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President Joe Biden announced in August that the federal government plans to forgive up to $20,000 of student debt for people who took out federal student loans. People who received Pell grants and earn less than $125,000 per year ($250,000 for married couples) can get up to $20,000 in debt forgiven, while non-Pell borrowers are eligible for up to $10,000 in relief.… Read more...
The Louisiana Legislature started its annual session with record amounts of revenue to divide among the state’s many needs. Lawmakers have more than $3.6 billion in windfall revenue on hand that includes surplus dollars from last year, leftover pandemic relief dollars and “excess” tax revenue in the current year that can be spent with few restrictions.… Read more...