‘Just Kidding’: Biden Yanks Student Loan Forgiveness From 770,000 Borrowers
By Tyler Durden In a jarring reversal, the U.S. Department of Education on Thursday quietly revised its online guidance on who qualifies for the $10,000…
Student Debt
$400 Billion!? Biden Student Loan Forgiveness To Cost Far More Than Initial Estimate
By Tyler Durden President Joe Biden’s student loan forgiveness plan will cost at least $400 billion over three decades, blowing away initial estimates of $300…
Student Loan Forgiveness May Result In A State Tax Bill In Over A Dozen States
By Tyler Durden Those excited about the forthcoming student loan forgiveness are now finding out that they may wind up getting hit with a state…
Biden Cancels $10K of Students’ Debt, Extends Loan Freeze Again
By Kate Anderson Pell Grant recipients can expect relief of up to $20,000, according to today’s announcement. After four payment pauses, Biden announced that the…
I Could Pay Off My $50k Student Loan in a Few Years — if Government Stopped Taking My Money
By Holly Jean Soto Twelve-thousand dollars. That’s how much the government will take out of my income this tax season. As a college graduate, I…
Top 20% Gets 6x More Benefits from Student Debt Cancellation than Bottom 20%, New Study Finds
By Brad Polumbo From Sen. Elizabeth Warren to Rep. Alexandria Ocasio-Cortez, some of the most prominent progressive politicians in the country are pushing hard for…
The Real Cost: Student Loan Debt Is Impacting The Entire Economy
By Mac Slavo Student loan debt has reached record level highs and its impacts are being felt throughout the entire economy. This crisis will be…
Americans Are Drowning in Student Loans, New Household Debt Report Shows
By Craig Eyermann U.S. government-sponsored student loan debt has become an escalating problem for the finances of many American households. The latest household debt report from the…
Proposed Federal Law Will “Garnish Wages” from Paychecks of Student Loan Holders
By Matt Agorist As government subsides continue to flow into colleges across the country, the price of tuition continues to skyrocket, with some rates shooting…
Student Debt Crisis Worsens: Florida Board Of Health Suspends Licenses Over Defaults
By Mac Slavo The Florida Board of Health has suspended thousands of healthcare licenses over defaults on student loans many used to earn their licenses….
Economic Woes: Student Loan Debt Crisis Is About To Get Worse
By Mac Slavo As politicians continue to point to a booming economy with a low unemployment rate, the real evidence that those surface numbers aren’t…
11 Facts About America’s Wildly Out Of Control Student Loan Debt Bubble
By Michael Snyder Higher education has become one of the biggest money-making scams in America. We tell all of our young people that if they…
Colleges Can Kill Creativity By Offering One-Size-Fits-All Education
By Steven Maxwell With student debt at record levels (and a more aggressive approach to collecting those loans), combined with a diminishing guarantee of employment…
Student Loan Debt is Getting Ugly
By Craig Eyermann On May 31, 2018, the total public debt outstanding of the U.S. government stood at $21.145 trillion dollars. Of that amount, $1.211 trillion was borrowed…