An estimated 40 million borrowers could be affected by a pair of cases before the Supreme Court that could block the Biden administration’s plan to cancel student debt.
A finance expert explains why President Biden’s student loan forgiveness program got blocked – and what’s next for student loan borrowers in search of relief.
Huge disparities in how much students pay for courses mean graduates of high-fee disciplines will take longer to repay their debts or might never do so. That will ultimately add to government debt.
When researchers examined the outcomes for cases to discharge student loan debt, they found that judges are often biased against people based on their gender and other factors.
Jamaal Abdul-Alim, The Conversation and Alvin Buyinza, The Conversation
As federal student loan debt continues to rise, a number of scholars discuss how debt affects the nation’s college students, graduates and the economy as a whole.
Congress first imposed a lifetime ban on discharging student loans through bankruptcy in 1998. Two scholars explain how that could change under a proposed law.
Young people might take on a lot of debt without considering its consequences for their older years. A philosopher makes a case for laws to limit that debt as a duty toward self.
Canadians’ publicly funded post-secondary education system has been eroded over time, diminishing the promise it once held to protect people from poverty. We should demand change.
Taxpayers, including those paying tuition fees with FEE-HELP loans, can claim a deduction for self-education expenses that relate to the work they do. But graduates with a HECS-HELP debt can’t claim.