#financial-relief

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Los Angeles Times
1 month ago
Los Angeles

L.A. cuts tentative deal to provide $15 million to spare Chinatown tenants from steep rent hikes

A tentative deal between Los Angeles housing officials and a landlord could provide financial relief for residents facing rent increases at a Chinatown apartment complex. [ more ]
ABC7 San Francisco
1 month ago
Left-wing politics

What to know about President Biden's latest attempt at student loan cancellation

President Biden proposes targeted student loan cancellation for 30 million Americans after Supreme Court rejection of previous plan.
New plan uses different legal authority under Higher Education Act to focus on borrowers facing significant financial challenges. [ more ]
Truthout
2 months ago
Left-wing politics

Biden to Forgive Another $1.2B in Student Debt for Over 150K Borrowers

Biden administration to cancel $1.2 billion in student loan debt for 153,000 borrowers under the SAVE Plan
Borrowers will receive debt forgiveness without further action after being approved for a shortened repayment period benefit. [ more ]
www.independent.co.uk
2 months ago
UK news

Martin Lewis gives verdict on Jeremy Hunt's 2024 Budget

People on low incomes benefit most from Budget policies
Extended repayment period for budgeting advance loans and cancellation of the 90 debt relief order [ more ]
www.independent.co.uk
2 months ago
UK news

Energy bills to fall by 238 and hit lowest level in two years - Ofgem news live

Households to save £238 a year on energy bills with new price cap
Price cap to decrease by 12.3% in April for typical dual fuel households [ more ]
www.nytimes.com
2 months ago
Public health

Cyberattack Paralyzes the Largest U.S. Health Care Payment System

Providers facing severe cash squeeze after cyberattack on billing system
Government steps in to provide financial relief to affected medical care providers. [ more ]
Route Fifty
3 months ago
Public health

One city's effort to cancel $2B in residents' medical debt

New York City is launching the nation's largest medical debt relief program, investing $18 million to cancel over $2 billion in medical debt for half a million residents.
The program only requires residents to have a household income at or below 400% of the federal poverty level or have medical debt equal to 5% of their annual household income. [ more ]
www.bbc.com
2 months ago
Education

Students at Albert Einstein College of Medicine see 'beacon of hope' in free tuition

Students at Albert Einstein College of Medicine received free tuition thanks to a $1bn donation, relieving them of significant debt.
The donation has enabled students to envision life goals previously unattainable due to financial constraints. [ more ]
www.cbc.ca
2 months ago
Canada news

Federal government scales back carbon tax rebates for small businesses | CBC News

Small businesses are receiving reduced financial relief from carbon pricing revenues, affecting their operations negatively.
Rural families are receiving an increased rebate at the expense of small businesses, leading to backlash and unfairness in distribution. [ more ]
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