The Most Illegal Student Loan Forgiveness Plan Yet
…take much once the regulations are finalized. This is just more evidence that we need to fundamentally rethink our approach to student loans. The short-term goal is for the courts…
Search Results for: student loans
Press Release: Minding the Campus Launches New Research Internship Program
…Writing: Interns will produce five well-researched and well-written essays—600-800 words each—on topics related to higher education. Potential topics include Title IX, student loans, school closures, the decline of Western civilization,…
The State of Student Loan Forgiveness: September 2024
…programs. The administration also claims existing law gives it the authority to create new ways to forgive student loans. So the student loans the Biden administration already has or wants…
Good News on Student Loan Forgiveness, Biden’s SAVE Plan Is Paused by Courts
While the Biden administration has at least nine plans to forgive student loans, some are much bigger than others. And the two biggest have now run into legal buzzsaws. The…
The Imminent Student Loan Disaster We’re Not Talking About
…of loan cancelation has drawn attention away from a more pressing issue in the student loan system. After the pandemic-induced student loan payment pause ended last year, the Education Department…
Mandatory Student Fees Fund College Sports: Can You Find the “$”?
…of subsidizing sports is spread over tens of thousands of students, thereby costing each student less. At the University of Virginia, with 16,000 students, the mandatory intercollegiate athletic fee is…
The State of Student Loan Forgiveness: August 2024
…has succeeded in forgiving $ $169 billion of student loans for 4.76 million borrowers by transferring the financial burden from the students that took out the loans to taxpayers who…
The State of Student Loan Forgiveness: July 2024
…forgiving $167 billion of student loans for 4.75 million borrowers by transferring the financial burden from the students who took out the loans to taxpayers who did not. And they…
Higher Education Subsidization: Part 4 – State Subsidies
…extent of the Bennett Hypothesis for state-provided student financial aid, as discussed earlier, the evidence from federal student loans and federal tax benefits indicates that a substantial portion of student…
Higher Education Subsidization: Part 3 – Federal Subsidies
…loans correct a capital market failure … Federal student loans therefore solve a liquidity problem, not a pricing problem. Student loans are appropriate neither for raising revenue nor for subsidizing…
An Action They Never Committed
…The question echoes today when the Biden administration “forgives” student loans, effectively passing along the cost of those loans to the many Americans who did not borrow the money or…
College Is Not a Waste of Money, Time, or Talent
…Save money for your children’s future education. It’s never too early to start. Open a 529 college savings account. Try to avoid student loans if possible, but if you are…
The State of Student Loan Forgiveness: June 2024
…gives it the authority to create new ways to forgive student loans. So the student loans the Biden administration already has or wants to forgive are a combination of existing…
Against the Latest Student-Loan ‘Forgiveness’ Scheme
…equally objectionable. One proposal is to waive all interest accrued for student debtors up to $20,000. Since many student debtors with accrued interest are able to continue paying down their…
Top of Mind: On Personal Finance
…coming to realize how financially illiterate they are “only after facing financial challenges,” which extends beyond student loans—auto loan debt is $1.607 trillion, and consumer debt is $17.3 trillion. The…
The State of Student Loan Forgiveness: May 2024
…also claiming that existing law gives it the authority to create new ways to forgive student loans. So the student loans the Biden administration already has or wants to forgive…
Better Campus Incentives: Reward the Good, Punish the Bad
…policies, but I can see why we might “tax” universities in some fashion when, for example, students largely fail to graduate or repay their student loans. And if we rely…
Biden’s Newest Folly on Student Loan Forgiveness
…government should seek neither to make nor to lose money from student loans. Student loans correct a capital market failure … Federal student loans therefore solve a liquidity problem, not…
The Worst Federal Higher Ed Policy Initiative Ever
…providing student loan relief to millions of Americans before the upcoming presidential election in November. Repeating what many have said before, federal student loans have significantly raised the cost of…
The Higher Education Bubble is Ready to Burst
…and societal function. Worse, the doubling of the American higher education system brought in students who should never have been enrolled, much less graduated. Recently, a meta-analysis of undergraduate students…
College Cost Reduction Act Improves Financial Aid
…maximum amounts, influencing a student’s final aid package. For instance, a student might be eligible for a Pell Grant of $7,000, $3,000 in work-study, and $5,000 in loans. This formula…
The Tyranny of Research
…doctoral student demonstrating dramatic declines in the enrollment of underrepresented minority (URM) students in the UC system as a result of Prop. 209. Not peer reviewed at the time of…
Thoughts on House Republicans’ Plan for Higher Education
…distinguishing between grants and loans or not telling students the total cost of attending. The bill would put an end to this. The main danger here is a badly formed…
FAFSA SNAFU, but Not FUBAR
Millions of potential and current college students fill out the Free Application for Federal Student Aid (FAFSA) every year. In 2020, Congress passed a law updating the FAFSA and the…
The Department of Education Needs to Die
…Plague Return of Student-Loan Bills.” The ED can’t even send bills out properly, a problem arising largely because the Biden Administration simply does not believe students should have to repay…
Biden’s Department of Education Appears to be Weaponizing Fines
…is giving students a full year before nonpayment will adversely affect a student who misses payments. Yet for MOHELA, giving students seven rather than 21 days is unforgivable and worthy…
Biden Administration Planned to Facilitate Fraud as Part of Loan Forgiveness Plan
It is no secret that the Biden administration wants to forgive student loans. One—of at least eight—of its forgiveness proposals has been definitively buried, which would have forgiven up to…
Lessons from the Student Loan Payment Pause
…believed. It went something like this: As college costs increased over the past few decades, more students resorted to student loans to cover the costs. The result was rising student…
DeSantis Won the Accreditation Fight. What’s Next?
…triad that ensures colleges provide their students a decent education (the other two legs being the U.S. Department of Education [ED] and state authorization for colleges). For a college’s students…
GILLEN: Is the Biden Administration Winning or Losing on Student Loan Forgiveness?
…it much easier, resulting in almost $10 billion in loans forgiven. 5. Student loan repayment pause As the country shut down in March 2020 due to COVID-19, student loan payments…