US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on … [+] August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. – Bide...
Tag: student debt
How Colleges Conceal Their True Prices
getty In most industries, pushing a loan on naïve consumers without clarifying that it is, in fact, a loan, would invite outrage and a possible regulatory clampdown. In higher education, it’s business...
How To Prevent The Next Student Loan Crisis
WASHINGTON, DC – MAY 12: Student loan borrowers gather near The White House to tell President Biden … [+] to cancel student debt on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Ge...
“Gainful Employment For All” Isn’t Enough To Hold Higher Education Accountable
getty The Biden administration is likely to reinstitute the Gainful Employment (GE) rule, a federal regulation which aims to kick low-value higher education programs off federal student aid. Critics o...
“Gainful Employment” Could Shut Down Good Programs—Here’s How To Fix It
getty It has become clear that many of the colleges and universities that the federal government funds do not provide their students with a strong enough return on investment to repay their loans. Wit...
How To Invest $10,000 After Student Loan Forgiveness
Erasing “debt.” Getty Images You’ve likely heard about the student loan forgiveness announcement from President Biden. Key Takeaways This could be the perfect opportunity to start investin...
NYC, Austin, San Francisco & D.C.
Standing on a balcony. Getty Images Are you debating whether to take on student loans to help pay for college or grad school? Are you questioning whether student loans are even worthwhile in the long ...
Republicans Unveil Bill To Rein In Federal Student Loans
UNITED STATES – MARCH 25: Rep. Virginia Foxx, R-N.C., speaks at a news conference in the Capitol … [+] Visitor Center in support of the plaintiffs in the Sebelius v. Hobby Lobby Stores cas...
Bombshell Report Reveals Student Loans Cost More Than Anyone Thought
Getty getty In most cases, determining the cost of a government program is simple: add up what the Treasury spends and subtract any revenues the program generate. Not so with federal student loans. Fi...
Biden’s Education Department Proposes $85 Billion In New Student Loan Cancelations
FILE – Education Secretary Miguel Cardona speaks at an event where Vice President Kamala Harris … [+] announced the cancelation of all federal student loans borrowed by students to attend ...
Student Loan Forgiveness Could Be The Biggest Mistake Of Biden’s Presidency
President Joe Biden (Photo by Chip Somodevilla/Getty Images) Getty Images Student loan forgiveness could be the biggest mistake of Biden’s presidency. Here’s what you need to know — and what it means ...
Here’s When Biden Could Announce Student Loan Forgiveness
President Joe Biden (Photo by Anna Moneymaker/Getty Images) Getty Images President Joe Biden may not decide whether to forgive student loans until July or August. Here’s what you need to know — and wh...
Why Student Loan Forgiveness Has Been Delayed — 5 Takeaways
President Joe Biden (Photo by Kevin Dietsch/Getty Images) Getty Images Here’s why student loan forgiveness has been delayed. Here’s what you need to know — and what it means for your student loans. St...
Republicans Slam Biden On Student Loan Forgiveness
President Joe Biden (Photo by Anna Moneymaker/Getty Images) Getty Images Republicans slam President Joe Biden on student loan forgiveness. Here’s what you need to know — and what it means for your stu...
Student Loan Forgiveness Of $50,000 Gets Renewed Push
President Joe Biden (Photo by Kevin Dietsch/Getty Images) Getty Images Student loan forgiveness of $50,000 gets a renewed push. Here’s what you need to know — and what it means for student loans. Stud...
Biden Has Canceled $25 Billion Of Student Loans, But Student Loan Forgiveness Still Eludes Borrowers
President Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images President Joe Biden has now canceled $25 billion of student loans. Here’s what you need to know — and what it means for your stude...
Senators Propose Major Changes To Student Loan Forgiveness
Secretary of Education Miguel Cardona (Photo by Win McNamee/Getty Images) Getty Images Two U.S. senators have proposed major changes to student loan forgiveness. Here’s what you need to know — and wha...
Biden Cancels $5.8 Billion Of Student Loans
U.S. Secretary of Education Miguel Cardona (Photo by Joshua Roberts/Getty Images) Getty Images The Biden administration announced today that it will cancel $5.8 billion of student loans. Here’s what y...
Student Loan Cancellation Is An ‘Insult To The Majority Of Americans,’ Senator Says
Sen. Tom Cotton (Photo Courtesy of the Committee on Arrangements for the 2020 Republican National … [+] Committee via Getty Images) Photo Courtesy of the Committee on Arrangements for the 2020 R...
Student Loans Will Become More Expensive — Here Are The New Rates
President Joe Biden (Photo by NICHOLAS KAMM/AFP via Getty Images) AFP via Getty Images Student loans will become more expensive this year. Here are the new rates. Here’s what you need to know — and wh...
Student Loans May Get Canceled, But More Limits Mean You Might Not Qualify
President Joe Biden (Photo by Ethan Miller/Getty Images) Getty Images Student loans may get canceled, but more limits mean you might not qualify. Here’s what you need to know — and what it means for y...
Student Loan Forgiveness Is A ‘Loser Issue’
Bill Maher (Photo by Jeff Kravitz/FilmMagic, Inc for HBO Films) FilmMagic, Inc for HBO Films Bill Maher says that student loan forgiveness is a “loser issue.” Here’s what you need to know. Student Loa...
Should Biden Cancel Your Student Loans If You Already Paid Them?
President Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images Should President Joe Biden cancel your student loans if you already paid them? Here’s what you need to know. Student Loans As Bide...
What Should Republicans Do If Biden Forgives Student Loans?
2020 Democratic presidential hopeful former US Vice President Joe Biden speaks during the Women’s … [+] Leadership Forum Conference on October 17, 2019 in Washington DC. (Photo by Eric BAR...
Shocking Report Show Complete Mismanagement Of Your Student Loans
President Joe Biden (Photo by Alex Wong/Getty Images) Getty Images A new, shocking report shows complete mismanagement of your student loans. Here’s what you need to know — and what it means for your ...
Missouri Bill Would Fund Public Colleges Based On Graduates’ Earnings
ST. LOUIS, MO – NOVEMBER 02: Old Court House and Gateway Arch, as photographed from Citygarden in … [+] St. Louis, Missouri on NOVEMBER 02, 2012. (Photo By Raymond Boyd/Michael Ochs Archiv...
Most Student Debt Belongs To High-Wealth Households
getty Discussions of student debt too often neglect the fact that loans are intended as an investment vehicle. Students borrow money to finance an education, which is supposed to confer economic benef...