I hope you all had a wonderful week, but if you didn’t get a chance to catch up on the latest top financial stories — we got you covered here. Enjoy the weekend!
By Gary Dudak
The Big Lead: COLA Update Increases SNAP EBT Benefits by 12.5% Starting Oct. 1
Americans who receive Supplemental Nutrition Assistance Program (SNAP) benefits will get a needed financial boost thanks to a major cost-of-living adjustment (COLA) due to go into effect for fiscal year 2023. Read the full story here
More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today.
That’s Interesting: These Student Loans No Longer Qualify for Forgiveness — Is Yours One?
Under President Biden’s student loan forgiveness program, individual borrowers who earned less than $125,000 in 2020 or 2021 will see up to $10,000 or $20,000 of their federal student loan debt forgiven. As of Sept. 29, 2022, some loans may no longer qualify. Read the full story here
Bonus: Inflation Relief Payments Are Coming to These States
Inflation is still high, and consumer prices continue to steadily increase. Fortunately, some individual states are providing relief in the form of inflation relief checks. See the list of states
