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Just to make sure the borrowers of student loans know whom to thank for escaping responsibility for fully paying back their student loans, President Biden will send over 150,000 borrowers a personal email reminding them that he’s their guy.
Just to make sure the borrowers of student loans know whom to thank for escaping responsibility for fully paying back their student loans, President Biden will send over 150,000 borrowers a personal email reminding them that he’s their guy.
 
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
 
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
 
The American Federation of Teachers union says its lobbying is to thank for the Biden administration's dramatic expansion of a program that forgives an unlimited amount of student loans for public employees, and that one teacher used it to get out of $450,000 in obligations.
The American Federation of Teachers union says its lobbying is to thank for the Biden administration's dramatic expansion of a program that forgives an unlimited amount of student loans for public employees, and that one teacher used it to get out of $450,000 in obligations.
 
THE PRESIDENT: Hey, folks. Well, good afternoon. When America made 12 years of public education universal in the last century, we became — not figuratively, literally — the best-educated public in the world and better prepared than any other nation.
THE PRESIDENT: Hey, folks. Well, good afternoon. When America made 12 years of public education universal in the last century, we became — not figuratively, literally — the best-educated public in the world and better prepared than any other nation.
 
MR. HASAN: Hi, everyone, this is Abdullah from the White House. Thanks for joining today’s background briefing on the student loans announcement.
MR. HASAN: Hi, everyone, this is Abdullah from the White House. Thanks for joining today’s background briefing on the student loans announcement.
 
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
 
A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers
A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers
 
The U.S. Department of Education proposed new regulations on Wednesday to cancel student loans for individuals whose schools closed or who are permanently disabled.
The U.S. Department of Education proposed new regulations on Wednesday to cancel student loans for individuals whose schools closed or who are permanently disabled.
 
12.9% of the American population have student loan debt.
 
hough the 2020 election has focused on COVID-19 and the economy, higher ed has still gotten some attention.
 
With the hyperbole inherent in a politicized topic like student loans, it’s important to step back and look at the data.
With the hyperbole inherent in a politicized topic like student loans, it’s important to step back and look at the data.
 
Back in the summer, it seemed that the Republican/conservative vision for higher education reform was building momentum
Back in the summer, it seemed that the Republican/conservative vision for higher education reform was building momentum
 
It was a bad idea for the federal government ever to get into the business of financing college with its various grants and loans, but at least in the old days, most of the money loaned was eventually repaid
It was a bad idea for the federal government ever to get into the business of financing college with its various grants and loans, but at least in the old days, most of the money loaned was eventually repaid
 
When politicians and Education Department bureaucrats began designing policies to lessen college students' federal loan burdens, they weren't concerned much with the cost to the taxpayers
When politicians and Education Department bureaucrats began designing policies to lessen college students' federal loan burdens, they weren't concerned much with the cost to the taxpayers
 
Politicians are usually eager to be generous with the money taken from taxpayers, especially when it helps them gain favor with some interest group
Politicians are usually eager to be generous with the money taken from taxpayers, especially when it helps them gain favor with some interest group
 
Federal student aid programs abound in examples that demonstrate a point economists often make: government policies almost always have undesirable consequences that weren't anticipated, or if they were didn't matter much to the politicians.
Federal student aid programs abound in examples that demonstrate a point economists often make: government policies almost always have undesirable consequences that weren't anticipated, or if they were didn't matter much to the politicians.
 
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