Anger and indignation in response to student loan forgiveness come down to American attitudes toward class and ‘upward mobility.’
student debt
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: There’s no good reason to resent education loan forgiveness
I say this as somebody with almost a quarter of a million dollars in student debt – which I plan to pay back.
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Posted inOp-Eds, Opinion
Commentary: Biden’s student debt cancellation is a welcome starting point
We can and should do more to relieve those struggling under this burden – and to assist the scholars of the future.
Posted inLocal & State, News, Schools and Education
Thousands of Mainers stand to benefit from student debt relief
The president’s decision to provide $10,000 in federal student debt reduction will benefit about 177,000 borrowers who live in Maine, the Maine Center for Economic Policy estimates.
Posted inBusiness, Nation & World, News
Biden’s student loan forgiveness plan could help more than 40 million people
Borrowers who earn less than $125,000 a year, or families earning less than $250,000, would be eligible for the $10,000 loan forgiveness.
Posted inBusiness, Nation & World, Schools and Education
Student loans have delayed wealth-building for Gen Z and millennial borrowers, survey shows
Yet, a majority of U.S. adults with student loan debt say their degree has unlocked career and salary opportunities that wouldn’t otherwise be possible.
Posted inLocal & State, Schools and Education
Maine colleges must provide transcripts to students who owe
The law goes into effect 3 months after the Maine Legislature adjourns.
Posted inNation & World, Schools and Education
White House to extend pause in student loan payments through August
Student loan payments were scheduled to resume May 1 after being halted since early in the pandemic.
Posted inLocal & State, News, Schools and Education
USM wipes away about $2 million in student debt
The university said it excused all student debt acquired between spring 2020 and summer 2021, during the COVID-19 pandemic.
Posted inEditorials, Opinion
Our View: Maine should take a shot at tackling student debt
Government policy needs to look forward and backward. Two proposals before the Legislature would do just that.