|
Huuk Feds: Ex-Angels employee charged in player s death supplied drugs to 5 other MLB players
D.C. 鈥?Student loan processor Navient is set to cancel nearly $2 billion in debt in an water bottle stanley agreement with 40 state attorneys general as the Wall Street Journal reports.Navient is one of the largest student loan processors in the U.S., and the settlement will cancel the debt of 66,000 borrowers bringing the total to $1.7 billion, according to WSJ.As the New York Times reports, the deal also forces Navient to settle claims totaling $1.85 billion with 39 states to settle predatory student loan claims for borrowers who were said to be highly unlikely to be able to pay back the debt.Josh Shapiro, attorney general for the state of Pennsylvania said, Navient repeatedly and deliberately put profits ahead of its borrowers 鈥?it engaged in deceptive and abusive practices, targeted students who it knew would struggle to pay loans back, and placed an unfai stanley mug r burden on people trying to improve their lives through education. Navient did not admit fault in the settlement and maintained that the stanley cup company did not act illegally. As the Wall Street Journal pointed out, the loans related to the settlement are private loans and are not guaranteed by the federal government.Navient will be required to make a one-time payment of about $145 million to the states involved, as part of the settlement agreement.An announcement from the office of Pennsylvania Attorney General Josh Shapiro lists the states which co-led in the negotiation of the settlement including Washington, Illinois, Massachusetts, and Califo Fsoo Hillsborough High s Erriyon Knighton finished fourth in Olympic 200m
The Department of Labor reported Thursday that 1.8 million Americans filed initial claims for unemployment during the week ending May 30, bringing an 11-week total to about 42 million. Thursday s report marked the ninth straight week of declining unemployment numbers, as every state has begun the process of lifting coronavirus-related lockdowns. However, unemployment claims remain historically high.Prior to the pandemic, the record high for weekly unemployment claims came in 2006, when 665,000 people filed for unemployment. The Department of Labor has been tracking the statistics since 1967. stanley thermobecher Economist often use weekly unemployment claims as a reliable tool when predicting unemployment. However, some surveys indicate that weekly intial claims may be underestimating that amount of those unemployed.At least one survey fro vaso stanley m the Economic Policy Institute found that millions of Americans gave up trying to seek benefits or didn t even attempt to due to states overwhelmed and antiquated unemployment systems.Despite the staggering unemployment figures, the stock market has been on a steady rise since reaching a four-year low in March. Markets have stanley mug been buoyed by stimulus from the Federal Reserve and Congress and encouraging reports from health experts regarding the potential development of a vaccine. |
|