Student loan borrowers should keep eyes on their accounts in the coming months as the Biden administration pushes forward with student loan relief initiatives. Following the Supreme Court’s block on Biden’s initial forgiveness program in 2023, the administration has continued to implement a series of programs to assist some of the 43.2 million borrowers struggling under America’s $1.6 trillion in
Student loan borrowers should keep eyes on their accounts in the coming months as the Biden administration pushes forward with student loan relief initiatives. Following the Supreme Court’s block on Biden’s initial forgiveness program in 2023, the administration has continued to implement a series of programs to assist some of the 43.2 million borrowers struggling
Black Mountain Town Manager Josh Harrold presented his recommended budget to Town Council at a special call meeting May 22. The $22 million recommended budget for the 2024-25 fiscal year marks a 14% increase of the adopted budget from fiscal year 2023-24 and a 6.3% increase of the amended budget. In his budget message, Harrold
Recent economic data has shown remarkable resilience to higher interest rates placed upon us by the Federal Reserve. Traditional economic theory would say the Fed rate is restrictive, but strong jobs reports and higher inflation says otherwise. These factors have crushed market expectations of interest rates dropping this spring. Some within the Fed have even
New Jersey’s 564 towns all levy property taxes and invariably receive backlash over the cost — not surprising, as the state boasts the highest concentration of the highest property tax bills in the nation. Its property tax rate on owner-occupied property as a percentage of home value leads the 50 states, according to a 2023
On Monday, President Joe Biden’s administration unveiled yet another student debt relief plan. It was the latest announcement from a presidency that will be remembered for student loan debt forgiveness, regardless of your place on the political spectrum. By this fall, more than 30 million people may benefit from the new proposals, which are supposed
Alaska is asking the U.S. Department of Education to waive a federal requirement placed on federal COVID relief funds after the feds alleged the state failed to pay $29 million to four urban school districts. At the center of the dispute: a hold—harmless provision designed to protect school districts with students from low-income families and
When New Jersey received more than $6.2 billion in pandemic relief funding from the federal government three years ago, major projects like eviction and homelessness prevention programs and small business grants were at topped the list of programs to receive benefits. But not everything that is expected to receive money is so clearly connected to