(The Daily Wire) Steve Forbes slammed the push from Democratic lawmakers to pay off the student loan debts of everyone, or nearly everyone, in the country, calling it a slap in the face to people who sacrificed and worked hard to not be in debt from student loans.
student loans
Anonymous Donors Pay Off Millions in Student Debt for 400 Low-Income College Graduates
(McKinley Corbley) More than 400 California college graduates were left overwhelmed with joy and surprise earlier this week after they were told that anonymous donors had paid off their student debt.
6-Month Suspension on U.S. Federal Student Loan Payments Now in Effect During COVID Outbreaks
(Andy Corbley) The federal government is suspending student loan payments and waiving the interest on those loans for a total of 6 months in order to ease the burden of debtors during the COVID-19 outbreak. This unprecedented action was included in the 2.2 trillion dollar stimulus package President Trump signed recently.
Trump Stops Collection of Student Loan Debt From Those in Default — What You Need to Know
(Zack Friedman) President Donald Trump has stopped collection of federal student loan debt. Here’s what you need to know.
Millennials With Student Debt Are Getting Crushed The Most In These Ten Cities
(Zero Hedge) SmartAsset, a personal finance technology company, has published a new study that identifies certain US metropolitan areas with the highest student loan balances.
Billionaire Who Promised To Pay Off College Students’ Debt Is Tackling Their Parents’ Debt, Too
(Mandy Froelich) Good news! In May of this year, multi-billionaire and philanthropist Robert F. Smith.pledged to pay off the student loan debt of an entire graduating class. Now, he’s intent on paying off the debt of the students’ parents, as well!
4 Reasons Why Hate-Crime Hoaxers Do What They Do
(Jennifer Kabbany) Long before the Jussie Smollett and Covington Catholic outrages were outed as hoaxes, the trend of exposing alleged hate crimes as frauds was in full swing.
Proposed Federal Law Will “Garnish Wages” from Paychecks of Student Loan Holders
(Matt Agorist) As government subsides continue to flow into colleges across the country, the price of tuition continues to skyrocket, with some rates shooting up nearly 400% since 2000. Over the same period, as the price of college went up, median income in the US went down. This created the perfect storm for what we are currently witnessing right now—a black hole of student loan debt.
“Delinquency Is At Crisis Levels” – Student Loan Bubble Is About To Pop
(Zero Hedge) According to a new Bloomberg Report, the student debt crisis is about to take a turn for the worse, as the next generation of millennial graduates could be trapped in insurmountable debts.