Black, Educated & In Debt

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Black, Educated & In Debt

College degrees often come with a huge bill that can take decades to pay back. In fact, approximately 45 million people in the United States collectively hold a whopping $1.7 […]

The post Black, Educated & In Debt appeared first on Essence.

Source: Black Women's Lifestyle Guide, Black Love & Beauty Trends - Essence

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Victims of Sparta earthquake still rebuilding two months after quake rocked mountain counties | Columnists

Victims of Sparta earthquake still rebuilding two months after quake rocked mountain counties | Columnists - Correct Success It wasnt like a hurricane or a twister the place you may…

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Source: The Black Chronicle

Bishop Yego loses bid to save prime city property auction

Bishop Yego, through his trading company Siro Investments, borrowed the money from Trans National Bank in 2014 to construct 50 apartment units on the property.

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Source: Business Daily

Jordan Brand President Craig Williams Announces 32 Full-Ride College Scholarships Given To Students In Need

The Wings Scholars Program presents this year's list of lucky recipients.

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Uganda: Shs44t Budget Passed

[Monitor] Parliament has approved a Shs44.7 trillion budget for the approaching financial year 2021/2022, following one month's debate on ammendments by the parliamentary committee.

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Source: allAfrica.com

RTPark to Lend V.I. Government Money to Tax Break Recipients

The tax-break granting entity the University of the Virgin Islands RTPark will start lending money from the V.I. government treasury to its tax break recipients who cannot get similar terms […]

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Source: St. John Source | independent and trusted since 1999

Fewer students seeking education loans - Barbados Today

The Student Revolving Loan Fund (SRLF) is reporting a decline in delinquency and fewer people seeking an education loan from that institution. In its financial statement for the year ending March 31, 2020, the SRLF said it saw a decline in loan approvals from $9.3 million from the previous year to

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Source: Barbados Today - News You Can Trust.

Securing the Keys to Homeownership | GreenPath Millennial Money | The Michigan Chronicle

Millennials have over $1 trillion in debt, the most of any generation in United States history. They’ve also had to work towards financial stability in an economy that has grown slower than any previous generation. The last “golden-era” of economic growth in the United States, the 1990s, saw high

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Source: Michigan Chronicle - Powered by Real Times Media

Zim diasporans launch party

BY EVERSON MUSHAVA/MOSES MATENGA A NEW political party formed by Zimbabweans in the diaspora, the Patriotic Zimbabweans (PZ), has proposed a financing strategy to revive the country’s deteriorating road, rail, aviation and health and sanitation infrastructure. The party has developed, as part of

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Source: NewsDay Zimbabwe - Everyday News for Everyday People

The Dime: Banks Have "Special Purpose Credit Loans" Just For Black Folks—But You Must Ask • EBONY

Black people have long been subjected to predatory lending practices and discrimination. Special purpose credit loans are part of the solution.

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Source: https://www.ebony.com

This Week’s Senate Calendar: May 17-21, 2021

Here’s what’s on tap at the V.I. Legislature this week.

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Source: St. Croix Source | online all the time since 1999

$3 trillion HEROES Act promises more COVID-19 relief

Introduced on May 12 by New York Congresswoman Nita Lowey, the HEROES Act had 11 co-sponsors representing the additional states of Arizona, California, Massachusetts, New Jersey, and Virginia and provides a broad assortment of new and renewed assistance targeted to essential workers, first

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Source: The Bay State Banner

Black Women Feel The Burden Of The Student Loan Crisis More Than Any Other Group

Though Black women are the most educated group in the United States, they are bogged down by student loan crisis and lower earning potential once they enter the work force.

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Source: MadameNoire

Zambia struggles to pay creditors but bondholders are showing little mercy - Face2Face Africa

Before COVID-19, Zambia issued three sovereign debt instruments: the first being a $750 million debt instrument with a 5.375% interest; the second, a $1 billion debt instrument with 8.5%, and the third, $1.25 billion with 8.9% interest. The interest payments on the debts are due on October 14 this

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Source: Face2Face Africa - The Premier Pan-African Voice

Department of Education Forgives Loans of 18,000 ITT Students

Thousands of former ITT Technical Institute students will have their loans forgiven by the Department of Education. Amounting to $500 million, the debt forgiveness will impact 18,000 students of the

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Source: Black Women's Lifestyle Guide, Black Love & Beauty Trends - Essence

Federal Lawsuits Allege Systemic Bank Lending Biases In COVID-19 Small Business Relief Program

While this legal process unfolds, the Center for Responsible Lending (CRL) estimated that as many as 95 percent Black-owned businesses stood no chance of securing a program

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Source: The New Journal and Guide

Bustas Person of the Week: ‘There’s a money-making idea in you and around you. Let’s activate it.’ - WS Chronicle

Busta's Person of the Week: ‘There’s a money-making idea in you and around you. Let’s activate it.’ The post Bustas Person of the Week: ‘There’s a money-making idea in you and around you. Let’s activate it.’ appeared first on WS Chronicle.

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Microfinance outfits take big COVID-19 hit

Many members are in need of liquidity support to remain viable, said Blossom O’Meally-Nelson, chairman of the Jamaica Association for Microfinancing

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Source: Jamaica Gleaner

Student loan payments suspended through the end of January 2021

The Trump administration on Friday suspended all federal student loan payments through the end of January and kept interest rates... View Article The post Student loan payments suspended through the end of January 2021 appeared first on TheGrio.

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Source: theGrio

Tanzania $15b Budget Banks On a Quick Economic Recovery

In his budget presentation in the capital Dodoma, Finance minister Philip Mpango said government evaluations show the country had not been too badly affected by the pandemic, allowing it to raise its growth forecasts and maintain a firm financing schedule for ongoing development

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Source: allAfrica.com

Black Student Loan Debt Should Be An Issue For All Of Us – Free Press of Jacksonville

Democratic candidate, Joe Biden, has put forward a student loan debt cancellation plan for people who earn $125,000 a year or

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Source: Free Press of Jacksonville – Florida’s First Coast Quality Black Weekly

Student Loan Refinancing for International Students Studying in The U.S. | PensacolaVoice Magazine 2021

Every year, the United States allows students from all over the globe to study atits top universities and colleges. The country is a global leader in higher education, as evidenced by the fact that around 1 million students from 193 countries head to the U.S. for higher education. Research shows

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Source: PensacolaVoice.com

Attending Trade School Is Often The Right Choice. - ThyBlackMan.com ThyBlackMan.com

The Democrat House Leaders, not to be outdone, pushed for $50,000.00 loan forgiveness. The post Attending Trade School Is Often The Right Choice. appeared first on ThyBlackMan.com.

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Source: ThyBlackMan

Microfinance outfits take big COVID-19 hit

The cash-rich microfinance sector has reportedly been hit hard by the economic fallout from COVID-19. Many members are in need of liquidity support to remain viable, said Blossom O’Meally-Nelson, chairman of the Jamaica Association for...

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Source: Jamaica Gleaner

Zambia nears default with bondholders set to refuse relief | Fin24

Zambia's request for an interest-payment holiday could make it the first African sovereign defaulter since the onset of the coronavirus pandemic.

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Source: https://www.news24.com

EA Cables spared liquidation over Sh285m default

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Source: Business Daily

President-Elect Joe Biden to Call on Congress to Forgive $10,000 in Student Debt | L.A. Focus News

Staff In response to the financial havoc wreaked on Americans due to the COVID-19 pandemic, reports are that one of Biden’s first acts in office will be to call on Congress to forgive $10,000 in student debt for all loan borrowers. Additionally, a staffer has said that the President-elect Biden

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Source: La Focus Newspaper

Bridging the credit gap for SME growth in Africa [Business Africa] | Africanews

The International Financial Corporation estimates that 65 million firms, or 40% of formal micro, small and medium enterprises in developing countries have unmet financial need every year.

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Source: Africanews | Latest breaking news, daily news and African news from Africa

RTPark to Lend V.I. Government Money to Tax Break Recipients

The tax-break granting entity the University of the Virgin Islands RTPark will start lending money from the V.I. government treasury to its tax break recipients who cannot get similar terms […]

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Source: St. Croix Source | online all the time since 1999

Author discusses new book on the history of student debt

Author discusses her book on the history of student loans -- and of missed opportunities that left students awash in debt.

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Source: Inside Higher Ed | Higher Education News, Career Advice, Jobs

KCB half year profit down 40pc on corona defaults

KCB did not declare an interim dividend, which has previously stood at Sh1 per share, with the move saving it Sh3.2 billion.

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Source: Business Daily

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