Education
Scammers are making use of college student mortgage forgiveness as bait, FTC warns. Right here are recommendations to shield yourself
Critical Details President Biden introduced a approach to forgive up to $20,000 in federal college student personal debt for borrowers who received a Pell Grant and up to $10,000 for all those who didn’t, underneath specific earnings boundaries. Scammers will likely leverage the information to defraud unsuspecting debtors. This is what to know to prevent […]
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President Biden used university student personal loan reform to ‘push the thought that $15 should really be the bare minimum wage,’ pro states. Here’s how
Vital Factors President Joe Biden mentioned Wednesday that the federal government would forgive up to $20,000 in federal university student financial loans for each borrower. He also proposed reforms to money-pushed reimbursement designs. One particular improve with regards to “non-discretionary” revenue is joined to a $15 hourly minimum amount wage. The White Residence and numerous […]
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President’s student loan forgiveness program draws pushback from some lawmakers and customer groups
Important Details President Biden said Wednesday that the White Household would forgive up to $10,000 in federal scholar debt for each man or woman for most debtors, and up to $20,000 for Pell Grant recipients. Some client groups and lawmakers hailed the transfer whilst also declaring that far more help is needed. Source
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Biden cancels $10,000 in federal college student financial loan personal debt for most borrowers
President Joe Biden on the South Lawn of the White Dwelling on July 12, 2022. Chip Somodevilla | Getty Images News | Getty Pictures President Joe Biden announced Wednesday that he will forgive $10,000 in federal student financial debt for most borrowers, satisfying a marketing campaign pledge and providing economical relief to thousands and thousands of […]
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Former Obama White House aide Seth Andrew sentenced to year in prison for charter school theft scheme
Seth Andrew Wikimedia Commons Former Obama White House education advisor Seth Andrew was sentenced Thursday to a year-and-one-day in federal prison for a scheme to steal $218,000 from a New York charter school network he founded. Andrew, 43, also was fined $5,000 at his sentencing in U.S. District Court in Manhattan. He was arrested in […]
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How to buy your first car without going broke
Buying your first car after graduation (or while you’re still in college) can be tricky — especially at a time like this when prices are soaring. The average price of a new car was $46,000 in June and the average price of a used car was $28,000, both up more than 20% since the start […]
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The 4 most ‘recession-proof’ industries to work in, according to economists
Warnings about a looming recession have reached a fever pitch. Inflation continues to soar, causing chaos in the stock market, and companies are starting to prepare for the worst with layoffs, hiring freezes and, in some extreme cases, rescinding job offers. The sudden shift in labor market dynamics — after months of strong job prospects […]
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FDA bans Juul e-cigarettes as government pursues broader crackdown on nicotine products
The Food and Drug Administration announced Thursday that it will ban the sale of Juul e-cigarettes in the U.S. The decision is part of the agency’s broader review of the vaping industry following years of pressure from politicians and public health groups to regulate the segment as strictly as other tobacco products after vaping became […]
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Need to tap your 529 college savings plan soon? Here’s how to handle a stock market downturn
Klaus Vedfelt | DigitalVision | Getty Images Months of stock market volatility may deliver a costly surprise to parents sending children to school this fall: smaller-than-expected 529 college savings plan balances. The average 529 account size was $30,287 in 2021, according to the College Savings Plans Network, but families may now have lower balances, financial […]
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UK launches new visa for world’s top graduates — is your college on the list?
Graduates from the world’s top colleges, who are still early on in their careers, will now be able to apply for a short-term visa to stay and work in the U.K. From Monday, the U.K. government has said people who have graduated, in the last five years, from one of the eligible leading universities listed […]
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