Biden administration releases nearly $1 billion in education funds for Puerto Rico

SAN JUAN, PUERTO RICO — The U.S. Department of Education will release nearly $1 billion in federal funds to help Puerto Rico respond to both the pandemic and a series of natural disasters in the Biden administration’s latest move to reset relations with the island, officials said Monday. The U.S. territory will immediately be able to access $912 million in education funds that had previously been held up by grant restrictions imposed by the Trump administration, U.S. Secretary of Education Miguel Cardona said. “It’s important that we establish a strong partnership with Puerto Rico to reverse t…

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HEDGE accordingly