Tag: Finance News
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New York City Mayor Violates The Federal Fair Housing Act For Decades
New York City Mayor violated the Federal Fair Housing Act by promoting segregation in affordable housing. New York City Mayor violated the Fair Housing Act or the Human Rights Law The New York Mayor violated some laws after vaguely promoting segregation in affordable housing. After eight years of lawsuits by the Anti-Discrimination Center, the…
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Biden Administration Pushing SAVE Plan After The Student Forgiveness Loan Rejected
The Biden administration is pushing the SAVE Plan as their next initiative for student loans after the Supreme Court rejected the Biden Student Loan Forgiveness Plan. But will the SAVE Plan hold up in court? The Biden administration calls SAVE Plan a student loan safety net Opponents of the Biden administration call the SAVE…
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NY: Underserved communities will largely benefit from a $665 million federal fund for high-speed internet.
In a letter to Gov. Kathy Hochul this week, a group of New York State legislators urged her to give underserved communities priority when allocating $665 million in high-speed internet funding from the federal government. Sen. Tom O’Mara (R-Big Flats) stated, “I think Elmira and the surrounding areas (underserved communities), particularly our rural areas that have…
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With $20 billion available from the ‘green bank’, clean energy projects will be the priority of President Biden.
The Biden administration announced on Friday that $20 billion from a federal “green bank” will be made available for clean energy projects like home heat pumps, EV charging stations, and community cooling centers. The White House said that two clean energy projects, each worth $14 billion and $6 billion, will provide nonprofits, community development banks, and…
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Here’s Why UC Berkeley Student Is Not Disappointed With Biden’s Student Debt Relief Plan Getting Rejected
Here are the reasons why a UC Berkeley student was not disappointed with Biden’s student debt relief plan getting rejected. UC Berkeley Student with Student Loans Claims Biden’s Debt Relief Plan Will Harm Student Loan Borrowers A UC Berkeley student with almost $8,000 in student loans stated that she was not disappointed after learning that…
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New Enrollment in Biden’s Student Loan Forgiveness Plan Offers Relief for Borrowers
Starting this summer, individuals will have the chance to enroll in a fresh repayment plan, offering much-needed relief. In the wake of the Supreme Court’s rejection of President Biden’s previous attempt to cancel student loans, a new enrollment has emerged for millions of Americans President Biden‘s new enrollment initiative, dubbed the SAVE plan, aims to…
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New Plan For Student Debt Cancellation To Provide Relief To Eligible Low-Income Loan Borrowers
A new plan for student debt cancellation will provide relief to eligible low-income loan borrowers following the original plan’s rejection. New Plan for Student Debt Cancellation Coming to Eligible Low-Income Loan Borrowers Following the rejection of the administration’s original plan for student debt cancellation, a new plan for student debt cancellation aiming to provide debt…
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Democratic Plan to Make Student Loan Forgiveness a Key Issue in Coming Political Season
The recent Supreme Court ruling against the White House’s plan to forgive student loan debt has prompted President Biden and his fellow Democrats to launch a concerted effort to keep the issue in the spotlight throughout the upcoming political season. The Democratic plan kicks off next week with a hearing on Biden’s “Plan B” for…
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Student Loan Forgiveness Leaves Borrowers Disappointed as Program Gets Struck Down
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,…
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Biden Plan for Student Loan Repayment Takes Center Stage After Supreme Court Ruling
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…