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The student loan bubble 'is going to burst'

The student loan bubble 'is going to burst'
© Getty Images
Demands to cancel debt were a rallying cry for Occupy Wall Street activists, but the idea has now become mainstream
Cancelling student debt was once a fringe idea in the US, but as loans mount, it's become increasingly mainstream.
For her birthday this year, Alicia Davis received one of the best gifts ever: word that roughly $20,000 (£14,500) of her student debt would be erased.
It's a massive relief, resolving an issue that has drawn threats from debt collectors, raised questions in job interviews and ruined her credit, making it difficult to do things like buy a car.

Florida , United-states , Department-of-education , District-of-columbia , United-kingdom , Washington , Americans , America , Chuck-schumer , Alicia-davis , Mike-pierce , Betsy-devos

Democrats flip the Senate in a devastating blow to Trump and Republicans

Democrats flip the Senate in a devastating blow to Trump and Republicans
ssheth@businessinsider.com (Sonam Sheth,Eliza Relman,Grace Panetta)
© Reuters
Sens. Chuck Schumer and Kamala Harris. Reuters
The Democratic Party has regained control of the US Senate, according to projected results from two critical runoff elections in Georgia.
Since the Democrats Jon Ossoff and Raphael Warnock won their respective runoff elections in Georgia, the party will have 50 Senate seats and effective control of the upper chamber because incoming Vice President Kamala Harris will hold the tiebreaking vote.
The Democratic Party has won control of the US Senate, according to the projected results of two crucial runoff elections in Georgia.

Arizona , United-states , Georgia , Montana , Maine , Alabama , North-carolina , South-carolina , White-house , District-of-columbia , Iowa , Colorado