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The Covid-19 pandemic has disproportionately impacted the finances of many Black Americans, including student loan borrowers. Black college graduates owe an average of $25,000 more in student loan debt than white college grads, and over 50% of Black borrowers say their net worth is less than what they owe on student loans.

Maryland Gov. Larry Hogan signed a bill Wednesday to pay four historically Black colleges and universities $577 million to settle a 15-year legal battle to address chronic underfunding.

Yesterday, CBS This Morning teased an interview with Tim Cook in which the Apple CEO would be making a “big announcement” concerning not an Apple product, but a new initiative from the company.


 

ICYMI: In Case You Missed It

Secret Deodorant is known for helping us confidently (and freshly) move through the world. Now, they want to instill that same esteem into our financial futures. Ahead of Financial Literacy […]

The post Secret Deodorant Launches Initiative For Women to Achieve Financial Fitness  appeared first on Essence.

Nearly 70% of millennial women have experienced financial abuse by a romantic partner. Let’s sit with this for a moment. This number means its highly likely that you know someone […]

The post “It’s Way More Common Than We Think” — This Attorney Breaks Down The Signs Of Financial Abuse  appeared first on Essence.

On Thursday, a New York grand jury investigating the circumstances surrounding a “hush money” payment to adult film actress Stormy Daniels before the 2016 election voted to indict Donald Trump. […]

The post Former President Donald Trump Indicted By New York Grand Jury appeared first on Essence.

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