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Education Committee Hears of Need for Youth Financial Literacy

BY Unicameral Update | February 1, 2021 The Education Committee heard testimony Feb. 1 on two bills intended to improve Nebraska students’ personal finance skills. Under LB327, introduced by Sen. Julie Slama of Peru, students must complete at least one half-credit hour of a personal finance or financial literacy course prior to graduation, beginning in school year 2022-23. “Without a requirement that all students have a basic understanding of personal finance,” she said, “we’re risking the financial future of our youth.” LB452, introduced by Omaha Sen. Terrell McKinney, would require each school district to create a financial literacy program and incorporate it into its K-12 curriculum.

Rural U S States Get Larger Share of PPP Loans in Latest Round

Rural U S States Get Larger Share of PPP Loans in Latest Round
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Rural small businesses get largest share of PPP money in latest round

Bloomberg | Jan 29, 2021 By Polly Mosendz, Zachary R. Mider, Laura Davison and Yueqi Yang Small businesses in Nebraska, Oklahoma and other rural states have been the most successful at getting federal pandemic relief in the $284 billion round of aid that opened this month, buoyed by a new rule that authorizes loans to many farms that didn’t qualify before Measured by their share of the nation’s small-business payroll, four states, also including North Dakota and Wyoming, got more than twice their share of Paycheck Protection Program loans, based on an analysis of data from Jan. 11 to Jan. 24 released by the Small Business Administration this week.

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