Tag: Relief

Student debt relief will be “a priority,” says education secretary nominee

Miguel Cardona, President Joe Biden’s nominee to lead the Department of Education, said he would support student loan forgiveness if confirmed, but gave little indication of what student debt relief might look like in practice.

In a Monday interview with Connecticut Public Radio, Cardona, who serves as Connecticut’s education commissioner, said that despite his background in K-12 schools, tackling student debt would be a “would be a priority for me, it would be an area of focus that early on we’d have to really make sure we’re coming up with clear support plans and strategies.”

Last year federal student loan

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Nevada proposes cuts to education, hopes for federal relief

CARSON CITY, Nev. (AP) — The economic consequences of the coronavirus pandemic have hit Nevada particularly hard, complicating budget planning in a state that levies no state income tax on residents and relies on tourism and hospitality industry revenue.

Gov. Steve Sisolak released a budget on Monday that includes no new taxes and $187 million less in state spending than it proposed before the start of the last two-year cycle in 2019. The budget proposes cuts to both K-12 and higher education and increases funding for health care as the pandemic surges and more laid-off workers enroll in Medicaid. It … Read more

Trump’s School-Choice Relief – WSJ

A school bus in Brooklyn.



Photo:

jeenah moon/Reuters

Democrats hate vouchers so much that they restricted states from using education funds in the $900 billion Covid relief bill to help struggling families during the pandemic send their kids to private schools. All the more credit to President

Trump

for opening the door for at least some school-choice relief.

The Covid-19 relief bill sets aside $2.75 billion for private K-12 schools on top of some $54.3 billion for public schools. The catch is that none of the

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Trump signs bipartisan coronavirus relief bill after calling on Congress to approve $2,000 stimulus checks

trump kudlow oval office
President Donald Trump speaks during an event commemorating the repatriation of Native American remains and artifacts from Finland in the Oval Office of the White House in Washington, DC, September 17, 2020. SAUL LOEB/AFP via Getty Images
  • President Donald Trump signed the $900 billion bipartisan coronavirus relief package on Sunday.

  • The negotiated rescue package contained $600 stimulus checks, federal unemployment aid, food and rental assistance, as well as education funding.

  • “I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed,” Trump said in a statement.

  • “I

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Highlights of $900 billion COVID-19 relief, wrapup bills

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The 5G Revolution Could Send These 3 Stocks Higher

5G is here. The new networks are online and expanding, and customers – individual consumers, institutional users, and industrial applications – are starting to take advantage of the new technology. The advantages of 5G are already well-known: faster connections, more efficient upload and download capability, lower latency, greater security. 5G tech is essential for developing the full potential of autonomous vehicles and IoT projects. How it will impact ordinary life remains to be seen.Some of Wall Street’s top analysts have been taking the measure of the new network, and its

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