Clearer Student-Loan “Guidance” Isn’t Enough
The U.S. Department of Education recently announced a reorganization of its Federal Student Aid (FSA) ombudsman’s office into a broader “Office of Consumer Education and Ombudsman.” The aim is twofold:…
Posts tagged with
“student loan”
Approaching Academic Armageddon
Over a mere two days recently (May 14-15), the major daily news outlets serving higher education, Inside Higher Ed and the Chronicle of Higher Education, reported the following: Data collected…
Yes, the College Bubble Will Deflate
For the entire existence of the James G. Martin Center, we have been arguing that, due to governmental policies, higher education has been badly oversold. That is, many students have…
The Imminent Student-Loan Disaster We’re Not Talking About
Legal battles over President Biden’s various schemes to forgive student debt continue. In July, the Eighth Circuit Court of Appeals indefinitely blocked the administration’s ultra-generous new student-loan repayment plan, which…
Against the Latest Student-Loan “Forgiveness” Scheme
The Martin Center opposes the Biden administration’s new loan-forgiveness rules for two basic reasons: They are outside of the Department of Education’s authority, and they will have adverse consequences. Legal…
North Carolina’s Community-College Outcomes Are Improving
Significant student-loan debt has hindered young people. That much is clear. Politicians, commentators, and vocal citizens often throw their two cents in on whether it is the individual’s or society’s…
Treat Student-Loan Borrowing Like Medicare
I recently turned 65 and became eligible for Medicare. Like other medical insurance, Medicare requires providers who accept reimbursement to agree to a set rate for the services they provide.…
I Judged Student-Loan Borrowers … Until I Became One
Student loans have been at the forefront of higher-education policy discussions for quite some time. The recent actions taken by the Biden Administration on student-loan forgiveness have made the issue…
Did You Know? Biden’s Student-Loan Cancellation is a Fiasco
Yesterday morning, President Joe Biden revealed his administration’s plan to forgive billions of dollars in student loans. According to a White House Fact Sheet, the plan will forgive up to…
Did You Know? Student Loan “Pauses” Help Those Who Can Afford to Pay
At the outset of the COVID-19 pandemic, policymakers implemented sweeping relief programs to offset the economic shock of lockdowns, layoffs, and shifts in consumer behavior. Among these actions was a…