Byju’s parent company, Think & Learn, has reportedly taken an unsecured loan of Rs 300 crore from Aakash Educational Services. According to a report by Moneycontrol, the loan has been taken for “principal business activities”. It has been granted at an interest rate of 7.5 per cent. Aakash is a wholly-owned subsidiary...
President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel Cardona listens in the Eisenhower Executive Office Building on Oct. 17, 2022, in Washington, D.C. Alex Wong/Getty Images hide caption toggle caption Alex Wong/Getty Images President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel...
A half-a-dozen states attempting to shut down President Joe Biden’s student debt forgiveness plan say their future financial losses are enough to permanently block the plan that would cancel debt for millions of Americans, according to court documents filed Tuesday. The six conservative states – Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina – argued the president lacks the...
Loan servicers are overwhelmed with calls from applicants seeking to meet an Oct. 31 deadline for taking advantage of temporary changes to a long-troubled aid program.#Deadline #Nearing #White #House #Plans #Wider #Public #Service #Student #Loan #Relief Source link
Politics Administration’s plan to permanently streamline debt relief for teachers, nurses and others comes as mass loan-cancellation plan hits legal challenges #Biden #Cement #Overhaul #Student #Loan #Forgiveness #Program #Public #Service #Workers Source link
About 40 million Americans with student debt are now in limbo following an appeals court’s stay on Friday that has blocked President Biden’s student loan forgiveness program. Already, 22 million people have applied to the program — designed to forgive as much as $20,000 in student debt per borrower — since the application went live...
Porquenostudios | Istock | Getty Images For those with student debt, the last few months may have given you whiplash. First, President Joe Biden said in August that he’d be forgiving up to $20,000 for millions of borrowers. But before much celebrating could happen, Republicans brought a slew of challenges to the policy, leaving it...
Should I have received my California inflation relief check? Back in July California Gov. Gavin Newsom unveiled his $12 billion relief effort, known as the Middle Class Tax Refund. Newsom said the program is designed to “get dollars back into the pockets of millions of Californians grappling with global inflation and rising prices.” The distribution process began...
Comment on this story Comment The Biden administration is moving “full speed ahead” in preparing for the implementation of its plans for widespread student debt forgiveness, Education Secretary Miguel Cardona said Saturday, a day after a federal appeals court temporarily blocked the loans from being immediately canceled. Cardona called lawsuits seeking to block President Biden’s...
Banks walk the extra mile to woo depositors#scorecard #Banks039 #loan #growth #outpaces #deposits #huge #margin Source link