• Loans

    Student loan repayment pause extended until 2022, Biden admin announces

    Laura Fink, Gianno Caldwell on cancelling student loan debt, taxes The Department of Education extended a pause on student loan repayment, interest, and collections, allowing borrowers more time to plan amid renewed concerns about COVID-19 due to the delta variant.  “The payment pause has been a lifeline that allowed millions of Americans to focus on their families, health, and finances instead of student loans during the national emergency,” Secretary of Education Miguel Cardona said in a statement. “As our nation’s economy continues to recover from a deep hole, this final extension will give students and borrowers the time they need  

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  • Insurance

    Obamacare enrollment period extended for health insurance subsidies

    WASHINGTON – The Biden administration is extending for three more months a special opportunity for people to sign up for government-subsidized health insurance through the federally run marketplace. Instead of ending May 15, the special enrollment period will run through Aug. 15 to give people more time to take advantage of the expanded subsidies included in the recently passed $1.9 trillion stimulus package.  The package increased the subsidies already available to people who don’t receive health insurance from an employer or through a government plan like Medicare or Medicaid. And it made the subsidies newly available for people earning  

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  • Health Insurance

    Governor Cuomo Announces Open Enrollment for New Yorkers is Extended to May 15 as Federal Marketplace Reopens for Millions of Americans

    Governor Andrew M. Cuomo today announced that New York’s health insurance Open Enrollment Period will be further extended to May 15, 2021, aligning with states across the country. With this extension, New York joins the federal Marketplace and other state-based Marketplaces giving consumers even more time to enroll for 2021. New Yorkers can apply for coverage through NY State of Health, New York’s health insurance Marketplace, or directly through insurers. “As we continue to navigate the huge challenges posed by the ongoing COVID-19 crisis and work toward rebuilding for a post-pandemic world, ensuring New Yorkers have access to affordable  

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  • Business Accounting

    Accreditation extended for UL Lafayette’s business, accounting programs

    The Association to Advance Collegiate Schools of Business has extended accreditation for the business and accounting programs at the University of Louisiana at Lafayette. The AACSB re-evaluates schools every five years to ensure that its rigorous standards for academic excellence are met or exceeded, said Dr. Linda Nichols, dean of the B.I. Moody III College of Business Administration. The association assesses factors such as teaching, research, curricula development and student learning. It also places an emphasis on a commitment to continual improvement. “Extension of accreditation reaffirms the excellence of our programs, and the dedication of our faculty and staff members  

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  • Loans

    Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4

    Several institutions are parking their idle cash on Genesis Capital’s balance sheet, the cryptocurrency lender and trading firm announced in its fourth-quarter earnings report Tuesday. Over the period, the total volume of Genesis’ active loans outstanding increased by 81{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} to $3.8 billion, while loan originations increased by 46{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} to $7.6 billion. The average U.S. dollar or stablecoin loan size to Genesis doubled from $2 million to $4 million in the fourth quarter, and the average loan size for first-time lenders on the Genesis platform increased from $590,000 to $3.2 million. Genesis, like CoinDesk, is owned by Digital Currency Group. These  

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  • Business News

    Businesses react as Michigan’s restrictions extended – Business – Monroe News – Monroe, Michigan

    “None of us know what to do,” said Don Bozynski, owner of Larson’s Bar in Monroe. “We’re all just kind of waiting to see when we can reopen.” Don Bozynski, owner of Larson’s Bar in Monroe, is used to seeing his establishment’s walk-in fridge brimming with the fresh ingredients and supplies needed to make what he calls a simple menu. But these days his fridge is empty — and he’s hesitant to restock it. Wary of further restrictions mandated by the state, he said many restaurant owners are stuck in limbo, waiting to see when they’ll be able to return  

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