Tag: Student Debt
Federal Legislation Slams Student Loan Borrowers, Despite the Recent Student Loan Deal
There was recently a lot of hullabaloo in Washington about student loans. Undergraduate federal student loan interest rates were set to double, and this would have increased the cost of an undergraduate education by many thousands of dollars per student. Luckily, just days before the increase was slated to take effect, a divided Congress and the [...]
Student Debt in Perspective
$ ,000 1. Enter Your Student Debt Amount! 3. Share this infographic with your friends Over the last few decades, student debt has exploded Use this calculator to see what that debt looks like in context. But don’t stop there. Do something about it. Get involved withYOUNG INVINCIBLES 2. Convert My Debt Into… Avg. Down [...]
“Student loan rate deal reached, Senate leaders say” We still need comprehensive reform, this is not enough!
Student loan rate deal reached, Senate leaders say By Rosalind S. Helderman Top leaders in the Senate say they have reached a deal on freezing student loan rates for another year, though they are still deciding the mechanics for how the proposal should make its way through the Congress in the final busy days before lawmakers [...]
Forgive Us Our Student Loan Debts?
Maria Mayo March 8, U.S. Rep. Hansen Clarke proposed theStudent Loan Forgiveness Act of 2012 (H.R. 4170). In making a case for the bill, he observed that the unemployment rate for college graduates was 9.1 percent in 2011, and that Americans’ outstanding student loan debt obligations now exceed $1 trillion. The bill aims “to increase purchasing power, strengthen [...]
Occupy Graduation: Students Shackle Themselves to Debt
Occupy Graduation: Students Shackle Themselves to Debt Students Nationwide Wear Debt Ball and Chain Occupy Colleges, a group that stands in solidarity with Occupy Wall Street, has been encouraging students across the nation to occupy their graduation to raise awareness about student debt. Occupy Colleges has been sending students inflatable debt balls and chains to wear as [...]
STOP THE STUDENT LOAN INTEREST RATE FROM DOUBLING!
“Obama warns of congressional inaction on student loan bill” Rosalind S. Helderman and Amy Gardner, Published: June 7 LAS VEGAS — With a July 1 rate increase on education loans approaching, President Obama told students here on Thursday that it is Congress’s job to move swiftly to prevent the rise, even as Republicans in Washington accused him of ignoring their [...]
College costs rising out of control
To the editor: It should come as no surprise to most that college tuition rates have been rising steadily over the last 20 years, with most public institutions currently charging students nearly four times more than they were in the late ’90s. Apart from impacting the financial futures of young people nationwide, high college costs [...]
