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Biden Plan

Biden Plan: $39 Billion Student Loan Forgiveness Announced, Faces Opposition from Senator Grassley

As per the U.S. Department of Education‘s announcement, a staggering $39 billion has been allocated for automatic loan forgiveness, benefiting a substantial 804,000 individuals. In a significant move by the Biden Administration, the long-anticipated “Biden Plan” has been set into motion, aiming to alleviate the burden of student loan debt for hundreds of thousands of…

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Wastewater Project

Whitewood City Council Approves $4.15 Million Wastewater Project to Enhance Treatment Facility

The wastewater project aims to improve the city’s wastewater treatment facility, addressing the inadequacies of the current system and accommodating the expected population growth. Whitewood City Council gave the green light to a crucial wastewater project during their Monday night session The resolution, approved by the council, allows the city to apply for financial assistance…

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Decentralized Finance (DeFi)

Proposed Bill Seeks to Tighten Regulations on Decentralized Finance (DeFi)

With the increasing popularity of DeFi, regulatory authorities worldwide are turning their attention to this domain. The United States Senate has recently embraced a proposed bill aimed at imposing stricter regulations on the rapidly growing sector of Decentralized Finance (DeFi) Concerns surrounding potential money laundering and illicit financial activities within DeFi have prompted calls for…

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Individuals above 50 would be Forced to Work by New SNAP Policy to Maintain Food Benefits

The majority of media attention was given to congressional conflicts during the current resolution to the long-brewing debt ceiling problem. The Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, was changed as part of the final debt ceiling legislation passed on June 2, despite being mostly overtaken by senate speeches. The updated SNAP…

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Missouri sales tax will be waived in back-to-school sales tax holiday

Back-to-school consumers can take advantage of the Missouri sales tax cut. A new modification for Missouri’s annual back-to-school sales tax holiday this year will waive Missouri sales tax at both the state and local levels. Previously, towns could impose Missouri sales tax over this special weekend. The Missouri Legislature approved Senate Bill 153 in 2021, which eliminated…

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Biden Administration: Student Loan Debt of More Than 19, 000 Hoosiers Will be Forgiven

Under the Biden administration’s $39 billion debt relief plan, more than 19,000 Hoosiers who borrowed federal student loans will have their remaining debt forgiven. This is supported by the new US Department of Education data, which revealed the number of borrowers who qualified for automatic loan relief and was made public on Tuesday. The change is part of a…

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Illinois Student Loans

ISL Education Lending To Offer College Students In Illinois Low-Cost Student Loan Program

ISL Education Lending will offer Illinois college students a low-cost student loan program. ISL Education Lending Will Provide Low-Cost Student Loan Program to Qualified College Students in Illinois ISL Education Lending aims to provide affordable loans to Illinois college students from low-income families under a low-cost loan program, wherein ISL Education Lending will partner with…

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Student Debt Payments

Student Debt Payments: Understanding the Differences Between Subsidized and Unsubsidized Loans

Federal loans, known as Stafford Loans, cater to the cost of higher education. As the pandemic-era pause on student debt payments and interest draws to a close, attention is drawn to the disparities between two types of debt: subsidized and unsubsidized loans Direct Subsidized Loans, designed for undergraduate students with financial need, do not accumulate…

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