Friday, May 27th - Weekly Update
On Monday, the Governor, along with several U.S Department of Education leaders announced new efforts to improve accessibility to student loan forgiveness for public employees. Last October, the U.S. Department of Education (Department) announced a limited PSLF waiver opportunity, which temporarily waives certain program rules to better deliver on the PSLF promise to public service employees with federal student loans.
This week in the Legislature, GOP leaders in the Assembly announced a four-point plan which they claim would provide residents immediate relief in this year's state budget and achieve sustainable tax reforms in an effort to combat rising inflation. The package of proposals also includes rebates to combat inflation, fully returning energy tax receipts to towns over two years to lower property taxes, and restoring school funding cuts under S2, the state law passed in 2018 that cut so-called "adjustment aid" to nearly 200 districts across the state.
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