Biden To Review Executive Authority To Cancel Student Debt

By Lauren Egan, NBC News. -

Washington, DC - President Joe Biden has asked Education Secretary Miguel Cardona to prepare a memo about his legal authority to cancel student debt, chief of staff Ron Klain said Thursday, as [...]

This Is Why It Is Imperative That President Biden, Not Congress, Cancels Student Debt

By Margaret Flowers, Clearing the FOG. -

The current student debt burden is over $2 trillion and it is crushing the economy. Defaults on student loans are high and for most borrowers, especially those who are people of color, their loan [...]

Biden’s First Month Marked By Broken Promises

By Alan Macleod, Mintpress News. -

One month into his presidential career and Joe Biden has already left a trail of broken promises on progressive legislation. Yesterday, it was reported that the president held a closed-door [...]

Report: Young People In The United States Are Overrun With Student Debt

By The Jain Family Institute. -

Young Americans are overrun with student debt. This crisis is the culmination of waning government funding for higher education, wage stagnation, wealth inequality, and a misleading emphasis on [...]

Debt In The Time Of Pandemic

By Edna Bonhomme, Al Jazeera. -

On New Year’s Day, I received an email from Navient, a student loan servicing company, requesting that I pay $4,442 by January 28. Initially, all I could feel was shame for being in so much [...]

People In Debt Have Formed A Union To Fight Back

By Eve Ottenberg, Truthout. -

In November, Pennsylvania permitted the resumption of utility shutoffs during the pandemic. In advance, the local Debt Collective, which helps people dispute their debts and fight back against [...]

Columbia University Students Are Preparing To Launch A Tuition Strike

By Indigo Olivier, In These Times. -

At the end of Novem­ber, mem­bers of the Colum­bia Uni­ver­si­ty-Barnard Col­lege chap­ter of Young Demo­c­ra­t­ic Social­ists of Amer­i­ca (YDSA) launched a tuition strike cam­paign [...]

Over 235 Organizations Call On Biden To Cancel Student Debt

By Americans for Financial Reform. -

Washington, D.C. — Over 235 organizations sent a letter to President-Elect Biden and Vice President-Elect Harris, calling on them to use executive authority to cancel federal student debt on day [...]

Trump’s Executive Orders Are Public Relations Stunts

By Jack Rasmus, Predicting the Global Economic Crisis. -

Trump, Meadows, Mnuchin and McConnell cleverly set up and sucked in Pelosi and Shumer into negotiations last week, never planning to conclude a deal by Friday, in the process getting them to [...]

Government Spends Equivalent Of Entire US Student Debt To Rally Stock Market For 15 Minutes

By Alan Macleod, Mintpressnews.com -

The money spent was equal to the total amount of US student debt, more than twice as much as the Wall Street bailout of 2008 and nearly 30 times the net worth of former New York mayor Michael [...]

Study Shows 39% Of Millennials Would Prefer To Spend A Week In Jail If Their Student Debt Was Wiped Clean

By Staff, Gritdaily.com -

“We want to give you a better life than the one we had.” This is a phrase many millennials have heard at some point during their life from their parents, especially with respect to today’s [...]

Student Loan Debt: Unsafe In Any Amount

By Lynn Petrovich, Popular Resistance. -

If Americans were aware of the extent that student loan debt has been carved out to serve the pockets of the educational and financial industries as well as the government, they’d think twice [...]

Cancel All The Student Debt: It’s About Economic And Racial Justice

By Naomi Zewde and Darrick Hamilton, Rewire.news -

Only full cancellation completely protects the vulnerabilities of Black students and students in general, while at the same time establishing higher education as a universal right and offering [...]

Reparations And The Student Debt Wars

By John O'Kane, Counterpunch.org -

The public college and university system in California was tuition-free during the sixties and into the seventies when the baby boomers were attending college in record numbers. Favorable budgets [...]

Help Today’s College Students As We Did For Previous Generations

By Chuck Collins, Inequality.org -

When I speak on college campuses, I ask students to write the amount of debt they anticipate graduating with on a slip of paper. In a recent class of 25 undergraduates at Boston College, just [...]