Conservative media have labeled higher education as a “privilege” and suggested students ought to choose fictional cheaper colleges.
Starting April 18, loan forgiveness letters will go out to approximately 387,000 borrowers who have been identified as totally and permanently disabled.
Middle-class families grappling with the rising cost of college often find solutions in borrowing. The result has been an explosion in student debt.
by Marian Wang, ProPublica. Parents are increasingly struggling to repay federal loans they’ve taken out to help cover their children’s college costs, according to newly released federal data. The Parent Plus program allows parents to take out essentially uncapped amounts to cover college costs, regardless of the borrower’s income or ability to repay the loan. […]
Senator Elizabeth Warren (D-MA) rose to the floor of the Senate on Wednesday to call on Congress to confront the escalating crisis resulting in students amassing a lifetime of debt while pursuing higher education. “Adjusted for inflation, a young person today will pay 300 percent of what her parents paid just 30 years ago,” Warren […]