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Student Debt Crisis

We Don't Have a Student Debt Problem; We Have a Common Sense Crisis

Sol Palha | Posted 08.12.2016 | Business
Sol Palha

The student debt crisis is only a crisis because gullible parents are supporting spoilt brats, and allowing them to believe they are the chosen ones, when in fact, they are not.

Understanding Taxable Forgiveness on Your Student Loans

Equal Justice Works | Posted 05.27.2016 | College
Equal Justice Works

Student loans can be a heavy burden on any borrower struggling to make monthly payments. Thankfully, the Department of Education offers some relief in...

Senator Tim Kaine on the College Debt Crisis

Quora | Posted 05.09.2016 | Politics

These questions originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights. ...

The Easiest Way To Reduce Your Student Loan Payment

The Huffington Post | Shahien Nasiripour | Posted 04.04.2016 | Business

You don't need income or a job to remain current on your federal student loans. It's one of the little-known facts about the government's student loan...

Before Encouraging Students To Gamble, Teach Them To Count Cards

Adam Carroll | Posted 03.22.2016 | Education
Adam Carroll

Last week I received an email message from a professor at a State University in the Midwest relaying the story of her son, a capable 26 year old with ...

Why Millennials Are Shut Out Of The American Dream

The Huffington Post | Shane Ferro | Posted 02.12.2016 | Business

The kids are not alright. The kids, might, in fact, be screwed. Millennials are the first generation in the modern era that's overwhelmingly blocked ...

3 Charts That Show Just How Dire The Student Debt Crisis Has Become

The Huffington Post | Shahien Nasiripour | Posted 02.03.2016 | Business

President Barack Obama has said that a college degree "has never been more valuable." But if you borrow to finance your degree, the immediate returns ...

For the Student Debt Movement, Jubilee Is an Old Idea Made New

Roger Hickey | Posted 02.02.2017 | Politics
Roger Hickey

Although the whole society benefits from widespread college education, the burden of paying for this public good has been placed directly on individuals. That's why we have proposed a bold but simple solution to the student debt problem -- to eliminate it altogether.

The Obama Administration Just Hired One Of Its Biggest Critics

The Huffington Post | Shahien Nasiripour | Posted 01.14.2016 | Politics

A former federal regulator and Elizabeth Warren acolyte who has repeatedly questioned the Obama administration’s treatment of student loan borrowers...

Wall Street Is Pummeling The Nation's Largest Student Loan Company

The Huffington Post | Shahien Nasiripour | Posted 01.08.2016 | Business

Student loan giant Navient Corp. plunged on Wall Street Thursday to an all-time low that for the first time was less than the company's book value. Na...

Part Two: Ten Things You Should Know About Public Service Loan Forgiveness

Equal Justice Works | Posted 12.22.2016 | College
Equal Justice Works

This is Part Two of a two-part series about Public Service Loan Forgiveness. Be sure to check out Part One here! In Part One of this series, we talke...

Part One: Ten Things You Should Know About Public Service Loan Forgiveness

Equal Justice Works | Posted 12.14.2016 | College
Equal Justice Works

There's no way to make 120 payments in less than 10 years, even if you try to double up on the monthly amount. Since the program was enacted in 2007, the Department of Education will not begin accepting applications until 2017.

The Economy Is Improving, So Washington Has Decided It's Time To Screw You

The Huffington Post | Shahien Nasiripour | Posted 12.21.2015 | Politics

Congress appears to think the U.S. economy has improved so much that it’s time to turn the screws on American households. Convinced that consumers a...

Love and Student Debt: How the New REPAYE Plan Could Affect Marriages

Equal Justice Works | Posted 11.25.2016 | Money
Equal Justice Works

Unlike PAYE, which is only open to students who took out loans after October 2007, the REPAYE plan will be open to anyone who borrowed directly from the federal government. This includes older borrowers who were previously shut out from PAYE.

New Student Debt Report Takes Close Look at Class of 2014

Equal Justice Works | Posted 11.16.2016 | College
Equal Justice Works

Like previous TICAS reports, "Student Debt and the Class of 2014" provides a comprehensive overview of the student debt crisis by combining a bird's eye view of the national scope of educational debt with state-by-state data.

Democrats Push Arne Duncan To Aid Defrauded For-Profit College Students

The Huffington Post | Shahien Nasiripour | Posted 11.09.2015 | Politics

Education Secretary Arne Duncan should stop delaying promised debt relief to defrauded student loan borrowers and use a recent federal court ruling to...

Student Loan Borrowers To Pay More Under Tentative Budget Pact

The Huffington Post | Shahien Nasiripour | Posted 10.27.2015 | Politics

Americans with federal student loans will pay more under the tentative budget deal struck on Monday by the White House and congressional leaders, than...

Education Department Pays Debt Collectors Millions After Finding Wrongdoing

The Huffington Post | Shahien Nasiripour | Posted 10.27.2015 | Politics

Large student loan debt collectors that the U.S. Department of Education in February vowed to fire after accusing them of misleading troubled borrower...

Educating for Democracy: Something of Value

Joel Shatzky | Posted 10.18.2016 | Education
Joel Shatzky

The recent series of shootings on college campuses reminded me of how fragile our "civilization" really is, hanging by a thread of "normalcy."

Robocalls Emerge As Latest Fix For Nation's Student Loan Crisis

The Huffington Post | Shahien Nasiripour | Posted 10.16.2015 | Politics

The Obama administration and the student loan industry reckon they know how to fix America’s student debt crisis: Bombard Americans’ cell phones w...

Arne Duncan Resigns Amid Legacy-Threatening Student Debt Crisis

The Huffington Post | Shahien Nasiripour | Posted 10.05.2015 | Politics

U.S. Education Secretary Arne Duncan came to Washington to reform K-12 schooling. But as he announced Friday that he plans to leave office in December...

Consumer Regulator Considers Student Loan Rules To Fix 'Widespread Failures'

The Huffington Post | Shahien Nasiripour | Posted 09.29.2015 | Politics

The federal Consumer Financial Protection Bureau said Tuesday it is weighing new rules governing the $1.3 trillion student loan market after releasing...

Why Renewing Perkins Matters

Susan Henking | Posted 09.28.2016 | College
Susan Henking

Without Congressional action, the expiration for one of our country's oldest and furthest-reaching student loan program is only days away. Some of the over 1500 participating institutions and 500,000 students will be hurt more than others.

Struggling Borrowers At Higher Risk Of Default As Education Department Resists Recommendations

The Huffington Post | Shahien Nasiripour | Posted 09.18.2015 | Politics

Millions of Americans are more likely to default on their federal student loans because the Education Department refuses to tell them they’re eligib...

CFPB Considers Suing Student Loan Giant Navient For Cheating Borrowers

The Huffington Post | Shahien Nasiripour | Posted 08.25.2015 | Politics

Federal regulators are considering suing Navient Corp., the nation's largest student loan company, for allegedly cheating borrowers, the company said ...