A comprehensive guide to the Biden administration’s various student loan cancellation initiatives
Higher Education
Student debt now exceeds $1.5 trillion. We must overhaul a system that, for too long, has incentivized colleges and universities to charge unaffordable prices for degrees that do not always improve the lives of their recipients. Measures of return on investment (ROI) can help ensure that that institutions are accountable for the economic outcomes of the students they plunge into indebtedness.
All Higher Education
The Biden administration’s latest loan cancellation plan involves a black box open to abuse
The Education Department’s adventure into partisan policymaking may come at the cost of timely financial aid decisions for millions of college students
Community college enrollment has dropped 13 percent since the Covid-19 pandemic. But schools with a vocational focus have rebounded
Nearly one million borrowers have been in default on their loans for more than 20 years, and most are unlikely to repay
The Department of Education floats a “narrow” loan-cancellation plan for which 71 percent of former college students could qualify
New data reveals that underlying costs at U.S. colleges are higher than almost every other country
West Virginia University eliminated 28 academic programs with waning student interest that cost the school millions