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Tag: Student Loan Crisis
Students
Betsy DeVos Proposes to Shorten Debt Relief for Defrauded Students
The U.S. Secretary of Education, Betsy DeVos, motioned Wednesday to limit Obama administration loan forgiveness rules for students deceived by for-profit institutions, requiring that student borrowers show they are in difficult financial situations or prove that their colleges negligently deceived them. The proposal, which is set to take effect next year, would “establish a federal […]
July 26, 2018
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Study: Looming Student Loan Default Crisis Will Be Worse Than Projected
The looming student loan default crisis will be worse than previously thought, according to a recently published Brookings Institution report.
January 15, 2018
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Experts Debate Keys to Student Loan Crisis
A recent report by the Brookings Institute revealed that low earnings, not high levels of individual debt, are to blame for the high default rates of student loans.
January 7, 2016
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