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Personal Finance

pile of money
Community

Philly workers leave $100 million ‘on the table’ on Tax Day, advocates say

About 50,000 residents with low income don’t claim one federal tax credit, which means lower tax refund checks.

1 year ago

Listen 1:09
Vice President Kamala Harris appears in front of a mic at a press conference
Money

Vice President Kamala Harris unveils more student debt relief measures in North Philly

The Biden administration expects the debt relief program will help 30 million people nationwide.

1 year ago

Listen 1:00
Philadelphia City Hall
Community

Philly’s summer jobs program for youth gets makeover, will focus on careers

Career Connected Learning PHL plans to hire 8,000 young people and expand year-round, work-based activities for an additional 2,000, replacing the city’s WorkReady program.

1 year ago

President Joe Biden speaks in the East Room of the White House, Feb. 23, 2024, in Washington. Biden is forming a new ''strike force'' to crack down on illegal and unfair pricing on things like groceries, prescription drugs, health care, housing and financial services.
Politics & Policy

Regulator would cap credit card late fees at $8, part of Biden’s campaign against junk fees

The Consumer Financial Protection Bureau says the average credit card late fee is $32.

1 year ago

Gov. Josh Shapiro greeting people in the Capitol building
Health

In budget address, Gov. Shapiro proposes $4 million to erase medical debt for thousands of Pennsylvanians

State officials said an estimated 1 million Pennsylvanians hold some amount of medical debt, and many are subjected to debt collectors.

1 year ago

Listen :58
PECO truck in the foreground, PECO worker in the background
PlanPhilly
Community

Your Pa. utility is calling. Double check that it’s really them

An increasingly common scamming tactic is a phone call from a number with a fake caller ID that reads “PECO,” the company said.

1 year ago

File photo: A customer makes a transaction at an automatic teller machine in Los Angeles on March 27, 2023.
Politics & Policy

Overdraft fees could drop to as low as $3 under new Biden proposal

The change could potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks, which were gearing up for a battle even before Wednesday’s announceme

1 year ago

FILE - A Netflix sign is photographed outside its office building in Los Angeles, Wednesday, April 20, 2022. Netflix reports earnings on Wednesday, Oct. 18, 2023.
Community

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan

The $15.50 per month price for Netflix’s most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan backed by ads.

2 years ago

President Joe Biden speaks on student loan debt forgiveness, in the Roosevelt Room of the White House, Oct. 4, 2023, in Washington.
Politics & Policy

Biden’s second try at student loan cancellation moves forward with debate over the plan’s details

Fourteen people chosen by the Biden administration will meet Tuesday for the first of three hearings on student loan relief in a process known as negotiated rulemaking.

2 years ago

Nathalie Bessette poses for a photo outdoors.
Education

‘Saddled with debt’: As student loan repayments loom, many Philly-area borrowers aren’t ready

After a payment freeze of more than three years, borrowers face an uncertain future.

2 years ago

Listen 5:36
Jaqueline Benitez, who depends on SNAP benefits to help pay for food, shops for groceries at a supermarket
Health

Food insufficiency rates jump among SNAP recipients after expanded pandemic benefits end, Penn study finds

People and families who rely on food stamps experienced a 21% increase in food insufficiency when pandemic-era benefits ended.

2 years ago

New graduates
Education

Going to college? Here’s what you should know about student loans

If you’re a high school senior or a college student, you’ll want to apply for federal student loans through the Free Application for Federal Student Aid, also known as FAFSA.

2 years ago

The PSERS building in Harrisburg.
Money
Spotlight PA

Many Pennsylvania state retirees say they can’t afford inflation on their stagnant pensions

Nearly 69,000 former public school and state workers retired before Pennsylvania boosted pension payments two decades ago. Some lawmakers now want to give them an increase.

2 years ago

Thomas Jefferson University East Falls campus in Philadelphia, Thursday, May 23, 2019
PlanPhilly
Courts & Law

Thomas Jefferson University to pay millions in federal student loan settlement

A loan program was meant to train more community doctors, but federal regulators claim that the Philadelphia university used leftover cash to boost its investment portfolio.

2 years ago

Philadelphia City Hall during the daytime in summer.
PlanPhilly
Politics & Policy

Equal pay for Black women requires new laws like Philly’s salary history ban, advocates say

Black women across Pennsylvania earn just 60 cents on every dollar their white male non-Hispanic counterpart earns.

2 years ago

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