Ilhan Omar Goes on Student Debt Rant After Biden Says He Won’t Cancel Loans

After a Tuesday evening town hall, president Joe Biden said he will not cancel up to $50,000 of student loans, prompting backlash from the progressive wing of his own party. 

“I will not make that happen,” Biden said when asked what he will do to cancel up to $50,000 in student loans. 

Read More

Biden to Extend Student Loan Payment Freeze Until September 2021

President-elect Joe Biden will order the Department of Education to extend the student loan payment moratorium through September in one of his first presidential moves.

Joe Biden is set to sign the executive order on Wednesday following his inauguration, extending the current pause on student loan payments, which has been in effect since March, according to CBS News. The order is a fulfillment of Biden’s campaign promise to prioritize the U.S. student loan debt crisis.

Read More

Rashida Tlaib Speaks at Democratic Socialists Event, Says Student Debt Tied to ‘Racial Discrimination’

Rep. Rashida Tlaib (D-MI-13) spoke this week at an event hosted by the Young Democratic Socialists of America at Wayne State University.

Read More

Josh Hawley to Introduce Bill That Would Hold Universities Financially Liable for Defaulted Student Loans

by Andrew Kerr   Republican Sen. Josh Hawley of Missouri announced Tuesday he will introduce two pieces of legislation this week targeting institutions of higher education, one of which would put universities on the hook financially if its students are unable to repay their student loans. Americans hold nearly $1.5…

Read More

Rep. Green Promotes Income Share Agreements Plan to Solve Student Debt Crisis

Mark Green

  U.S. Rep. Dr. Mark Green (R-TN-07) wrote an op-ed recently explaining how one of his bills would solve the student debt crisis. Green published the op-ed last Friday in The Daily Signal discussing his Kids to College Act, which is cosponsored by U.S. Rep. Vicente Gonzalez (D-TX-15). The op-ed…

Read More

Commentary: Sen. Alexander’s Solution to the Student-Loan Crisis Misses the Point

by Chloe Anagnos   The debate surrounding the student-debt crisis in America continues to prompt both lawmakers and political commentators to discuss the matter as they search for a way to address the issue. But as expected, whenever policy solutions are debated, the fact that the crisis was manufactured by government…

Read More

Federal Report Says Millennials Are Poorer Than Other Generations

by Ryan McMaken   One of the challenges in looking at income and wealth data is getting a sense of how different demographic groups are affected. It’s relatively easy to find median income and wealth data over time for the entire population, for example. But then problems of interpretation immediately…

Read More

If Elected to Congress State Sen. Mark Green Would Propose Student Loan Payback Program With Employer Contribution Just Like 401Ks

Steve Gill, Mark Green

Steve Gill and 7th District Republican Congressional nominee State Senator Dr. Mark Green (R-Clarksville) sat down for an extensive interview about Green’s candidacy for Congress , and his position on a broad range of issues important to Tennesseans. The cost of higher education and skyrocketing student debt was among them…

Read More