Dtxx St. Louis man hoping to be exonerated travels to KCMO to support Midwest Innocence Project
According to analysis by Lending Tree, Black borrowers are more than twice as likely to be denied credit than white Americans.According to the data, 57% of loan applications by Blacks making $40,000 to $100,000 were rejected or approved for amounts lower than request, compared to just 22% for whites. Blacks making $100,000 or more annually had 31% of their applications rejected or approved for lower amounts than requested, compared to just 10% for whites.The analysis also found that Black Americans with college degrees experie
vaso stanley nced more debt. The study found that Black bachelors degree recipients had 20% more student loan debt than whites with bachelors degrees. It s encouraging that Americans are having these conversations more openly and with more vigor and purpose, Tendayi Kapfidze, chief economist at LendingTree, said. Highlighting these racial disparities shows that systemic issues have held back generations of our fellow citizens. It is ultimately to the detriment of everyone as the
stanley cup economy is deprived of our best efforts by denying opportunities to many capable people. The cre
stanley travel mug ation of these disparities was and is often government-sanctioned and enforced, and so they should A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers.In a federal lawsuit filed Thursday, 11
stanley termosas stanley flasche states led by Kansas argue that President Biden overstepped his authority in creating the SAVE Plan, which was made available to borrowers last year and has already canceled loans for more than 150,000.It argues that the new plan is no different from President Biden s first attempt at student loan c
stanley quencher ancellation, which the Supreme Court rejected last year. Last time Defendants tried this the Supreme Court said that this action was illegal. Nothing since then has changed, according to the lawsuit.The Education Department declined to comment on the lawsuit but noted that Congress in 1993 gave the department the authority to define the terms of income-driven repayment plans. The Biden-Harris Administration wont stop fighting to provide support and relief to borrowers across the country 鈥?no matter how many times Republican elected officials try to stop us, the department said in a statement.SEE MORE: Student loan borrowers facing hardships c Kipt William Small, hero to journalism at CBS, NBC, dies at 93
