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Biden - 1 — - 1 Braxton Brewington - 1 We're - 1 It's - 1 Tamy Abernathy - 1
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Morehouse College - 1 Service - 1 Jubilee Fund - 1 HBCU - 1 Bennett College - 1 Education Department - 1 Higher - 1

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☆ Activists erased $10 million in student debt for nearly 3,000 HBCU students — and said Biden can do the same for all borrowers
  + stars: | 2023-10-23 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
The Debt Collective announced it's erasing student debt for former Morehouse College students. It also called for Biden to do the same for all borrowers with federal student debt. The debt that was eliminated is not federal student debt, but rather, institutional debt that a college owns, like unpaid tuition and other school-related expenses. In May of 2022, the Debt Collective took the same action for former Bennett College students, eliminating $1.7 million in college debt for 462 students dating back as far as 1996. Still, the Debt Collective is calling for Biden to act on federal student debt for all borrowers.
Persons: Biden, —, Braxton Brewington, We're, It's, Tamy Abernathy Organizations: Morehouse College, Service, Jubilee Fund, HBCU, Bennett College, Education Department, Higher Locations: Georgia
☆ A couple who are financially independent from their real estate portfolio explain how they bought their first house for less than $2,000 and scaled up to 5 properties that bring in $30,000 a month in
  + stars: | 2022-12-21 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +13 min
Jervais, who started with worse credit than Natia, bumped his score up from 524 to the low- to mid-600s, he said. Plus, Natia started working in marketing in 2005 and went from an hourly wage plus tips to earning a salary. The way rental arbitrage works is, you sign a long-term lease and then rent out that property on short-term rental platforms like Airbnb and VRBO. Courtesy of Natia and Jervais SeegarsThey ended up raising about $500,000 from private lenders, they said, which financed their next three properties. They purchased them all within 45 days of each other in late 2021 and immediately listed them on the short-term rental market.
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