The new indexation arrangement will be backdated to all HELP, VET Student Loan, Australian Apprenticeship Support and other student support loan accounts operating on June 1 last year.
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 et 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.