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Student-loan borrowers with private debt might be stuck watching their balances balloon as Biden carries out federal forgiveness [Video]

President Joe Biden speaks during a Fourth of July celebration for military families on the South Lawn of the White House on July 4, 2022.AP Photo/Evan Vucci

Those with federal student debt received good news last month when President Joe Biden announced that he would be canceling $10,000 to $20,000 for federal borrowers borrowers making less than $125,000 annually.

Private borrowers, however, are not eligible for government relief, and things could potentially get worse for them.

That’s because the Federal Reserve raised interest rates again this week by another 0.75%. Private student loans can have fixed or variable interest rates, and as the Fed raises rates, those with variable interest rates will end up paying more. For some, it could result in a spiral known as interest capitalization in which accrued interest is added to the original loan balance, and future interest grows based on that higher amount. Biden has put out a planto limit the …

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MEDIA ADVISORY: Local Anchor Teams Up with The Los Angeles Regional Food Bank to Launch Kindness Card Initiative as Part of Annual 'Season of Sharing' [Video]

LOS ANGELES, Calif., Sept. 29, 2022 (SEND2PRESS NEWSWIRE) -- Local Anchor joins the Los Angeles Regional Food Bank to kick off the annual "Season for Sharing" campaign. Local Anchor will mobilize the South Bay Los Angeles communities with a Kindness Cards initiative to bring a personal touch to food delivery around Thanksgiving time. - News from Local Anchor, issued by Send2Press Newswire

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How to Market your Brand

OG radio marketing Friday show 09/23 by MRaka38 [Video]

OG radio marketing Friday show where artist can call in and talk about there business brands and more also we have the Carmel reply with Amethyst giving you life and relationships advice call in 516 666 9826 to listen live or click the link show start at 9pm