May 16, 2024
Finance

Amid FAFSA crisis, Federal Student Aid chief Richard Cordray steps down

The top Biden official overseeing federal college financial aid has resigned, the Education Department said Friday, capping off a year of turmoil for students and universities.  Richard Cordray, the chief operating officer for Federal Student Aid, will step down at the end of June, officials said. The former head of the Consumer Financial Protection Bureau,

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Funds

TN lawmakers redirect maternal health funds to crisis pregnancy centers

Earlier this year, Tennessee Gov. Bill Lee proposed $3 million for a maternal health pilot program, aimed at addressing a pressing need to improve health outcomes for expectant mothers in a state ranked third worst in the country on maternal mortality issues. Now, the General Assembly will redirect that grant money to crisis pregnancy centers,

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Loans

Biden’s student loan forgiveness scheme will push inflation up again

My husband and I both work full time. We like our jobs, but we work hard. Our reward? Sending thousands of dollars to the federal government each year.  Much like millions of other Americans on Tax Day, we had to write a large check and send it off to the Internal Revenue Service.  It’s always painful

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Investment

Delivering for Maine with $450M investment

U.S. Sen. Angus King I have always said Maine is one big town connected by long roads. A town that looks out for one another in times of need and a community that works to improve one another’s quality of life. There are so many incredible organizations that help make this small town feel successful,

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Funds

Nessel accuses Chatfield of stealing political funds in criminal charges

Lansing — Attorney General Dana Nessel unveiled 13 criminal charges against former Michigan House Speaker Lee Chatfield on Tuesday, saying he had flagrantly misused nonprofit dollars to pay off his credit card and fund purchases at wineries and retail stores. Nessel’s office is also charging Lee Chatfield’s wife, Stephanie Chatfield, for her role in the

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Loans

Biden’s student loan forgiveness plan is exactly what Gen Z needs

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

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Loans

Gen Z wants to end student debt. You don’t get off that easy

My generation has a political problem. We gravitate toward quick fixes for massive problems that plague our country. The generation raised on instant gratification, to little surprise, is looking for the same in politics and government. On no other issue is this more apparent than the student loan crisis. Rather than targeting the root of

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Property

Banning homeless people from sleeping on public property is inhumane

Gov. Ron DeSantis signed a law that takes homeless individuals off Florida’s streets and places them in encampments monitored by law enforcement. The shortsighted law neglects individual circumstances and fails to adequately address the complex set of social, economic, legal and health issues that homeless people are enduring.  House Bill 1365 bans homeless people from

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Funds

What will it pay for?

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

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Finance

Can Donald Trump’s Truth Social deal solve his money problems?

WASHINGTON – Former President Donald Trump is facing money challenges as he contends with legal fights on multiple fronts while trying to raise cash for his bid to reclaim the White House. In a civil fraud case, Trump has been ordered to pay a half-billion dollar bond which his lawyers have called a “practical impossibility.”

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