You Searched For "economic relief payment" and got 20 results
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2 mins read
A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief
The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…
Ayelet Sheffey
3 mins read
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
3 mins read
2 St. Louis residents are suing the city's basic-income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
St. Louis is giving low-income families $500 monthly, but a lawsuit aims to block the guaranteed-ba…
Allie Kelly,Noah Sheidlower
2 mins read
Stimulus checks spurred nearly 50% declines in pandemic-era food shortages and financial worries, study shows
The checks' deliveries even coincided with improved mental health, with recipients reporting drops …
Ben Winck
2 mins read
Student-loan payments will resume this year — and it could happen with or without debt relief
The Supreme Court wrapped up arguments on student-loan forgiveness, and payment resumption now depe…
Ayelet Sheffey
2 mins read
It's a 'grave mistake' for Biden to resume student-loan payments without first giving borrowers debt relief, 179 advocacy groups say
After the Supreme Court struck down broad student-debt relief, Biden is still planning to resume pa…
Ayelet Sheffey
3 mins read
Americans used most of their stimulus checks for saving and paying off debt, Fed study shows
If a second round of payments goes out, Americans expect to save more of the cash and use slightly …
Ben Winck
2 mins read
Over 156 million stimulus checks have gone out from the latest stimulus - fulfilling a key 100-day goal for Biden ahead of schedule
Roughly 25 million direct payments went out in the latest batch, the IRS said, amounting to $372 bi…
Ben Winck
2 mins read
Biden's new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like
Biden's administration released its first set of draft rules for its new student-loan forgiveness p…
Ayelet Sheffey
1 min read
Biden economic advisor pushes back against restricting eligibility for stimulus checks
Some in Congress are debating whether to restrict eligibility for stimulus payments to lower-income…
Joseph Zeballos-Roig
3 mins read
Joe Biden suggests the Senate could split days between a Trump impeachment trial and passing another coronavirus relief package
"My priority, first and foremost, is to get the stimulus bill passed and, secondly, begin to rebuil…
Joseph Zeballos-Roig
2 mins read
Stimulus checks were delivered faster to wealthy white households than Black and Hispanic families, study says
Where 59% of families with income below the poverty level received their payments, 78% of those ear…
Ben Winck
2 mins read
Bernie Sanders was initially 'hesitant' to work with Josh Hawley to push for stimulus checks: book
In December 2020, Sanders pushed for another $1,200 stimulus payment for Americans and was joined i…
John L. Dorman
3 mins read
The stimulus-plan compromise backed by top Democrats scraps a fresh wave of $1,200 direct payments that economists want
A group of 127 economists said in a late-November letter that the absence of new payments could pro…
Ben Winck,Joseph Zeballos-Roig
4 mins read
Moderate Republican senators signal opposition to Biden's economic rescue package, jeopardizing speedy passage of $1,400 stimulus checks
Rising resistance among Republicans against the stimulus package is creating a path laden with obst…
Joseph Zeballos-Roig
3 mins read
Mitch McConnell says the GOP backs a 2nd round of stimulus checks in its coronavirus relief bill
McConnell's comment brings Republican legislators in line with the Trump administration and Democra…
Joseph Zeballos-Roig,Ben Winck
4 mins read
Biden's White House fears canceling student debt will drive inflation even higher and that restarting loan payments might help avoid that
Biden is set to soon make a decision on broad student-loan forgiveness. Some economists fear the mo…
Ayelet Sheffey,Ben Winck
2 mins read
Republicans in Congress are starting to oppose Biden's $1.9 trillion economic rescue package, dampening odds of smooth passage for new stimulus checks
"Blasting out another $2 trillion in borrowed or printed money.. would be a colossal waste and econ…
Joseph Zeballos-Roig
3 mins read
The student-loan payment restart is about to put pressure on an already-fragile economy
Student-loan payments were paused for over three years, and the economy survived without them. That…
Ayelet Sheffey
2 mins read
Some student-loan borrowers have just 2 months left to benefit from temporary debt relief. Here's what they need to do.
The Education Department expects to finish up student-loan borrowers' account adjustments by July. …