legislative victory since assuming… Source link

The Senate passed President Joe Biden’s $1.9 trillion stimulus package on Saturday, sending the amended bill back for a vote in the House followed by the president signing the legislation. The Democratic-controlled Senate voted 50-to-49 to pass the “American Rescue Plan” through reconciliation. Because some provisions were amended in the Senate, the legislation must go back to the House that passed an earlier version of it last week. Read more: Here’s what to do if you haven’t gotten your… Source link