President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers. The Education Department cancelled the debt for student borrowers who have made more than 120 monthly payments as part of its Public Service Loan Forgiveness (PSLF) Program, which incentivizes careers in public service —…
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President Joe Biden continues to address the student loan crisis, announcing today that 55,000 more public service workers have been approved for student debt cancellation. This brings the total number of borrowers receiving relief under his administration to nearly 5 million. The 55,000 public servants approved for debt cancellation today are workers who have dedicated…
By Reshmi Basu | Bloomberg Big Lots does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at risk of liquidation. The company said it continues to work toward completing an alternative transaction with Nexus or…
Newbury Street Ends Merger Agreement, Faces Liquidation Risk TipRanks Read the original article here
Move brings total in student loan forgiveness during Joe Biden’s term as president to $180bn, Education Department says. US President Joe Biden’s administration is cancelling student loans for another 55,000 people in the United States, amounting to $4.2bn in debt forgiveness just weeks before his time in office ends. The White House said in a…
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Big Lots store closings 2025: Retailer plans to close all stores Axios Read the original article here
Student-debt cancellation coming for public servants, Biden administration says MarketWatch Read the original article here
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, U.S. December 10, 2024. Kevin Lamarque | Reuters The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service. The relief is a result of fixes…