An executive action for student debt cancellation would provide much needed economic relief to millions of Black and Latinx families in order to avoid financial catastrophe during the continuing global pandemic.
It is time for colleges, states, and the federal government to prove their commitment to Black students with policy action—not just well-meaning statements and gestures.
Bloomberg has quietly begun to roll out a series of policy proposals, and this week, it was higher education’s turn. His plan says a lot about where consensus currently is—and is not.
Some presidential candidates' critiques promote unhelpful assumptions about who tuition-free and debt-free college would actually serve. (Spoiler: it's not millionaires and billionaires.)
The idea of canceling student debt has become a topic of considerable debate. Here's what you need to know about the Warren and Sanders student debt plans and what still needs to be answered.
Senator Elizabeth Warren just unveiled the first plan of the 2020 election cycle that comprehensively addresses both college affordability and student loan debt simultaneously.
Rather than excluding students, progressive states like New Jersey have an opportunity to lead and expand the universe of the possible on issues like free college.
While some fairly valuable tax breaks for students have been kept from the chopping block, the Senate GOP’s tax bill could go a long way toward decimating funding for public colleges and universities, and community colleges in particular.
To summarize, the House Republican tax plan would get rid of several incentives—from the ability to deduct student loan interest as well as tuition, to the Lifetime Learning tax credit—which provide middle-class students and borrowers with some relief at tax time.
The top three economic issues for young people are debt-free public college, paid family and medical leave and a higher minimum wage (followed closely by affordable childcare).
It's time to recognize that in a world where most students must borrow for a credential, borrowers should receive the same failsafe protections on these loans as they do on any other consumer loan.
