How race matters for the student loan crisis
In his new book, sociologist Jason Houle reveals how Black borrowers are disproportionately affected by the student loan crisis and shows how this disparity perpetuates social and economic inequality.
In his new book, sociologist Jason Houle reveals how Black borrowers are disproportionately affected by the student loan crisis and shows how this disparity perpetuates social and economic inequality.
Social Sciences
Dec 20, 2022
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The Treasury Department said Friday the federal budget deficit was 562% higher on a monthly basis compared with September 2021, largely reflecting President Joe Biden's plans to forgive student debt as several years' worth ...
Education
Oct 21, 2022
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More than 40 million Americans could see their student loan debt reduced—and in many cases eliminated—under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive ...
Economics & Business
Aug 25, 2022
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President Joe Biden on Wednesday announced detailed plans to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans—and up to $10,000 more for those with the greatest financial ...
Economics & Business
Aug 24, 2022
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President Joe Biden said Wednesday that many Americans can have up to $10,000 in federal student loan debt forgiven. That amount increases to $20,000 if they went to college on Pell grants. Here's what we know so far and ...
Economics & Business
Aug 24, 2022
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When people take out student loans for themselves, certain risks are involved. The debt can negatively affect a person's mental, emotional and even physical well-being. It can also harm a person's financial well-being.
Economics & Business
Dec 20, 2021
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New Zealanders, like many of their developed country counterparts, have built up significant debts in recent decades. There are differing views, however, on whether this constitutes a problem.
Economics & Business
Dec 13, 2021
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A recently published study led by The University of Texas at Arlington says that student debt may hurt students' chances of securing full-time employment due to added pressure in their job search.
Social Sciences
Aug 26, 2020
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People with a master's degree or doctorate can bank on a much higher starting salary than those with the same major but only a bachelor's degree. That's according to a recent survey of employers by the National Association ...
Economics & Business
Mar 20, 2020
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As of February 2019, student debt in the United States was more than $1.5 trillion. The rapid growth of America's student debt is a cause for concern for numerous observers, who fear the outbreak of a financial crisis.
Economics & Business
Jun 11, 2019
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