For the January-March quarter, Sony posted a 197.7 billion yen ($1.3 billion) profit, up 5% from 189 billion yen the same quarter in the previous fiscal year. Sales were 2.6 trillion yen ($17.7 billion), down 24% from 3.48 trillion yen.
The applications were temporarily shut down earlier this year after a federal court in Missouri blocked the SAVE plan, a Biden administration plan that offered a faster path to loan forgiveness. The judge’s order also blocked parts of other repayment plans, prompting the Education Department to pause income-driven applications entirely.Amid pressure from advocates, the department reopened the applications on May 10.
Borrowers can apply for the following income-driven plans: the Income-Based Repayment Plan, the Pay as You Earn plan and the Income-Contingent Repayment plan.Abrams expects applications will continue to be approved but at a slower pace than before the application pause.Borrowers currently enrolled in an income-driven plan should be receiving notifications about recertification, said Khandice Lofton, counsel at the Student Borrower Protection Center. Recertification is required annually to update information on family size and income, and dates are different for each borrower.
To review income-driven repayment plans, you can check theBorrowers enrolled in the
have been placed in administrative forbearance while a legal challenge is resolved. That means they don’t have to make payments and interest is not accruing. Time in forbearance normally does not count toward Public Service Loan Forgiveness.
The Education Department will notify borrowers with updates on payments and litigation.In the Dallas area, departures were grounded at Dallas Love Field and Dallas-Fort Worth International Airport for part of the day because of thunderstorms, according to the Federal Aviation Administration. Hundreds of flights were canceled at DFW International Airport and dozens more at Love Field, according to FlightAware.
Tuesday night’s powerful storm knocked out power to more than 425,000 customers in Pennsylvania and 40,000 in Ohio, according to. Neighboring states also reported thousands of outages. About 300,000 Pennsylvania customers and nearly 19,000 in Ohio were without power late Wednesday.
A spokesperson for Pittsburgh-based Duquesne Light called the storm’s damage “unprecedented” for knocking out electricity, toppling trees and snapping power poles.About 325,000 customers lost power and more than 150,000 were still in the dark in the evening, the company said on its website. The utility was bringing in about 400 people from neighboring utility contractors to help restore electricity.