NEW YORK (TNS) — U.S. Sen. Kirsten Gillibrand declared her intent to codify the Saving on a Valuable Education (SAVE) Plan, which has already forgiven $63 million worth of student loans for New Yorkers, according to a written statement. The SAVE Plan was presented by President Joe Biden, and has been in effect since August
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
UNITED KINGDOM Lots of British people are hoping to see a tax cut in their payslips after the United Kingdom government announces its annual budget in March. The Prime Minister, Rishi Sunak, has said he wants to reduce the tax burden on workers, at a time when the country is paying more of the money
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The Dalton Finance Committee at a recent meeting agreed to shift $10.7 million in funding to renovation of the John Davis Recreation Center and to what City Administrator Andrew Parker called “a rather aggressive street resurfacing plan.” The Finance Committee is comprised of the members of the City Council. The funds that will be shifted
For financially strapped college students, it’s all in the timing. It’s National Tribal Colleges and Universities Week February 4-10 and the 30th anniversary of land-grant college designations. President Joe Biden has taken notice and action. For the first time ever, a presidential proclamation aims to make it easier for millions of Indigenous students to pay for college. Ahniwake Rose,
intech has revolutionized the way we manage money, access credit and invest. In Indonesia, where the fintech landscape is rapidly evolving, one critical area of focus is student loans. As students seek affordable financing for their education, fintech platforms have stepped in to address this need. However, this intersection of education and finance presents a
President Joe Biden is forgiving another $5 billion in student debt, bringing the total loan forgiveness approved by the administration to $137 billion. The relief came just one week after the last round of student debt cancellation for borrowers that took out less than $12,000 and have been in repayment for at least a decade.
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My dad wants to take out a mortgage and has tried, unsuccessfully, to have Sallie Mae release him as cosigner on my $153,000 student loan. What can we do?
I thought it was a federal loan because I believe they did both types of loans. I started paying back the $153,000 interest-only loan in September 2022, while my dad paid towards the principal and the balance increased. They removed the interest-only repayments after several calls were made regarding the balance not being reduced. My