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Most college students won’t get stimulus checks—but they should

May 6, 2020

Via: Fortune

To ease the financial suffering of Americans during the coronavirus pandemic, the U.S. Congress recently passed numerous stimulus bills totaling hundreds of billions of dollars.

Yet college students were all but forgotten by each subsequent relief package.

For instance, through the Economic Impact Payments, most individuals making under $75,000 a year have received (or will soon receive) $1,200 in stimulus funds, while married couples making under $150,000 will get $2,400. Parents with children 16 and under are eligible for an additional $500 per child, meaning that anyone aged 17 to 24 who’s claimed as a dependent on their parents’ taxes is ineligible for stimulus funds.

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