Ending crippling debt seizure is one solution to our student loan nightmare ...Middle East

In a classic case of unintended consequences, student loans — created to increase the economic potential of low-income students — can instead trap those students, and their children, in unending debt. Congress and the Department of Education must take steps to prevent student loans from pushing families into poverty, especially as the last COVID-era protections for student borrowers come to an end. Leading up to the temporary pause on student loan payments and collections implemented in the wake of the COVID pandemic, more than a million people were defaulting on their federal student loans each year. Borrowers default when they can’t afford payments or successfully navigate the overly

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Last updated : 16 April 2024 clock 06:04 PM

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Ending crippling debt seizure is one solution to our student loan nightmare ...Middle East

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