President Biden’s changes to student loan repayment are welcome, but they give schools a bad incentive.
Education in America
Posted inEducation in America
One Way Out of the White House Political Box on Student Debt
If they auto-enroll everyone in their newly generous income-driven repayment plan, it will significantly take the sting out of resuming payments.
Posted inEducation in America
Joe Biden’s Student Debt Forgiveness Is a Good Start
But more reform is needed to attack cost bloat in American higher education.
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Education Department Won’t Hold For-Profit College Executives Personally Accountable
A top official at the department claims he needs executives’ personal signatures on specific documents to make them financially liable for defrauding their students. But he already has them.
Posted inEducation in America
All Corinthian College Loans to Be Canceled
Thanks in large part to activist work from a group of debt strikers,
over half a million borrowers of the defunct for-profit college chain will have their
loans forgiven.
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Means-Testing Student Debt Relief: Big Hassle, No Results
Almost nobody will likely fall above the proposed income threshold. It’s purely a tax on borrowers’ time.
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Republicans Admit Biden Can Cancel Student Debt
A new bill tries to claw back authority given to the executive branch on debt cancellation.
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The Plight of Mills College Should Be an Alarm for American Higher Ed
The school is being devoured from the inside by its own administrators.
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Will Spiking Energy Prices Necessitate Student Loan Debt Cancellation?
The Biden administration has promised a decision by May.
Posted inEducation in America
The Biden Education Department Drags a Bankrupt Cancer Patient Into Court
Despite vowing to change the way student loans are treated in bankruptcy, the administration is still using its discretion to limit payouts.