student-loan-debt
Black student loan borrowers at risk as U.S. Supreme Court weighs forgiveness plan
Black borrowers hold a disproportionate share of student loan debt, and many likely were recipients of Pell Grants.
Pa. Repubs ask SCOTUS to toss Biden’s student loan program | Wednesday Morning Coffee
All but two of the state’s GOP lawmakers on Capitol Hill signed on to a friend of the court brief.
New federal student loan repayment plan aimed at low-income borrowers
However, it's unclear how government will be able to finance the program.
Student loan repayment pause extended by White House amid legal battles over relief plan
WASHINGTON — The Department of Education announced on Tuesday it is extending the pandemic-era pause on federal student loan repayments until June 30 while legal challenges to the administration’s student debt relief program are fought over in the courts. The agency said if the student debt relief program has not been put in place by […]
Millions of Pennsylvanians eligible for federal student loan relief, Wolf admin says
In Pennsylvania, where student loan debt ranks among the highest in the nation, 1,717,300 borrowers are eligible for debt relief, including 988,800 who are eligible for $20,000 in debt relief, and 731,000 who will have their federal loans completely forgiven, according to the U.S. Department of Education.
In debt and underfunded, Pa.’s student debt crisis is no surprise | Thursday Morning Coffee
The total outstanding student debt in Pa. shot up from from $19B in 2003 to $76B today, according to new research.
Rich white business owners, not Blacks who graduate college, are deadbeats | Michael Coard
Republicans, who received Paycheck Protection loan forgiveness screamed 'handout' Who are the deadbeats?
GOP hopeful Scheller slams Biden’s student debt plan. Her company had PPP loans wiped clean
Incumbent U.S. Rep. Susan Wild, D-7th District, supports the initiative, and has introduced her own student debt restructuring legislation.
Biden forgives student debt, brings joy, provokes outrage | Fletcher McClellan
The average public university student borrows $32,880 to obtain a bachelor’s degree. Students at private, non-profit institutions borrow $35,983, and private, for-profit students borrow $42,551.
Biden to wipe out $10K in student loan debt for many borrowers
In a statement, U.S. Sen. Pat Toomey, R-Pa., a Harvard educated former Wall Street banker, called the loan scheme a "grossly unfair taxpayer-subsidized handout to the wealthy."
Democrats in Congress, including Pa., press Biden to extend pause on student loans
The Federal Reserve estimates that the total U.S. student loan debt is more than $1.75 trillion.
These are the demographics of student loan debt in Pa. and beyond | The Numbers Racket
This week we’re continuing our look at student loan debt, using demographic data from the Education Data Initiative, a research organization studying the American education system.