With $25,000 in debt, Toledo expected $20,000 to be wiped away, allowing him to pursue life plans such as buying a home and starting a family. Cesar Toledo, along with millions of other borrowers, had hoped to have a significant portion of his student loan debt forgiven under President Biden’s student loan forgiveness program However,…
The SAVE Plan offers lenient terms, allowing borrowers to avoid accumulating interest as long as they make regular payments. The Biden administration’s proposed student loan repayment plan, known as the SAVE Plan, is gaining attention after the Supreme Court rejected the Biden plan It also reduces monthly payments to $0 for many borrowers and cancels…
In fact, the latest analysis reveals that the overall expense of this aspect of Biden‘s plan could be twice as much as initially anticipated. The U.S. Supreme Court’s potential rejection of President Joe Biden’s proposal to forgive up to $20,000 in federal income-based student loan repayment may not spare taxpayers from additional financial strain Under…
White House press secretary Karine Jean-Pierre made a point that the Biden Administration has been making money for the past years and that inflation remains still high not because of the $6 trillion spending of the current administration but because of the high profit during the pandemic. The White House press secretary Karine Jean-Pierre asks…
President Joe Biden implored U.S. companies to stand by their jobs hiring practices that advantage applicants from particular racial groups. The ruling of the court is against discriminatory race-based processes in American life, including corporate Jobs Hiring President Joe Biden reminded American corporations not to abandon their jobs hiring practices that choose job applicants…
The Sacramento Native American Health Center expanded a multidisciplinary healthcare clinic in south Sacramento, an area where a shortage of primary care doctors. Sacramento Native American Health Center wants people to have access to quality primary care services Sacramento Native American Health Center invested in the South Sacramento community. The hospital would like to…
Finally, there is cause for celebration for Social Security beneficiaries: on Wednesday, the projection for the rise in benefits for the following year was slightly raised, despite the government’s claim that inflation continued to decline in June. After peaking at 9.1% in June 2022, annual inflation dropped to 3% in June from 4% in May….
The biggest US banks’ profit lines suffer as consumers fail on loans totaling billions of dollars. The Financial Times reports that JPMorgan Chase, Bank of America (BofA), Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley show up having written off a total of $5 billion in funds in Q2 of the current year as clients…
A famous economist weighed in on the current discussion about de-dollarization and cautioned that the US dollar’s value is decreasing. According to Paul Gruenwald, the global head economist at rating agency S&P Global, the dollar “don’t have half the attraction that it used to,” he stated at a conference in London on Tuesday. According to…
According to a recent forgiveness proposal unveiled by U.S. President Joe Biden and the Department of Education, most student loan borrowers may be eligible to have a portion of their debt forgiven. The Saving on a Valuable Education (SAVE) plan, which is the greatest economic repayment plan ever made, was finalized by the Biden-Harris administration…