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Monday, October 23, 2017
student loans
Budget

In Trump’s Budget, Both Epic Betrayal And Mathematical Fraud

Aside from defense spending, the Trump budget violates nearly every programmatic promise he made to voters last year. And adding insult to real injuries, he pretends to fulfill his promise to balance the budget with fake numbers.

Not only are the numbers phony, but they represent the most audacious mathematical con game in a federal budget that anyone in Washington can remember. It is phonier than the phony budgets cooked up during the Reagan era, when the president’s own budget director eventually confessed, “None of us really understands what’s going on with all these numbers.”

May 26, 2017
College, Debt Free

What Free College Means Around The World

In a country where rising student debt grabs national headlines, efforts to make college “free” can also get attention. In truth, a large part of tuition costs are already subsidized in the U.S. through a combination of grants, tax breaks and loans. What causes waves is the ever-increasing sticker price, rather than what students actually pay.

January 13, 2017
GOP platform Paul Ryan

50 Extreme Right-Wing Proposals From The 2016 GOP Platform

Before Trump turned the Republican nominating contest into a battle of boasts and bullying, right-wing extremists had dominated the party. Their platform, not surprisingly, goes even further to the right than what’s even been heard from Trump.

November 8, 2016

Gail MarksJarvis: It’s Tax Time — Here Are Some Notable Credits And Deductions

After a few congressional tweaks, it’s worth it to explore the credits and deductions you could be missing.

March 2, 2016
Jorge Villalba poses for a portrait on Sept. 3, 2015 in Encino, Calif. Villaba is struggling to pay off student loan debt. (Brian van der Brug/Los Angeles Times/TNS)

Ask Carrie: Should I Consolidate My Student Loans?

Consolidation is not a straightforward decision. You have to think beyond simplicity to how a new loan might affect your finances over time.

February 17, 2016
Jorge Villalba poses for a portrait on Sept. 3, 2015 in Encino, Calif. Villaba is struggling to pay off student loan debt. (Brian van der Brug/Los Angeles Times/TNS)

One Way States Can Help Student Loan Borrowers

Although the federal government dominates the student loan market, there’s much states can do to help borrowers who are struggling.

December 15, 2015

College Debt Can Be Especially Dumb For Parents

Parent education loans can help your child attend the college of her dreams — and sink any dreams you had of ever retiring.

August 21, 2015

The Student Debt Time Bomb

The cost of higher education is out of control — and college debtors are fighting back.

March 11, 2015

Obama Administration Rules Target For-Profit Colleges

Find out how the Obama administration is protecting vulnerable students.

October 30, 2014

Graduation Day And $300,000 In Debt

By Maura Lerner, Star Tribune (Minneapolis) MINNEAPOLIS — Ashley Hall remembers clicking “yes” on the loan application and, inexplicably, laughing. Maybe it’s because the number seemed so surreal. Or because no one else in her family had done this before. But there she was, borrowing nearly $75,000. For her first year of veterinary school at […]

September 16, 2014

Where’s The Bread And Butter?

WASHINGTON — What if they held an election and nobody talked about how to improve people’s lives? The 2014 campaign is being waged against a backdrop of national news dominated by everything except the core economic worries of most Americans. Benghazi and Sgt. Bowe Bergdahl have been getting more attention than job opportunities and student […]

June 16, 2014

Senate Refuses To Take Up Bill To Refinance Student Loans

By Stephanie Haven, McClatchy Washington Bureau WASHINGTON — Divided along mostly partisan lines, the Senate refused Wednesday to take up a Democrat-backed bill that would have enabled individuals to refinance existing student loans to the lower interest rate Congress approved last year for new borrowers. Among the roadblocks: Democrats proposed paying the $55.6 billion price for […]

June 11, 2014

Obama Signs Order To Cap Student Loan Payments At 10 Percent Of Income

By Christi Parsons, Tribune Washington Bureau WASHINGTON — President Barack Obama on Monday signed an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help “open the doors of opportunity for all.” By amending student loan regulations to put the […]

June 9, 2014

As Parents Struggle To Repay College Loans For Their Children, Taxpayers Also Stand To Lose

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. […]

April 7, 2014