Secretary DeVos Rapidly Delivers More Than $6 Billion in Emergency Cash Grants for College Students Impacted by Coronavirus Outbreak
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Secretary DeVos Rapidly Delivers More Than $6 Billion in Emergency Cash Grants for College Students Impacted by Coronavirus Outbreak

First wave of CARES Act funding will provide aid to students for expenses like course materials, technology, housing, food, health care, and childcare APRIL 9, 2020 WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today more than $6 billion will be distributed immediately to colleges and universities to provide direct emergency cash grants to...

Posted by April 9, 2020May 27, 2020
Secretary of Education Betsy DeVos Authorizes New Funding Flexibilities to Support Continued Learning During COVID-19 National Emergency
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Secretary of Education Betsy DeVos Authorizes New Funding Flexibilities to Support Continued Learning During COVID-19 National Emergency

WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today a new streamlined process for providing states funding flexibilities to best meet the needs of students and educators during the COVID-19 national emergency. The new flexibilities, authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, allow schools to repurpose existing K-12 education funds for technology...

Posted by April 6, 2020May 27, 2020
PPP loans are 100% federally guaranteed loans for small businesses intended for companies to maintain their payroll levels and allow partial loan forgiveness
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PPP loans are 100% federally guaranteed loans for small businesses intended for companies to maintain their payroll levels and allow partial loan forgiveness

The $350 billion lending program allowed by the latest stimulus package aims to expand the access and availability of loans to struggling small businesses. And the terms are now very different. President Trump on March 27 signed a $2 trillion coronavirus stimulus package and with it unleashed a $350 billion paycheck protection program (PPP) aimed at helping U.S. small...

Posted by March 31, 2020May 27, 2020
SBA Loans Under the CARES ACT
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SBA Loans Under the CARES ACT

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on Friday March 27, 2020, introduces the Paycheck Protection Program (the “PPP”) with $349 billion in funding and the goal of preventing job loss and small businesses failure due to losses caused by the COVID-19 pandemic.  The new PPP loan program is available for...

Posted by March 31, 2020March 31, 2020
U.S. Department of Education Holds Penn State Accountable for its Failure to Protect Students from Sexual Misconduct, Requires Major Overhaul of Title IX Procedures Following Compliance Review
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U.S. Department of Education Holds Penn State Accountable for its Failure to Protect Students from Sexual Misconduct, Requires Major Overhaul of Title IX Procedures Following Compliance Review

MARCH 26, 2020 Contact:   Press Office, (202) 401-1576, press@ed.gov WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today that the Office for Civil Rights (OCR) is requiring major changes at Pennsylvania State University after finding that the school failed to protect students and address their complaints of sexual abuse in the wake of the Jerry Sandusky...

Posted by March 27, 2020May 27, 2020
Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families
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Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families

MARCH 25, 2020 Contact:   Press Office, (202) 401-1576, press@ed.gov WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today that, due to the COVID-19 national emergency, the Department will halt collection actions and wage garnishments to provide additional assistance to borrowers. This flexibility will last for a period of at least 60 days from March 13, 2020....

Posted by March 25, 2020March 25, 2020
Everything You Need To Know About Student Loans During Coronavirus
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Everything You Need To Know About Student Loans During Coronavirus

Everything You Need To Know About Student Loans During Coronavirus: There’s so much misinformation floating around right now about what to do with your student loans during the Coronavirus emergency. Let’s set the record straight. Here’s what you need to know. Student Loans: Coronavirus It’s time to end the confusion. Here’s a quick true and...

Posted by March 25, 2020May 10, 2020
Graduate Student Letter to the Administrators of Stanford University
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Graduate Student Letter to the Administrators of Stanford University

Dear President Tessier-Lavigne: We are currently in uncharted territory. Our political leaders and the American public have finally begun to grasp the severity of the COVID-19 pandemic, which will fundamentally disrupt the daily routines and livelihoods of individuals in this country and across the globe. Hundreds of thousands of people may die; countless others will...

Posted by March 22, 2020March 22, 2020
Senate Democrats: Cancel Student Loans Due To Coronavirus
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Senate Democrats: Cancel Student Loans Due To Coronavirus

U.S. Senate Democrats have proposed student loan forgiveness due to coronavirus. Here’s what you need to know. Student Loans U.S. Senate Democrats want student loan forgiveness to be at the forefront of helping Americans manage their money during the coronavirus. The new emergency relief proposal would work like this: Suspend student loan payments during the ongoing...

Posted by March 20, 2020March 20, 2020
New York Stops Collection Of Student Loan Debt
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New York Stops Collection Of Student Loan Debt

New York Governor Andrew Cuomo says he’s halting collection of student loan debt. Here’s what you need to know. Student Loans Effective immediately, Cuomo and New York Attorney General Letitia James say that New York state will temporarily halt the collection of student loan debt owed to the State of New York and referred to...

Posted by March 19, 2020May 27, 2020