...It would cover current borrowers for 0% interest and any future borrowers would still be on the hook for interest based on a "sliding scale" based on financial need. For those future borrowers, no student would get an interest rate higher than 4%.
3. Congressional #Democrats introduced legislation that would immediately cut interest rates to 0% for all 44 million #student loan borrowers in the US. It is called the Student Loan Interest Elimination Act and was introduced by Democrats Joe Courtney and Peter #Welch...
...Inflation's steady slowdown in recent months has been encouraging for all of us (and our wallets), but officials say that "#inflation remains elevated" and that the Fed "remains highly attentive to inflation risks."
3. The Federal Reserve raised its interest rates by 0.25% yesterday, lifting interest rates to their highest level in 22 years. This is the 11th rate increase since the #Fed began its #inflation battle in March of 2022. Fed officials are estimating one more rate hike this year...
...This signals a pretty big move for the social media app since it was best known for its short-form video content. The timing of this move is most likely related to wanting to claim those users who may be leaving #Twitter and looking for a new social media app to use.
3. As the world of social media continues to evolve more rapidly, #TikTok announced that it will roll out a new on-screen text option, which will allow musical overlays. The new functionally is similar to #Instagram stories and features a 1,000-word limit...