Start to cancel some of the loans instead. Student loan debt is now the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1.777 trillion; annual growth resumed in 2024 following a year-over-year (YoY) decline in 2023. Additional Information Federal Student Loan Portfolio | Federal Student Aid Table of Contents Student Loan Debt […]
No words. Just numbers . . . Student Loan Justice Org. I lied . . . some words. The first, oldest and largest citizen’s group in the nation fighting for student loan justice (Alan Collinge). We are fighting for the cancellation of all federally owned student loans by executive action, and the return of bankruptcy […]
An Unparalleled Record of Support for Federal Student Loan Borrowers Biden-Harris Administration Approves Additional $4.28 Billion in Student Debt Relief for Nearly 55,000 Public Service Workers, U.S. Department of Education Federal Student Loan Portfolio-by-Age.xls Since day one, the Biden-Harris Administration has been committed to helping borrowers who have struggled with the burden of student loan […]
Can President Biden cancel student loans? Why not? Newly elected President Trump has every intention to pardon the October 6th insurrectionists. Most of the loans depicted in the graphs have been recast into new loans having the interest rolled into them. It created a misconception of these being new loans instead of older loans. This […]
While no plans have been announced by Donald Trump or Linda McMahon, a few existing programs are likely to undergo changes. What Will Federal Student Loan Repayment Look Like Under the Second Trump Administration? – By Steven Chung on November 27, 2024 at 12:16 PM Above the Law With President-Elect Trump returning to the White House in […]
I have written about and posted on Student Loan debt forever and usually about Alan Collinge. This is never ending debt where the interest can be greater than the costs over the years of payback. That is, if it is ever paid back. In this particular commentary, it discusses a Masters in filmography or movie […]
It does not look like students holding loan debt and looking for relief will get any relief soon. Newly minted President Donald Trump is in the revenge mode. That would include help from Republicans. Like any new administration looking for revenge, this one will attack the weakest element. It does not mean that Student Loan […]
The Presidential Transition Project called “Project 2025” outlines a road map for how a new far-right presidential administration could take over the country. You can be sure Trump did not write this as it is readable. Former President Trump and his allies’ plan would have devastating impacts on our lives and our democracy, from banning […]
I have written about student loans or have added articles about student loans to Angry Bear here, here, here, here, etc, etc, etc. I go back years on the topic as well as Alan Collinge of Student Loan Justice does. Politicians resist loan forgiveness claiming students are taking advantage of the system. It is a […]
Most students who attend medical school in the US do so with student loans. Yes, some have military scholarships and some have wealthy parents, but most don’t. I’m guessing that most students reckon they’ll easily pay off the loans with the income that an MD or DO degree commands, and so far, they’ll be right. […]