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The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations, ...
17 Οκτ 2024 · Today, President Biden announced an additional $4.5 billion in student debt cancellation for over 60,000 borrowers through the Public Service Loan Forgiveness (PSLF) program, bringing the number...
31 Μαρ 2021 · In 1932, Congress gave the Fed the authority to make emergency loans to firms other than banks. The central bank used that 13(3) authority during the COVID-19 crisis for only the third time.
8 Μαρ 2023 · The Supreme Court is considering the legality of the Biden administration’s student loan forgiveness plan and whether the administration had the power to offer debt forgiveness in the first...
To provide student loan forgiveness to health care workers who are on the front line in response to COVID–19. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. Short title.
Critics complained cash-flow reporting gave Congress an incentive to expand guaranteed loans, rather than direct loans, because they appeared to cost less – at least in the short-run. The goal of the FCRA was to report both types of loans on a comparable basis.
23 Οκτ 2024 · The Biden administration has introduced updated guidelines that are making it easier for federal student loan borrowers to seek debt relief through bankruptcy, with 99% of cases resulting in full or partial discharge based on government recommendations.
