Student loan debt is now approaching $2 trillion – talk about a bubble waiting to burst. "It doesn't have to be this way," Sen. Elizabeth Warren says as she introduces the Bank on Students Emergency Loan Refinancing Act.
Don’t be fooled by the U.S. News & World Report’s annual college rankings. With the usual suspects taking the lead, like Harvard and Yale, you may be asking yourself why the rankings are so disingenuous.
Now that a student loan interest-rate bill has passed the Senate and is almost certain to pass the House this week, it is time to take a closer look at […]
Rep. Virginia Foxx (R-N.C.) thinks that it is not Congress’s job to keep college affordable. That’s what she said at a House Education and the Workforce Committee markup last week […]
Reports are that a student loan deal is in the works, with a vote as early as today. If consummated, it will have bipartisan support in the Senate and the […]
Congress should do the right thing the right thing for our people, our country and our economy and provide a free college education to everyone who qualifies. Instead student loan […]
Senators met with President Obama and Vice President Joe Biden Tuesday night to hash out a student loan deal – and came up with another bad solution for students. Have […]
Once this nation saw higher education as a citadel of learning, growth, and opportunity. Now student debt is being used as a cash cow to subsidize corporate tax breaks, while […]
Republicans in the Senate rejected their own student loan deal today after the Congressional Budget Office released its potential cost. The CBO announced today that the bipartisan student loan deal […]
Last night, a group of Democratic senators did the unthinkable. They signed on to a plan that increases interest rates on student loans substantially. Why? The Republicans filibustered the bill that would have passed easily otherwise.
Once again, Congress has failed our students. Today, the bill to roll back student loan interest rates to 3.4 percent proposed by Sen. Jack Reed (D-R.I.) failed to get cloture, […]
A basic economic principle is government ought to tax what we want to discourage, and not tax what we want to encourage.
Now that the deadline has passed to prevent student loan rates from doubling to almost 7 percent, some members of Congress are scrambling to fix the problem before students sign […]
I got a check from the U.S. Treasury in the mail this week. It was both a surprise and a mystery. It was a surprise, because I wasn’t expecting any […]
Interest rates on student loans will double to 6.8 percent on July 1 unless Congress acts. But it seems increasingly likely that the Congress will take off for the Fourth […]
As the deadline of July 1 approaches for preventing student Stafford Loan rates from doubling to 6.8 percent, it seems less and less likely Congress will be able to push […]
A fresh possibility for helping to solve the student loan crisis has emerged – in the form of Sen. Sherrod Brown’s (D-Ohio) Refinancing Education Funding to Invest for the Future […]
The clock is ticking. Without action by Congress student loan rates double at the end of the month — less than two weeks. If you don’t want student loan rates […]
The clock is ticking on student loan interest rates.
The Senate on Thursday, in a real sense, filibustered the future. A Republican minority set themselves up as a roadblock against college students struggling to pay for their education and […]
The U.S. Congress votes readily to subsidize the big banks to our peril. The Congress lavishes subsidies to Big Oil to our shame. Congress allows Big Pharma to help health […]
Today President Obama is joining college students at a White House event launching a new push to keep student loan rates from doubling in July. Among the various plans offered, […]
As part of their latest effort to rebrand the GOP as a more caring party, House Republicans are scheduled this week to put forward a student lending bill called the […]
Do you think that student loan debt is only a problem for college students and perhaps their parents? The escalation of student loan debt in the past decade is a millstone around the neck of the entire economy, and you are touched by its effects.