Tag: Finance News
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CollegeAmerica Faces $130 Million Student-Loan Relief Over Misrepresentation of Education Benefits
The Biden administration will allocate $130 million in student-loan relief to 7,400 individuals after the U.S. Department of Education exposed widespread misrepresentation of education benefits by CollegeAmerica’s parent company, the Center for Excellence in Higher Education, which has since shut down the three Colorado campuses. CollegeAmerica students who attended the college’s Colorado campuses between 2006…
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Denver Universities Brace for Student Loan Changes
In a matter of weeks, federal student loans will resume accruing interest, and millions of borrowers will face their first student loan payment in three years. The financial aid office at Denver Universities is closely monitoring the developments regarding student loan forgiveness It is taking measures to ensure that students comprehend the implications of the…
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Facebook Parent Meta Earnings Outperform The Market As Ads Revives
As the digital advertising business revived, Facebook parent Meta outperformed the market expectations for quarterly sales earnings last Wednesday. Facebook parent Meta beat market prospects for quarterly earnings as the digital ad business revived Facebook parent Meta informed the public of $7.8 billion profit on $32 billion in Facebook parent Meta revenue during the…
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President Biden Student Debt Forgiveness Programs: $130M Debt Of Students In Colorado College Will Be Canceled
The Biden administration announed last Tuesday that the new Student Debt Forgiveness Programs will cancel $130 million in federal debt of more than 7,000 students who went to a Colorado college. Student Debt Forgiveness Programs: It’s not the first time the administration implemented it President Biden said that these borrowers must avail themselves of…
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Department Of Justice And Equality Proposes A Rule Ensuring Americans With Disabilities Can Access Online Services And Apps, Biden Approves
President Biden proposed a new rule introduced by the Department Of Justice and Equality last Tuesday that aims to improve online services accessibility to tens of millions of Americans with disabilities. The Department of Justice and Equality introduced the new rule Department of Justice and Equality introduced the proposal during the 33rd anniversary of…
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Black Borrowers to Benefit as Biden Administration Announces $39 Billion Student Debt Cancellation
An estimated 804,000 student loan borrowers are set to collectively receive $39 billion in federal loan debt cancellations in the upcoming weeks. The Biden Administration’s latest initiative to tackle the nation’s overwhelming trillion-dollar student debt crisis has brought relief and joy to Black borrowers and advocates These unprecedented debt cancellations are made possible by systemic…
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President Biden Proposes New Rules To Compel Best Health Insurance Companies To Expand Mental Health Coverage
This week, President Joe Biden announced that his administration proposes new rules to push the Best Health Insurance companies to increase their mental health treatment coverage. Best Health Insurance Companies must deliver mental and physical health benefits equally The new regulations for Best Health Insurance Companies, which still need to pass through a public…
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Flying Electric Cars Revolution Takes Off: Alef Aeronautics Secures Pre-Orders to Sell Groundbreaking Vehicles through Car Dealerships
Having obtained legal approval for its innovative flying electric cars to operate in the United States, Alef Aeronautics has achieved another milestone by securing pre-orders to sell these futuristic vehicles through traditional car dealerships, a groundbreaking development. The future of transportation is rapidly approaching as Alef Aeronautics, a pioneering company in the field of flying…
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Student Debt Forgiveness Programs: More Than 26,000 Michigan Residents Are Eligible
Fixes to the federal student debt forgiveness programs mean 26,980 Michigan resident borrowers are qualified to get their debt erased. The new Student Debt Forgiveness Programs will make borrowers closer to debt forgiveness Last week, the Department of Education released state-by-state data on how many borrowers will qualify for Student Debt Forgiveness Programs or…
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Biden Admin Erases $130 Million in Student Debt for 7,400 Colorado College Students
President Joe Biden expressed his concerns, stating, “These borrowers were lied to, ripped off, and saddled with mountains of debt.” The Biden admin announce that it will be canceling $130 million in federal debt for 7,400 students who attended CollegeAmerica in Colorado This move marks another instance of the Biden admin forgiving federal loans for…