The U.S. Department of Transportation Wednesday announced its first-ever Transportation Infrastructure Financing and Innovation Act loan for a transit-oriented development project. The loan marks the first of what’s likely to be several similar loans from the USDOT’s Build America Bureau, which supports transportation development with a variety of financing structures, including public-private partnerships and private
On March 13, 2020, then-President Donald Trump declared the nascent COVID-19 pandemic a national emergency. In April 2023, President Biden officially terminated the national emergency. Four years removed from the official onset of COVID-19, schools and students still face a host of pandemic-related symptoms, including stagnating test scores and stubbornly high chronic absenteeism. In other words, the pandemic is over, but the
Today, on Earth Day, U.S. Senator Brian Schatz (D-Hawai‘i) announced that the Hawai‘i Green Infrastructure Authority is receiving $62.45 million in grant funding from the Environmental Protection Agency to deliver solar power to low-income households across the state. The authority is a part of the State of Hawai‘i’s Department of Business, Economic Development and Tourism,
“Sure,” I said. “And not just me! I mean, Representative Bobby Scott says it’ll ‘be lifechanging for millions of student loan borrowers.’ AFT president Randi Weingarten says the president is determined ‘to remove the shackles of student debt’ in order ‘to improve people’s lives.’” My driver didn’t seem to share my bliss. “They chose to
For the second time this week, the Biden Administration announced it’s wiping out more student loans. More than a quarter million borrowers will get an email from the White House Friday telling them their debt is canceled, totaling $7.5 billion. But critics say the handout is unfair to those who paid off their loans and
The Biden administration on Friday said it’s canceling $7.4 billion in student debt for 277,000 borrowers, with the recipients scheduled to receive emails today to alert them to their loan discharges. The latest effort extends the debt relief provider under President Joe Biden after the Supreme Court last year blocked his administration’s plan for broad-based student
President Joe Biden on Friday called on Congress to fund the entire cost of rebuilding the Baltimore bridge that collapsed last week when a colossal cargo ship collided with it, killing six construction workers and suspending shipping activity in the port. “Everyone including Congress should be asking only one question… How can we help?” Biden
Photo: Eric Thayer/Bloomberg via Getty Images More than 43 million Americans — one in five adults — collectively owe more than $1.7 trillion in federal and private student loans. In recent years, the idea of the government forgiving federal student debt went from fringe to mainstream, with both Donald Trump and Joe Biden using emergency
The Biden Administration is disbursing $750 million of federal grant funds for electrolyzer and fuel cell production projects. getty The Biden Administration is pushing ahead with efforts to make carbon-free hydrogen a cheaper and more widely used form of clean energy, dispersing $750 million of federal funds to help companies and universities including Plug Power,
FORGIVENESS? THE BIDEN ADMINISTRATION ANNOUNCED EARLIER THIS WEEK THAT $1.2 BILLION OF STUDENT LOAN DEBT WAS CANCELED HERE IN PENNSYLVANIA. THAT MEANS 5600 BORROWERS WILL HAVE THEIR DEBT ERASED. BUT THIS IS ONLY POSSIBLE IF YOU’RE ENROLLED IN THE SAVING ON A VALUABLE EDUCATION PLAN OR SAVE. SAVE IS THE NEWEST INCOME DRIVEN REPAYMENT PLAN