Third Round of Stimulus Checks May Include College Students

Emily Borchardt hopes her wealth has changed - by at least $ 1,400.40 from his $ 1.9 billion relief plan. 

 "That would take a tremendous weight off my father and shoulders, especially since I'm unemployed and we're not sure when [the economy] will open again, ”she says. 

The 21-year-old was barely getting by before the pandemic, balancing a full-time class load and several part-time jobs until she was laid off in March. She has since struggled to pay her bills.

While most Americans, some dependents like Borchardt have been completely barred from pandemic aid payments. College students ages 18 to 24, as well as other adult dependents and all 17-year-old elders, were not eligible for the stimulus checks. Rough estimates suggest that more than 8 million undergraduate students missed the two stimulus checks due to their dependent status. Whether they both the parents or taxpayers who claimed them received any money. 

President-elect Joe Biden's $ 1.9 trillion massive coronavirus stimulation scheme includes a third round of stimulation tests. The total amount of up to $ 2,000 was supported by many lawmakers. Full payments will be for people with adjusted gross income of $ 75,000 or less for singles and $ 150,000 for couples without dependents. The stimulus payments will gradually decrease for those earning on those amounts.

Forbes has a third stimulus measure to help estimate how much money you could get. You can access the calculator here.

 It is expected that lawmakers on both sides of the aisle will support the $ 1,400 payout but potentially some other terms of the plan - up to the minimum wages and other spending proposals - will face stiff opposition in Congress even under Democratic control. That coupled with a probable impeachment trial for President Donald Trump could delay the stimulus tests until mid-February at the earliest until the end of March. received a total of $ 2,000 in relief money for those who needed it most, "Biden said at the proposed presentation." $ 600 appropriated is simply not enough.

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