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Ocala's Rapid Report

July 5, 2023 Ocala's Rapid Report

Wine Down Wednesday 

 

If you are looking for a place to meet friends tonight, the Corkscrew has drink specials. Wine Down Wednesday is here! Buy one glass of wine get one glass of wine free of equal or lesser value from 6 PM - 8 PM every Wednesday at Corkscrew Ocala Located at 16 SW Broadway St, Ocala

 

Student Loan Forgiveness Decision

 

The Supreme Court has struck down President Biden's plan to discharge some or all federal student loan debt for tens of millions of Americans.

In a 6-3 decision, the high court ruled that the Biden Administration did not have authority under a 2003 federal law to forgive hundreds of billions of dollars of student debt.

The court's decision comes after federal student loan borrowers were told in August by President Biden that the U.S. government would cancel up to $20,000 of debt for anyone who had received a Pell Grant to attend college, and up to $10,000 for the vast majority of remaining borrowers. Biden's plan would have provided relief to most federal student loan borrowers – that’s over 40 million people. That's roughly one in eight Americans. Many adults that have student loan debt, signed up for it while still teenagers and didn’t even know how to balance a checkbook yet. While many felt strongly that taxpayers should not have to pay for the debt of others, I think we can all agree with the statement from NPR this week: “Whatever you think of Biden's proposal, at this moment, the collective disappointment and disillusionment of so many Americans are palpable and should be acknowledged.”

The student loan payments and interest that were previously on hold will begin again on Sept 1 of this year.

 

Tomorrow The Hispanic Business Council Is Meeting

 

Meet up tomorrow July 6th at 9:30 am for our monthly meeting at the Power Plant Business Incubator! Everyone is welcome! The Hispanic Business Council will be meeting at 405 SE Osceola Ave in downtown Ocala. Great place to connect and network! 

 

Line Dancing In The Forest Tonight

 

Youth & Adults Welcome - Yee-haw! Everyone can learn to line dance. Music ranges from country to modern pop music, and anyone of any age can learn to side-step and sway.  

Forest Community Center at Sandhill Park.

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