The Biden administration is canceling even more student debt. On Friday, the White House announced that an additional 277,000 borrowers will see their student loans eliminated, amounting to about $7.4 billion in forgiven debt. Those borrowers qualified for that relief because they were enrolled in one of the loan repayment or forgiveness programs the administration
WASHINGTON — The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness. The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan. More people are becoming eligible for student loan
With less than a month left in the legislative session, how Colorado funds its schools could change. Colorado hasn’t significantly changed the formula used to fund schools in three decades. Multiple attempts to change it have failed, but the duties of schools have changed radically during that time with schools enrolling children with significantly more
Like most automotive brands, the future of sports car brands like Ferrari (RACE) is defined by the advent of high performance electric-powered vehicles. Though rivals like Lamborghini can claim that their EVs will be an “emotional” experience, Ferrari is pouring in major amounts of money into actual key research for its electric future. Scientists at
WASHINGTON — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers, according to three people familiar with the plans, nearly a year after the Supreme Court foiled his administration’s first attempt to cancel debt for millions who attended college. Biden will detail the plan
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A pair of property tax measures on which Unicameral debate began last week would have slashed gross school and combined tax rates in Scottsbluff-Gering and Scotts Bluff County by one-third or more had they been in place for last fall’s “budget season.” It also would have meant simpler and more direct state property tax relief
LINCOLN — In the waning days of the Nebraska Legislature’s 2024 session, lawmakers are grappling with dwindling time and not enough funds for pet projects they’d like to see funded. Jim Macy, director of the Nebraska Department of Environment and Energy, testifies before the Legislature’s Appropriations Committee. March 13, 2023. (Paul Hammel/Nebraska Examiner) Lawmakers have about $20
Christmas has come early to the American taxpayers! One of the provisions of a recently passed tax law allows beneficiaries of certain education investments to perform a tax-free rollover to a Roth Individual Retirement Account (IRA) for their benefit. Why is this important? First, the excess education funds will be taxed to the beneficiary should
When faced with pleas to extend Connecticut’s free school meal program, leaders of the Appropriations Committee encouraged testifiers at a public hearing Tuesday to go back to their districts and tap into federal COVID relief funds. The committee chairs expressed resistance to H.B. 5510, a bill that would renew the $11.2 million program that has