“Colleges give their students new experiences away from home, friends who love unconditionally, memories to last a lifetime, and, in many cases, crippling debt. However, President Biden announced a three-part plan to erase student loan debt for borrowers who need it the most. When the application for debt forgiveness opened, 26 million borrowers applied and began anxiously waiting to see if their debt would be forgiven. However, the wait will have to continue.“
Read More“While the Income-Driven Student Loan Forgiveness Act will help many Americans today, it simultaneously admits the inherent need for change in our Department of Education. If Americans want to see a future with growing numbers of college graduates, we have to act now. Congress must be urged to make longstanding policy on the student debt crisis rather than create more short-term fixes.“
Read More“As midterms loom closer, President Biden is facing considerable pressure to relieve student debt, so Democrats can gain more political favor at the polls. Though the White House remains elusive on what the President will do to follow up on his campaign rhetoric, it is clear that the Biden Administration is coming up short on their promise to alleviate the Student Debt Crisis.”
Read More“Previously, President Biden has stated the cost of college “must be lowered immediately,” and that free four-year college education is a must for anyone from households making under $125,000. Now, he states that he will write off $10,000 of student debt for borrowers, but no more. What changed, and how is the rest of the Democratic Party reacting to this?”
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