Tag: stimulus package

Students

Policy Brief Suggests Reforms to Address Student Debt Crisis During the Pandemic

In the first draft of the $2 trillion United States federal government stimulus package, a cancellation of $10,000 for any loan borrower’s student debt was proposed. However, Congress ultimately voted to give each student borrower a six-month interest-free break on making payments on federal loans. Meaning, individuals do not have to make a student loan payment until October 2020 and there will be not an accrual of interest and penalties during this time.

April 22, 2020

Students

Report: Congress Needs to do a Lot More to Ensure Educational Equity During the Pandemic

To help small businesses, higher education institutions and individuals recover from the economic impact of the coronavirus pandemic, Congress recently passed a $2 trillion stimulus package.

April 7, 2020

African-American

UNCF: $1 Billion for HBCUs, TCUs, MSIs in Federal Coronavirus Stimulus Package

Congress and the White House have agreed to provide $1 billion in emergency funds to historically Black colleges and universities, tribal colleges and universities, and other minority serving institutions to help them cope with the coronavirus pandemic, said the United Negro College Fund in a statement on Wednesday.

March 25, 2020