Tag: Loans

A Yom Kippur reminder: The idea of debt forgiveness dates at least as far back as the Bible

A Yom Kippur reminder: The idea of debt forgiveness dates at least as far back as the Bible marketplace

This Rosh Hashana and Yom Kippur mark the start of a Shmita year, a period described in the Torah when creditors were supposed to release debtors from their obligations By Jillian Berman Last Updated: Sept. 16, 2021 at 3:41 p.m. ETFirst Published: Sept. 15, 2021 at 2:04 p.m. ET Over the past couple of years, the idea of debt forgiveness — […]

JELF raises average student loan in 2021, providing more support to deserving students than ever before! (12/21/20)

JELF raises average student loan in 2021, providing more support to deserving students than ever before! (12/21/20) extra extra

In 2021, JELF (Jewish Educational Loan Fund) provided 400 interest-free loans to Jewish college, graduate, and vocational students with a total of $1.8 million. This increase in loan amount allowed JELF to raise the average student loan by $400 over the previous year, which was especially important during this past year as inflation rose exponentially.  […]