In a darkened hotel ballroom in San Jose, Calif., last November, the most powerful players in the semiconductor industry received a familiar sales pitch.Senator Chuck Schumer, the majority leader, appeared […]
Federal Aid (US)
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Back to news homeBlocked Rail Crossings Snarl Towns, but Congress Won’t Act
Freight trains frequently stop and block the roads of York, Ala., sometimes cutting off two neighborhoods for hours. Emergency services and health care workers can’t get in, and those trapped […]
The Hidden Cost of Rebuilding After a Flood
When rising floodwater surrounded her home the morning of July 29, Carolyn Combs felt a sense of déjà vu. The year before, floodwater had filled the first floor of her […]
A New Federal Student Loan Program Will Move Millions Toward Forgiveness
Borrowers with one-time payment adjustments that make them eligible for automatic loan forgiveness through the Public Service Loan Forgiveness program are being notified first, the spokesman said. After adjusting those […]
The Student Loan Borrowers Who Keep Missing Out on Relief
In a startling change, many in the Federal Family Education Loan (FFEL) program may no longer be eligible for up to $20,000 in debt cancellation. Read More
Steeper Winter Heating Bills Loom, With Less Federal Aid
Last winter, Michael Jandro and Jillian Park could have faced heating costs that rivaled the $806 monthly mortgage payment on their Maine farmhouse.The couple heat their 135-year-old home with oil, […]
Beware of Scammers Trying to Capitalize on Student Loan Forgiveness
Shady callers are acting quickly on President Biden’s announcement last week to cancel up to $20,000 in federal student debt for millions of borrowers. As Americans await more details about […]
What Will Happen to Black Workers’ Gains if There’s a Recession?
Black Americans have been hired much more rapidly in the wake of the pandemic shutdowns than after previous recessions. But as the Federal Reserve tries to soften the labor market […]
Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill
Tucked into the Inflation Reduction Act that President Biden signed last week is a major expansion of federal loan programs that could help the fight against climate change by channeling […]
Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud
In the midst of the pandemic, the government gave unemployment benefits to the incarcerated, the imaginary and the dead. It sent money to “farms” that turned out to be front […]