Dept. of Education Announces Changes to the Public Service Loan Forgiveness Program | Chicago Defender

Wakanda News Details

Dept. of Education Announces Changes to the Public Service Loan Forgiveness Program | Chicago Defender

Today, the U.S. Department of Education announced an overhaul of the Public Service Loan Forgiveness (PSLF) Program that it will implement over the next year to make the program live up to its promise. This policy will result in 22,000 borrowers who have consolidated loans—including previously ineligible loans—being immediately eligible for $1.74 billion in forgiveness … Continued

The post Dept. of Education Announces Changes to the Public Service Loan Forgiveness Program appeared first on Chicago Defender.

Source: Chicago Defender

You may also like

Billionaire Robert F. Smith Launches Student Freedom Initiative to Ease Student Debt at Historically Black Colleges

Robert F. Smith—the billionaire who pledged during a commencement speech last year to pay off the student debt of the Morehouse College class of 2019—is, according to time.com, launching a new initiative to help ease the burden of student loans at all HBCUs (Historically Black Colleges and

fave

Source: GOOD BLACK NEWS

Kenya: Logistics Firm Multiple Hauliers Faces Auction and Insolvency Attacks

[Nation] In 2017 Multiple Hauliers, one of Africa's largest privately owned logistics firms, seemed to be at its peak.

fave

Source: allAfrica.com

How The Pandemic Slowed Progress For Black Women’s Pay Equity

Many Black women, especially mothers, have had to take on coronavirus-related financial stresses as the sole or primary breadwinners of their households.

fave

Source: HuffPost - Breaking News, U.S. and World News | HuffPost-0

Kenya: China Halts Kenya Loans Amid Debt Reprieve Bid

[East African] China has frozen disbursements of active loans to Kenyan projects in the wake of differences over Nairobi's bid to extend debt repayment holiday to December.

fave

Source: allAfrica.com

Trust Fund clients get loan repayment ease - Barbados Today

Clients of Barbados Trust Fund Limited (BTFL) whose loans are in arrears due to decreased sales as a result of the COVID-19 pandemic, have been thrown a lifeline. General Manager Gerry Amos, other BTFL officials and resource persons introduced some of its clients to the RE RE – Restructuring and

fave

Source: Barbados Today - News You Can Trust.

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

fave

Source: La Focus Newspaper

The issue of debt

guest column:Eddie Cross THIS past Sunday, our church sermon was taken from Nehemiah Chapter 10 and focused on the instructions given to the tribes of Israel which had returned to Israel from exile in Babylon about 400 years before Christ. It is clear from this account that the leaders of the

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

Opinion | Should Student Debt Be Canceled?

… groups but disproportionately those, like African-Americans, who suffer a wide wealth … being punished. I am an African-American who went into debt to …

fave

Source: Unpublished Black History

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

fave

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

Black Farmers Will Receive Stimulus Aid After Decades Of USDA Discrimination

Denied USDA loans and grants for over a century, Black farmers will receive stimulus money. Black farmers won a class action discrimination lawsuit in the '90s, but many didn't get debt relief.

fave

Source: Stories About Black History

'A disgrace': eThekwini municipality only has a month’s cash on hand to render basic services

A source within the City's finance department reportedly said that the situation was expected to get worse.

fave

Source: South African News | Online News | The South African

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.

fave

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

Metropol CRB launches credit score app

Metropol CRB launches credit score app to ease loans restructuring

fave

Source: Business Daily

If a Stranger Offers you Student Loan Forgiveness, Hang Up - Voice and Viewpoint

By Anna Helhoski of NerdWallet Student loan scammers have a brand-new hook: 'Biden student loan forgiveness' or 'stimulus forgiveness.' Behind the pitch is the same old fraudster playbook, one that persuades federal student loan borrowers to pay for services they could get for free or to share

fave

Source: Voice and Viewpoint – Voice and Viewpoint Newspaper

Education Dept. Announces Changes To Student Loan Forgiveness

The Education Dept. announced changes to the federal student loan forgiveness program, allowing more America to get free of their education

fave

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

Africa: FCMB Emerges Best SME Bank in Africa

[This Day] First City Monument Bank (FCMB) has emerged as Best SME Bank in Africa and Best SME Bank in Nigeria at the Asian Banker Middle East and Africa Regional Awards on the 27th of August 2021.

fave

Source: allAfrica.com

Somalia: Norway Waives $1.8 Million Debt Owed By Somalia

[Dalsan Radio] The Norway government has pardoned the Somali government for $1.8 million following a bilateral agreement between Norway and Somalia.

fave

Source: allAfrica.com

US household debt soared to nearly $15 trillion last quarter | The Atlanta Voice

Americans have more debt than ever before. A surge in credit card spending and home purchases caused US household debt to increase by $313 billion, or 2.1%, in the second quarter, according to the Federal Reserve Bank of New York. That's the largest nominal jump since 2007 and the biggest

fave

Source: The Atlanta Voice

LETTERS: Digital lending has great potential in economy

While the government has proactively instituted a broad range of measures, it is important to highlight a few recent developments: the decision to revoke the right of digital lenders to report to the credit reference bureaus (CRBs), and the subsequent offering of what may become a constructive path

fave

Source: Business Daily

Gov’t and private sector should tread carefully with US development bank - Stabroek News

fave

Source: Stabroek News - Guyana's Most Trusted Newspaper

Newswire : Groups call for immediate implementation of Emergency Relief for Black Indigenous People of Color (BIPOC) Farmers and Ranchers on final passage of American Rescue Plan

On behalf of the Federation of Southern Cooperatives, Rural Coalition and many other organizations who support the groundbreaking Emergency Relief for Farmers of Color Act, we congratulate Senator Reverend Raphael Warnock (D-GA), Senator Cory Booker (D-NJ), Senator Ben Ray Luján (D- NM), Senate

fave

Source: Greene County Democrat | Serving Greene County Like No Other Newspaper

The Carr Report: Debt negotiation practices EXPOSED! | New Pittsburgh Courier

by Damon Carr, For New Pittsburgh Courier I recently received a phone call from a friend of mine. He was stressed out, confused and scared. He recently went through a divorce that resulted in him accumulating more than $60,000 in debts. As if the events leading up to the divorce

fave

Source: New Pittsburgh Courier - Powered by Real Times Media

Protection Extended for Stressed Indian Companies During Pandemic | The Florida Star | The Georgia Star

TAMIL NADU - The Indian government has extendedthe suspension of certain sections of the Insolvency and Bankruptcy Code by another three months until March 25, 2021. The code was initially suspended in June for six months due to the economic slowdown during the pandemic. Since many businesses have

fave

Source: The Florida Star

CariCRIS Reaffirms ‘Adequate Creditworthiness’ Ratings For Saint Lucia Government - St. Lucia Times News

Press Release:- Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the assigned ratings of CariBBB- (Foreign Currency and Local Currency Ratings) on its regional rating scale to the several debt programmes of the Government of Saint Lucia (GOSL). These ratings

fave

Source: St. Lucia Times News Online - Breaking News & Daily News

The USDA Is Set To Give Black Farmers Debt Relief. They've Heard That One Before

The U.S. Agriculture Department is sending aid for debt relief to struggling farmers of color beginning this month. But many Black farmers distrust the department after decades of failed promises.

fave

Source: Stories About Black History

Consumer advocates push President Biden in his first 100 days - Carolina Peacemaker

As President Joe Biden begins his term of office, the nation and much of the world are waiting and watching to see how his promises become policies and practices that relieve long-term and widespread suffering. In his January 20 inaugural speech, President Biden said, “The American story is about

fave

Source: http://www.peacemakeronline.com

Borrowers default 90pc of Spire Bank loan book

The deteriorating quality of loan book came in the period the six-month earnings moved from a net profit of Sh81.48 million to a net loss of Sh556.1 million.

fave

Source: Business Daily

Growth & Jobs | Focus on your financial health for the New Year

COVID-19 has disrupted the lives of many Jamaicans, making 2020 one of the most difficult years in recent history. The sudden disruptions caused by the public-health crisis have presented economic and social challenges with growing repercussions. “...

fave

Source: Jamaica Gleaner

Rwanda: Inside Rwanda's Rwf186bn Economic Recovery Fund

The fund will support businesses through loan restructuring for the tourism sector specifically hotels, providing working capital for businesses most affected by COVID-19 to keep them operational and avoid lay-offs as well as loan guarantee for SMEs and

fave

Source: allAfrica.com

Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth – Free Press of Jacksonville

NNPA NEWSWIRE — Charlene Crowell NNPA Newswire Columnist (Source: www.blackpressusa.com) - Although many officials have called for a ‘return to normal’, millions of small businesses and communities need something new instead. In Black America especially, the [...]

fave

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

More from Chicago Defender

The Chicago Defender Debuts “Stay Strong Chicago” Video

President and Mrs. Obama drop by Chicago Public Schools Town Hall

CHICAGO DEFENDER OF THE WEEK: Entrepreneur, Mimi Paino, Owner of Divinity Luxe Beauty Bar

Gov. Pritzker, Staff Isolate After Staffer Tests Positive for COVID-19

WELLS

LANE

BROWN

POWELL

BANKS

ORTIZ-RUIZ

WILLIAMS

City Colleges of Chicago to Award Students $12.7 Million in CARES Act Emergency Funds

Facebook Awards Black Press of America Publishers $1.3 Million in Relief Grants

Black Therapists on the Destigmatization of Mental Health Within the Black Community

Mr. Sonny Knows 5/13/20

Facebook Awards Black Press of America Publishers $1.3 Million in Relief Grants

Mayor Lightfoot and BACP Awards $5,000 Grants to Nearly 1,000 Chicago Microbusinesses Impacted by Covid-19

The & The Michigan Chronicle host

Blues Kids Foundation in partnership with The Music Center at Columbia College Chicago presents Fernando Jones’ 11th Annual International Blues Camp

Small Business Series: Three Black-Owned Beauty and Wellness Brands Everyone Should Know

Can You Refuse to Go to Work because of COVID-19?

Obamas, Oprah & Others Among Chicagoans Joining Librarians to Read Through “Live From the Library”

Joe Biden’s Plan for Empowering Black America

Mental Health and Me: A Discussion About Blackness and Mental Health

Earvin "Magic" Johnson's Equitrust Funds Over $100 Million in PPP Loans for Minority and Women-Owned Businesses

Becoming is a Personal Look into the life of Former First Lady, Michelle Obama.

NAACP Launches #WeAreDoneDying Campaign, Empowering Black and Brown Communities to Take Action Against Senseless Killings of African Americans

The Role of the Black Church During a Pandemic

COGIC drawing on strength, resolve to battle COVID-19

Oral Health Care during COVID-19

America's first pandemic

Imagining Breonna; Say her name...

We shouldn’t try to hold Biden hostage on black woman running mate

The Black Crisis in the Midst of the Coronavirus Crisis

How LEAP Innovations is Making Remote Learning Easier for Educators, Parents, and Students

AC Green on Saving Homes and What to Avoid with Banks During COVID-19

Gov. Pritzker Says He's Concerned About Fall Surge if Rules are Ignored

Love Is...

Oprah's COVID-19 Relief Fund Donates $5 million to Chicago

ABC 7 CHICAGO PRESENTS A VIRTUAL TOWN HALL, RACE AND COVID-19

United Airlines appoints First African American President

Clinical Research: On the Frontlines of Diversity and Inclusion

How a Clinical Trial Participant Became an Advocate for the Sickle Cell Community

Her Campus Media and #ImStillGraduating Give Back to The Graduating Class of 2020

Mr. Sonny Knows 5/20/20

RUMORS DEBUNKED! Historian and Scholar Dr. Conrad Worrill is in Great Spirits

City of Chicago kicks-off first-ever Summer Operations Center to Ensure Safe and Healthy Memorial Day Weekend Celebrations

State of Illinois Cancels Summer Events at McCormick Place Including Black Women's Expo; New Dates Scheduled for 2021

The City of Chicago is partnering with iHeartMedia Chicago’s 107.5 WGCI for Two Days of Virtual Entertainment to Encourage Residents to Stay Home

"In Their Own Words," Tells the Story of Chicago House Music from The Ones who lived it.

Blackfacts BETA RELEASE 11.5.3
(Production Environment)