From the earliest days of his administration, President Biden has been under pressure from activist groups and many fellow Democrats to take action to relieve students of their college loan debts. For example, a coalition of 105 organizations urged him to unilaterally cancel most or all of the more than $1.6 trillion that students owe. … Continue reading “The Debate Over Canceling Student Loan Debt”
Now that President Biden has been sworn in as the 46th president, he wants to hit the ground running and attend to urgent priorities. One of his first moves was to extend student loan payment deferrals until October, buying time for further reforms to America’s higher education system. Deferrals will be one small part of … Continue reading “Biden Could Shake Up Higher Ed—If He Doesn’t Endorse the Status Quo”
I can’t remember a single alternative to college proposed to me, for me, my entire school-age life. That I would go to college after high school was presented by adults and taken by me as a given. How I would pay for it was always a thing to be figured out later. My mom had … Continue reading “Money for Nothing: The Worst of Student Loan Debt Hits College Dropouts”
When politicians and Education Department bureaucrats began designing policies to lessen college students’ federal loan burdens, they weren’t concerned much with the cost to the taxpayers. Their imperative was coming up with popular and ostentatious ways of helping indebted students; exactly how much doing so would drain the Treasury was of little consequence. At the … Continue reading “Student Loan Forgiveness: Uncle Sam’s Generosity Will Cost Much More than Previously Estimated”