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Nearly $5 billion in additional student loan forgiveness approved by Biden administration
Nearly $5 billion in additional student loan debt forgiveness for over 80,000 student borrowers has been approved, the White House announced Wednesday. The relief is made possible by fixes to the Public Service Loan Forgiveness program.
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans, according to the White House.
Borrowers are eligible for relief through the Public Service Loan Forgiveness program, which allows certain public-sector employees to have their remaining debt forgiven after they have made 10 years’ worth or payments, or if they “have been in repayment for at least 20 years – but didn’t accurately get credit for student loan payment,” the White House said.
“From Day One of my Administration, I vowed to improve the student loan system so that a higher education provides Americans with opportunity and prosperity — not unmanageable burdens of student loan debt,” said Biden.
Bonnie Cash/UPI/Bloomberg via Getty Images
“I won’t back down from using every tool at our disposal to get student loan borrowers the relief they need to reach their dreams.”
In October, the Biden administration announced that it would be forgiving $9 billion in student debt for 125,000 borrowers, a move that coincided with the resuming of student loan repayments after a more than three-year hiatus.
This most recent debt cancellation is the latest push by the Biden administration to erase some student loan debt following a June ruling by the Supreme Court that invalidated the administration’s plan for broad-based student loan forgiveness. The plan would have helped more than 40 million borrowers erase up to $20,000 each in debt.
“In the wake of the Supreme Court’s decision on our student debt relief plan, we are continuing to pursue an alternative path to deliver student debt relief to as many borrowers as possible as quickly as possible,” said Biden.
Borrowers can visit studentaid.gov to apply for this latest round of forgiveness.
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Helene disrupts yellow jacket, bee nests in North Carolina, prompting massive Benadryl, EpiPen requests
Deadly flooding from Hurricane Helene in western North Carolina has disrupted the underground nests of yellow jackets, bees and other insects, causing them to swarm and sting people struggling to recover from the storm.
It has caused such a surge in requests for medication to protect people allergic to stings that the North Carolina Department of Health and Human Services is buying Benadryl and epinephrine injections to help fill requests through hospitals, emergency medical personnel and doctors.
Pharmacists in the state can also provide emergency refills for people who are already prescribed allergy medications, according to a state health department spokesperson. The state is planning to allow people to buy epinephrine injections such as EpiPens without a prescription, and it is working to collect and distribute donations of medicines.
While most people are not allergic to stings from bees and other insects, irritation and pain can be intense and stings can swell and remain painful for days, according to the Mayo Clinic. And some people can have a severe allergic reaction that can lead to anaphylaxis that can cause difficulty breathing, swelling of the tongue and throat, weak pulse and loss of consciousness. In these situations, it’s critical to administer epinephrine immediately.
Being stung more than a dozen times can also cause a buildup of venom in the body that can cause serious sickness that can include dizziness, fever, convulsions or vomiting.
To reduce the risk of getting stung, experts recommend wearing long and light-colored clothing that has a smooth finish, avoiding perfumes and smelly soaps and deodorants.
If there’s only one stinging insect around, they recommend staying calm and still, and to avoid swatting at it. But if several are stinging, they say it’s better to try to quickly get indoors or into a shaded area. Bees release a chemical when they sting that attracts other bees.
Several hospitals across the U.S. are grappling with shortages of IV fluid after flooding from Hurricane Helene forced medical fluid manufacturers to halt production.
Baxter International, the leading supplier of IV fluids to hospitals, said its facility in Marion, North Carolina, remains closed for the foreseeable future.
“Baxter’s North Cove facility affected by flooding and currently closed for production as the company assesses extent of the impact,” the company says in a statement on its website.
The company, which supplies about 60% of the country’s IV fluid bags, added that it’s working with federal agencies to support recovery efforts and “mitigate supply disruption to patients.”
IV fluids are administered intravenously to treat dehydration and are critical for surgery, during which patients are asleep for a long time and unable to eat and drink.
“Remediation efforts are already underway, and we will spare no resource — human or financial — to resume production and help ensure patients and providers have the products they need,” José (Joe) E. Almeida, chair, president and chief executive officer at Baxter, said in a statement.
Mass General Brigham is among the health care systems that has not received its usual supply of IV fluid. Chief preparedness and continuity officer Dr. Paul Biddinger said during a press conference Friday that the hospital network expects to receive about 40% of what it usually gets from Baxter.
Biddinger called the supply constraint “one of the biggest shortages” the hospital network has ever dealt with.
Other manufacturers of IV fluids say they’re ramping up production to help cover the shortage. B. Braun said none of its manufacturing sites were affected by the Hurricane Helene, and that it’s “taking immediate steps to increase production at our pharmaceutical manufacturing sites in Irvine, California, and Daytona Beach, Florida, focusing on critical IV fluids.”
The company as also placed its products on “protective allocation” and is encouraging providers that administer IVs to practice conservation, including by using alternative hydration methods, a spokesperson told CBS MoneyWatch.
ICU Medical, another IV fluid manufacturer, said it’s also taking steps “to increase production to help meet market needs while continuing to support our existing customers.”
Hospitals also experienced IV fluid shortages in 2017, when Hurricane Maria disrupted manufacturing.
“Having experienced similar challenges in the wake of Hurricane Maria in 2017, we continue to be mindful of how we manage the supply of these medications to ensure minimal impact on our patients. Hospital operations continue as normal and patient care remains unaffected,” Dr. Biddinger of Mass General Brigham said in a statement.
Several hospitals across the U.S. are grappling with shortages of IV fluid after flooding from Hurricane Helene forced medical fluid manufacturers to halt production.
Baxter International, the leading supplier of IV fluids to hospitals, said its facility in Marion, North Carolina, remains closed for the foreseeable future. In a statement on its website, the company says, “Baxter’s North Cove facility affected by flooding and currently closed for production as the company assesses extent of the impact.”
The company, which supplies about 60% of the country’s IV fluid bags, added that it’s working with federal agencies to support recovery efforts and “mitigate supply disruption to patients.”
IV fluids are administered intravenously to treat dehydration and are critical for surgery, during which patients are asleep for a long time and unable to eat and drink.
“Remediation efforts are already underway, and we will spare no resource — human or financial — to resume production and help ensure patients and providers have the products they need,” José (Joe) E. Almeida, chair, president and chief executive officer at Baxter, said in a statement.
Mass General Brigham is among the health care systems that has not received its usual supply of IV fluid. Chief preparedness and continuity officer Dr. Paul Biddinger said during a press conference Friday that the hospital network expects to receive about 40% of what it usually gets from Baxter.
Biddinger called the supply constraint “one of the biggest shortages” the hospital network has ever dealt with.
Other manufacturers of IV fluids say they’re ramping up production to help cover the shortage. B. Braun said none of its manufacturing sites were affected by the Hurricane Helene, and that it’s “taking immediate steps to increase production at our pharmaceutical manufacturing sites in Irvine, California, and Daytona Beach, Florida, focusing on critical IV fluids.”
The company as also placed its products on “protective allocation” and is encouraging providers that administer IVs to practice conservation, including by using alternative hydration methods, a spokesperson told CBS MoneyWatch.
ICU Medical, another IV fluid manufacturer, said it’s also taking steps “to increase production to help meet market needs while continuing to support our existing customers.”
Hospitals also experienced IV fluid shortages in 2017, when Hurricane Maria disrupted manufacturing.
“Having experienced similar challenges in the wake of Hurricane Maria in 2017, we continue to be mindful of how we manage the supply of these medications to ensure minimal impact on our patients. Hospital operations continue as normal and patient care remains unaffected,” Dr. Biddinger of Mass General Brigham said in a statement.
Helene disrupts yellow jacket, bee nests in North Carolina, prompting massive Benadryl, EpiPen requests
Hospitals across the U.S. face IV fluid shortage after Hurricane Helene
Hospitals across the U.S. face IV fluid shortage after Hurricane Helene
Helene disrupts yellow jacket, bee nests in North Carolina, prompting massive Benadryl, EpiPen requests
Hospitals across the U.S. face IV fluid shortage after Hurricane Helene