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Tag: Student Loan Debt
Students
Biden Rejects Proposal to Cancel $50,000 in Student Loan Debt
At a CNN town hall on earlier this week, President Joe R. Biden rejected the proposal to cancel $50,000 of student loan debt per student, CNN reported. “I will not make that happen,” Biden said. Democrats like Senate Majority Leader Chuck Schumer, Sen. Elizabeth Warren and Rep. Ayanna Pressley urged Biden to use executive power […]
February 18, 2021
Students
Beverage Company Makes $10M Investment in HBCUs
To address student loan debt inequities, Diageo North America — a beverage company popularly known for Smirnoff vodka, Guinness beer and Crown Royal whiskey, among other brands — has donated $10 million to 25 historically Black colleges and universities (HBCU) across the country.
February 11, 2021
Students
Report Examines Value of a Postsecondary Degree From Students’ Perspective
To understand how college graduates perceive the overall value of a postsecondary degree, the Indiana Commission for Higher Education released the “2020 Gallup-Indiana Graduate Satisfaction Survey.”
October 8, 2020
Students
Ed Department Urged to Help Erase Debt of Borrowers With Disabilities
Two letters sent to the U.S. Department of Education Tuesday urge Education Secretary Betsy DeVos to help erase the student debt owed by borrowers with disabilities, reported NPR. While these borrowers qualify to have their federal student loans erased, the process to do so is cumbersome, said one letter that was signed by more than […]
March 4, 2020
Students
New Morehouse Program Addresses Student Loan Debt
Morehouse College is launching a fundraising and research initiative to help graduates pursue advanced degrees, start careers and build wealth without being burdened by undergraduate student loan debt. The Student Success Program will solicit donations made specifically to reduce or eliminate the student loan debt of students, creating an opportunity for greater financial freedom for […]
August 8, 2019
Students
Congress Can Act to Help Students Navigate College Financing
Imagine making one of the most expensive purchases of your life when you don’t fully understand the terms and true cost. And add to that scenario that you know that you are not alone because most of your peers are just as bewildered as you are. That’s the painful reality for today’s high school students as they think about how they are going to pay for college.
August 7, 2019
Students
Survey Indicates How Student Borrowers Will Vote in 2020
A LendEDU study surveyed 1,000 eligible voters with student loan debt about how they plan to vote in the 2020 election. The results showed that for borrowers, candidates’ positions on student loan debt will be a major factor in how they vote.
July 29, 2019
Students
New Report: Student Loan Debt Widens Racial Wealth Gap
Student loan debt is swelling for graduates across the country. But according to a new report, the crisis is hitting students of color the hardest – and widening the racial wealth gap in the process. The National Association for the Advancement of Colored People and the Center for Responsible Lending released a report on the issue during the NAACP national convention in Detroit this week.
July 23, 2019
Students
Legislation Would Cancel All Existing Federal Student Loan Debt
Eliminating tuition and fees at all public four-year colleges and universities and making community colleges, trade schools and apprenticeship programs tuition- and fee-free for all students are highlights of federal legislation introduced Monday by U.S. Senator and presidential candidate Bernie Sanders of Vermont and representatives Pramila Jayapal of Washington and Ilhan Omar of Minnesota. The […]
June 24, 2019
Students
Warren Unveils College Debt Forgiveness Plan
COLUMBIA, S.C. — Democrat Elizabeth Warren is proposing the elimination of existing student loan debt for millions of Americans, part of a sweeping set of education funding proposals announced as she and other presidential candidates seek to differentiate themselves in a sprawling field. The Massachusetts senator says the proposal unveiled Monday would eliminate almost all […]
April 22, 2019
Students
House Education and Workforce Chair Discusses Priorities
In a half-hour session Monday afternoon that seemed to pass faster than a New York minute, U.S. Rep. Bobby Scott, D-Va., spoke and fielded a range of questions about education from about 40 media professionals attending a two-day Education Writers Association seminar titled “Covering Higher Education’s New Political landscape.”
January 28, 2019
Students
Settlement with For-Profit Will Omit Collecting Millions in Student Debt
Iowa Attorney General Tom Miller recently announced that under a new nationwide settlement with Career Education Corp., a for-profit education company, hundreds of Iowa students will receive over $1.4 million in debt relief. Under the settlement, Career Education Corp. (CEC) will omit collecting $493.7 million owed by 179,529 students around the nation, according to the Des […]
January 11, 2019
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