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Rising inflation adds pain to student loan debt - Vimarsana News

Rising inflation adds pain to student loan debt

Student loan borrowers will face a serious squeeze this spring when a federal moratorium on their debt payments expires amid surging inflation.

Biden is making it easier for student-loan borrowers to repay debt based on their income when payments resume next year - Vimarsana News

Biden is making it easier for student-loan borrowers to repay debt based on their income when payments resume next year

President Joe Biden. Photo by Nicholas Kamm/AFP Biden is cutting some paperwork for student-loan borrowers applying for an income-driven plan next

'The strongest case imaginable' to pause student-loan payments even longer comes from staggering inflation report, advocates say - Vimarsana News

'The strongest case imaginable' to pause student-loan payments even longer comes from staggering inflation report, advocates say

U.S. President Joe Biden. Anna Moneymaker/Getty Images Student-loan payments are resuming in 53 days. Advocates say new inflation data showing a

Senate bill would impose taxes on large endowments to fund apprenticeships - Vimarsana News

Senate bill would impose taxes on large endowments to fund apprenticeships

“Our wealthiest colleges and universities have amassed billions of dollars, virtually tax-free, all while indoctrinating our youth with un-American ideas,” Cotton said in a statement, adding that the revenue would “create high paying, working-class jobs.” Cotton estimates the bill would generate $2 billion per year in revenue for registered apprenticeship programs. And while funding for apprenticeships is necessary, said Sandy Baum, a nonresident senior fellow at the Urban Institute’s Center on Education Data and Policy, taxing endowments of private institutions to generate revenue...

Biden is pushing community colleges even as attendance plummets - Vimarsana News

Biden is pushing community colleges even as attendance plummets

May 19, 2021 In most economic downturns in the US , enrollment in community college goes up. But the reverse has happened during the pandemic. Spring enrollment in two-year associate degree and in shorter certificate programs dropped year-over-year 10.9% and 7.4%, respectively, according to data from the National Student Clearinghouse Research Center. Meanwhile, enrollment in bachelor’s degree programs, which are typically four years, dropped 2%. Even as the pandemic abates, community colleges still continue to report declines. Will Biden’s bill efforts reverse the decline? Under t...

Source: qz.com