The Biden administration will place about 3 million student loan borrowers enrolled in its new repayment plan in forbearance while it defends the program in court. Those who have signed up for The Saving on a Valuable Education, or SAVE plan, and have a monthly payment above $0 will not owe anything on their debt for the time being.
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Jonathan Rigsby, an Uber driver, has written a memoir about the dark reality of rideshare work. Many weeks it was a challenge for him to make his modest goal of $250 a week. There was one week when, after expenses, he brought home just $80. "The uncertainty eats away at you," he said. But many of his passengers also stick with him, like the mother who he drove to a liquor store after she almost lost her son to a drug overdose. Read our entire interview below.
Uber driver made just $80 one week: 'Uncertainty eats away at you'
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Food insecurity has worsended considerably over the last year, as pandemic-aid relief dried up. 17 million households in the U.S. struggled with affording food in 2022, up from around 13.5 million in 2021. Experts warn these numbers present a new public health crisis.
Another public health crisis: 1 in 8 U.S. households struggle with food insecurity, government report finds
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Annie Nova reposted this
Had a blast reporting this story with Annie Nova and Emily Lorsch! Early dating has a new challenge: the ubiquity of gratuity screens and changing expectations of when we should tip and how much. “It could be a deal breaker on a first date."
Why 'tipflation' might ruin your chances for a second date
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While President Joe Biden's sweeping student loan forgiveness is stymied by legal challenges, his administration has been looking for other ways to deliver relief to borrowers. Today the U.S. Department of Education said it will automatically cancel nearly $40 billion in student debt for more than 800,000 people, due to changes to the popular income-driven repayment plans. The aid should go mostly to people who've been making payments on their student debt since the 1990s and early 2000s. https://lnkd.in/etVTQ3fX
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers
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I interviewed Matthew Desmond about his new book, Poverty, by America, on why the poverty rate in the U.S. has barely changed in half a century. His answer? Because we benefit from it. https://lnkd.in/eiyFW6hK
Why hasn't U.S. poverty improved in 50 years? Pulitzer-prize winning author Matthew Desmond has an answer
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Legal experts predicted a tough road for Biden’s student loan forgiveness plan at the Supreme Court. Yet now they’re saying the lawyer defending the government may have saved the policy, which could affect the financial futures of some 40 million Americans.
Biden administration lawyer may have saved student loan forgiveness plan at Supreme Court
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Covering Supreme Court arguments over Biden’s student loan forgiveness plan. Last night, I spoke to borrowers who’d gathered outside the court and planned to sleep there in support of the president’s plan. Check out what they told me.
Supreme Court sleepover: Student loan borrowers praise Biden forgiveness plan
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The Supreme Court on Tuesday will hear oral arguments over President Joe Biden’s student loan forgiveness plan, starting a decision-making process that will affect the balance sheets of tens of millions of Americans. https://lnkd.in/en7U-HtG
Supreme Court to hear Biden’s student loan forgiveness arguments Tuesday. 3 things to know
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The Biden administration has announced another extension to the payment pause on federal student loans — this time saying the bills won’t resume until the legal challenges against its forgiveness plan resolve or late in the summer.
Biden administration extends payment pause on student loan debt
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