The Money Circles

Oct72021 by Laura BassNo Comments

Student loan waiver: half a million people to benefit from the repairs, some immediately

Loan

WASHINGTON - The promise of a public service debt waiver program was supposed to be simple. If college graduates are willing to leave the lucrative salary in the private sector to work as teachers and police officers or government employees, any of their federal student loans will be waived after 10 years of payment. The program has proven nothing but forgiveness. More than a decade after it was founded in 2007, thousands of borrowers have applied for the waiver. The federal government has denied almost all of them. That should change since this fall. The Department of Education on Wednesday announced a major overhaul of the debt waiver program that would quickly eliminate ,000 1.7 billion in debt from 22,000 borrowers. The government estimates that about ,000 2.8 billion in d...

The best cheap car insurance in Minneapolis

Insurance

The average cost of car insurance in Minneapolis, Minnesota is $ 1,980 per year for full coverage or $ 165 per month. The average work journey in the city is less than 25 minutes and most drivers drive alone. Although a shocking statistic, Minnesota surpassed 300 traffic deaths by the end of August 2021, the lowest ever Minnesota benchmark since 2007. Those who have affordable rates in Minneapolis can go a long way in staying financially secure. While reviewing the best car insurance in Minneapolis, Bankret’s insurance editorial team evaluated the cheapest car insurance companies in the region by the average premium and available coverage and discounts. The cheapest car insurance company in Minneapolis is State Farm, according to Banquet’s 2021 cited annual premium study. The best c...

USDA introduces new insurance policies for farmers who sell locally

Insurance

WASHINGTON - The U.S. Department of Agriculture is introducing new insurance options, especially for agricultural growers who sell local produce, including small farms. The new microfarm policy simplifies record keeping and includes post-production costs such as washing and value-added products. The USDA's Risk Management Agency has developed this new policy based on research based on the 2018 Farm Bill and includes feedback from growing growers for their local community. The policy will be available from the crop year of 2022. RMA Acting Administrator Richard Flournoy said, “We look forward to offering this new coverage to producers who work to provide fresh and healthy food to their community. "The USDA's focus is on supporting local and regional food systems, and this new crop in...