income driven repayment plans

Starting May 5, 2025, the US Department of Education will resume collecting on defaulted federal student loans, ending a pandemic-era pause. This decision aims to protect taxpayers and guide borrowers back to manageable repayment, accompanied by a comprehensive outreach program.

The US Department of Education will resume collections on defaulted federal student loans starting May 5, 2025, ending a four-year pandemic-era pause. With $1.6 trillion in outstanding debt and millions in default or delinquency, the Department is launching a national campaign to guide borrowers back into repayment. The initiative includes enhanced tools, communication efforts, and compliance with federal law to ensure repayment while protecting taxpayers from absorbing further loan-related costs.

The RBI's FY25 income from foreign exchange reserves is projected to be higher due to elevated US treasury yields, potentially boosting the central bank's dividend payout to the government. Increased interest earnings on foreign currency assets and substantial dollar sales are expected to contribute to this rise.

Daily guidance is available for all zodiac signs. Aries can focus on energy and finances. Taurus should align career with passion. Gemini may see career growth. Cancer will enjoy travel. Leo may find wealth opportunities. Virgo benefits from diet. Libra can review finances. Scorpio should maintain hygiene. Sagittarius can try yoga. Capricorn needs healthy habits. Aquarius can enjoy outdoor activities.

Top CEOs, including Microsoft's Satya Nadella, are urging the U.S. to mandate computer science and AI education in K-12 schools. They warn that America is lagging behind countries like China and Singapore. The leaders emphasize that a single computer science course could boost wages by 8% and unlock significant economic potential.

Vodafone Idea (Vi) has broadened its international roaming options to include Hajj pilgrims in the Gulf region, providing prepaid and postpaid users with unlimited incoming calls. The plans, valid for 20 or 40 days, also include data, free outgoing minutes, and SMS benefits, ensuring pilgrims can stay connected with loved ones without incurring high roaming charges.

This week's financial outlook varies across zodiac signs, emphasizing budgeting, long-term planning, and avoiding impulsive decisions. Some signs may experience increased income or unexpected windfalls, while others need to focus on cutting expenses and adjusting financial plans. Overall, the advice centers on consistency, patience, and making informed choices for sustained financial well-being.

Starting May 5th, the Education Department will resume collecting defaulted federal student loans, ending the pandemic-era freeze. Millions of borrowers risk wage garnishment and seized tax refunds, impacting 5.3 million currently in default and 4 million nearing it. Critics argue this move will harm struggling families amidst policy confusion and uncertainty surrounding repayment plans.

Macrotech Developers, known as Lodha, plans to launch residential projects. These projects are worth Rs 19,000 crore. The launches will occur in Mumbai, Pune, and Bengaluru. The company aims to capitalize on housing demand. Macrotech will invest over Rs 8,000 crore in land acquisition. They target revenue of Rs 25,000 crore from these projects.

Stock market recommendations: Motilal Oswal Financial Services recommends ICICI Bank and 360 One WAM as top stock picks for the week starting April 28, 2025. ICICI Bank's Q4 performance showcased robust growth. 360 ONE reported record PAT, fueled by recurring revenue growth.

Aries, embrace your creative spark and let go of the pursuit of perfection. Trust your heart in love, be genuine, and showcase your talents at work. Focus on wise financial decisions, explore skill-based income, and prioritize your health by managing stress and maintaining a balanced diet. Boldness and self-belief will pave the way for admiration and new opportunities.

Indians are accessing credit much earlier, with the average age for first-time borrowers dropping significantly across generations. This shift is driven by increased disposable income, pre-approved loans from banks, and the availability of unsecured credit products like credit cards and personal loans. The Jan Dhan-Aadhaar-Mobile trinity has also streamlined borrower tracking, contributing to this trend.

American consumer confidence has plummeted to its lowest point since the pandemic's start, driven by tariff concerns under President Trump's administration. The Conference Board reported a significant drop in April, with nearly a third of consumers anticipating job slowdowns, reminiscent of the Great Recession.