student loans

Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth

Although many officials have called for a ‘return to normal’, millions of small businesses and communities need something new instead. In Black America especially, the ‘old normal’ never delivered equitable access to wealth-building opportunities as those that well-served served much of White America. Instead, a lengthy history of public policies designed to create and sustain a burgeoning middle class systemically excluded Blacks and other people of color.

Your Student Loans Are Paused– But Not Yet Pardoned

On Jan. 20, at the request of President Joe Biden, the U.S. Department of Education announced that it would extend the federal student loan payment moratorium, suspending payments on student loans through Sept. 30. The interest rates on these loans will also stay at 0 % until Sept. 30.

Donors Attempt to Save Bennett College by Deadline

“Bennett College has an outstanding tradition of academic excellence for African American women,” said Dr. Benjamin F. Chavis, Jr., president and CEO of the National Newspaper Publishers Association, the trade organization that represents 215 African American-owned newspapers and media companies around the country with more than 21 million weekly subscribers.

Bass introduces bipartisan legislation to curb recidivism, increase opportunities for ex-offenders

In light of President Obama’s work to stem over-incarceration, Congressmember Karen Bass (D-Calf.), a member of the House Judiciary Committee, recently introduced bipartisan legislation that would bolster the Administration’s efforts to eliminate barriers to education for ex-offenders. H.R. 4004, the “Stopping Unfair Collateral Consequences from Ending Student Success Act” or the SUCCESS Act, would repeal the law that makes it all but impossible for people with a drug conviction, no matter how petty, to apply for federal financial aid for education. A section of the Higher Education Act suspends college aid for a person who is convicted of a drug