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Student-loan borrowers can now apply to lower their monthly payments with 'the most affordable repayment plan yet,' Biden's Education Department says

Mon, 07/31/2023 - 10:35

Tech Insider : Economy, Politics

Joe Biden — President Joe Biden.
Tom Williams/CQ-Roll Call, Inc via Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Biden

A Gen Xer with $47,000 in student debt just got word his loans will finally be wiped out after nearly 3 decades of payments

Sun, 07/30/2023 - 06:15

Tech Insider : Economy, Politics

President Biden and Education Secretary Miguel Cardona — U.S. President Joe Biden is joined by Education Secretary Miguel Cardona (L) as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 in Washington, DC.
Chip Somodevilla/Getty Images

economy, politics, Policy

How Russia's war has reshaped Ukraine's economy

Fri, 07/28/2023 - 13:01

Tech Insider : Economy

Ukraine M142 HIMARS Bakhmut — Ukrainian troops fire M142 HIMARS rockets toward Bakhmut on May 18, 2023.
Serhii Mykhalchuk/Global Images Ukraine via Getty Images

economy, Markets, MI Exclusive, Brookings, russia economy, Ukraine, Ukraine War

Republicans want to cut food assistance for 5 million low-income babies and parents

Fri, 07/28/2023 - 12:16

Tech Insider : Economy, Politics

Mother nursery feeding bottle of formula milk to newborn baby in bed suffering from post natal depression — paulaphoto/Getty Images

economy, politics, WIC, snap, snap benefits, SNAP benefits cut, House GOP

How Harvard makes so much money — and why a major funding source could be at risk

Thu, 07/27/2023 - 15:43

Tech Insider : Economy, Politics

Harvard University campus — The campus of Harvard Business School and Harvard University, July 26, 2016 in Boston, Massachusetts.
Brooks Kraft/Corbis via Getty Images

economy, politics, Policy, Harvard, Affirmative Action, Endowments, legacy admissions

Some House Republicans want to hold up a major tax bill until it includes a big break for wealthy blue state residents

Thu, 07/27/2023 - 13:46

Tech Insider : Economy, Politics

Speaker Kevin McCarthy — Speaker of the House Kevin McCarthy.
Drew Angerer/Getty Images

economy, politics, Policy, SALT deduction, SALT relief, SALT 2017, Tax Cut

Student-loan borrowers should be able to achieve 'financial freedom' through bankruptcy, Elizabeth Warren says — especially with 'the looming threat of restarting' repayment

Thu, 07/27/2023 - 06:00

Tech Insider : Economy, Politics

Sen. Elizabeth Warren — SEPTEMBER 20: U.S. Sen. Elizabeth Warren (D-MA).
Kevin Dietsch/Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Bankruptcy

The Fed no longer thinks a recession will happen this year

Wed, 07/26/2023 - 15:34

Tech Insider : Economy, Politics

Jerome Powell — Federal Reserve Board Chairman Jerome Powell.
Alex Wong/Getty Images

economy, politics, Policy, Federal Reserve, Jerome Powell, Recession, recession 2023

A group of Democrats just relaunched an effort to ban legacy admissions and strip financial aid from schools that keep the practice in place

Wed, 07/26/2023 - 15:02

Tech Insider : Economy, Politics

Rep. Jamaal Bowman said he’s received “blowback” for his positions on Israel. — Rep. Jamaal Bowman.
Leigh Vogel/Getty Images for The Recording Academy

economy, politics, Policy, Affirmative Action, legacy admissions, Financial Aid, jamaal bowman

The Fed just showed the US still has more work to do in getting inflation under control

Wed, 07/26/2023 - 14:00

Tech Insider : Economy, Politics

Jerome Powell — Federal Reserve Board Chairman Jerome Powell.
Drew Angerer/Getty Images

economy, politics, Policy, Federal Reserve, Interest Rates, interest rate increase, Jerome Powell

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