STUDENT LOAN DEBT
Military Times: Student Loan Forgiveness Benefit on the Chopping Block
A benefit that lets service members and other government workers write off student loan debt would vanish under a new proposal in Congress. Republican-backed legislation would eliminate a program that allows borrowers in full-time public [...]
Marketwatch: Job-Training Programs at For-Profit Colleges Actually Make Students Worse Off
Students who attend programs at for-profit colleges with hopes of training for a career appear to end up worse off than if they never moved on to higher education at all. After attending certificate programs [...]
PBS NewsHour: For-Profit College Students Twice as Likely to Default on Loans, Report Says
WASHINGTON — Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public educational institutions, according to a federal study published Wednesday.
Bloomberg News: Betsy DeVos Tells CFPB to Back Off on Student Loans: The Agency Has Survived the Trump Administration So Far; Will the Education Department Be the One to Kneecap It?
When federal policymakers killed banks’ ability to make government-backed student loans, David Bergeron should have been celebrating. A career official at the U.S. Department of Education, he had favored the move for years; it would save [...]
The Buffalo News: Students of For-Profit Colleges Struggle the Most Repaying Loans
Students who attended for-profit institutions struggled the most to pay down the principal on their student loans. For-profit schools also produced lower shares of students who earned annual incomes of at least $25,000. Nearly 85 [...]
Forbes: How The White House Is Harming College Borrowers
For more than a generation, the GOP trope with a nod and a wink was "I'm here from Washington and I'm here to help." Yet sometimes, government policies do help Americans -- especially those with crippling college [...]
Greensboro News & Record: Opinion: Debt But No Degree
The Trump administration set out to reverse federal regulations developed by its predecessor, and Education Secretary Betsy DeVos is following that directive. Last month, she froze a rule that would help students get out of [...]
Associated Press: Promised College Loan Forgiveness, Borrowers Wait and Wait
BOSTON (AP) — Danielle Ramos’ student-debt nightmare was supposed to be over. Like thousands of others who studied at failed for-profit colleges, she was promised by the U.S. Education Department under President Barack Obama that [...]