Business
Student Loan Nightmare: One Borrower’s Struggle to Find Relief
Stacey Tisdale, BLACK ENTERPRISE
(BlackEnterprise.com)—One of the four directives of the Student Aid Bill of Rights President Obama announced this week says every student in America should “Receive quality customer service, reliable information, and fair treatment when repaying loans.” “…we are committed to finding new and better ways to communicate with student loan borrowers and to creating a centralized, easier process for repaying loans,” adds the Department of Education.
The President, and others in Washington who have been pushing for this reform must may have had people like Bridget Butler in mind.
In 1994, Butler was able to secure about $20,000 in Federal Stafford Loans at a rate of 8.25%. She used the money to go to nursing school in southern California. This was a return to study for the former University of California (Los Angeles) chemistry major, who left UCLA in 1993 in order to have a child.
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Activism
Oakland Post: Week of January 15 – 21, 2025
The printed Weekly Edition of the Oakland Post: Week of January 15 – 21, 2025
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Activism
Oakland Post: Week of January 8 – 14, 2025
The printed Weekly Edition of the Oakland Post: Week of January 8 – 14, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland’s Black Chamber of Commerce Awards 63 Businesses $1,000 Micro Grants
“Our members are essential to Oakland’s economic and cultural fabric,” said Cathy Adams, president of the OAACC. “These grants are a testament to our dedication to fostering business growth and sustainability within our community.” The microgrants are designed to provide vital support for members to strengthen their operations, invest in growth opportunities, or meet pressing needs, Adams added.
By Oakland Post Staff
Last week, the Oakland African American Chamber of Commerce (OAACC) announced the distribution of $63,000 in microgrants to 63 member businesses. These $1,000 grants, generously sponsored by Supervisor Nate Miley, Amazon, and the Tides Foundation, reflect the organization’s goals and unwavering commitment to empowering Black-owned businesses in Oakland.
“Our members are essential to Oakland’s economic and cultural fabric,” said Cathy Adams, president of the OAACC. “These grants are a testament to our dedication to fostering business growth and sustainability within our community.”
The microgrants are designed to provide vital support for members to strengthen their operations, invest in growth opportunities, or meet pressing needs, Adams added.
As part of this initiative, OAACC leaders are encouraging all grant recipients to inspire their communities to support Oakland-based businesses by shopping locally, sharing referrals, and following their social media pages.
For more information about the OAACC and the organization’s initiatives, please visit www.oaacc.org.
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