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Stories Tagged as

Student loan debt

Has the free medical school experiment failed?

by Kai Ryssdal , Sarah Leeson and Sofia Terenzio
Dec 17, 2024
NYU's experience rebuts the idea that tuition-free programs open doors to low-income students, per reporting by Rose Horowitch at The Atlantic.
At NYU, the percentages of Black students and financially disadvantaged students decreased, according to The Atlantic's Rose Horowitch.
Joe Raedle/Getty Images
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Biden administration tries again to relieve student debt

by Savannah Peters
Aug 1, 2024
It's trying a different route to loan forgiveness, but it is unclear how successful the plan will be.
President Joe Biden's administration is eyeing statutory rules changes to waive accrued interest in its latest attempt at debt relief. Above, Biden in April.
Andrew Caballero-Reynolds/AFP via Getty Images
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"Canceling student debt is the quickest way to narrow the racial wealth gap"

by Amy Scott and Richard Cunningham
Apr 20, 2022
Proposals to reform the federal student loan system shed light on the relationship between student debt and economic inequality. UCLA's Hannah Appel joins us to discuss.
Borrowers owe more than $1.7 trillion in student loans, and those debts can delay major financial decisions.
Leigh Vogel/Getty Images for MoveOn & Debt Collective
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White House to extend student loan payment pause through August

by Associated Press
Apr 5, 2022
Borrowers will not be asked to make payments until after Aug. 31, and interest rates are expected to remain at 0% during that period.
Robyn Beck/AFP via Getty Images
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Payments and interest on federal student loans set to resume after nearly 2 years

by Samantha Fields
Dec 20, 2021
More than 40 million borrowers with federal student loans have had a respite through the pandemic. That ends Jan. 31.
Activists hold festive signs calling on President Joe Biden to cancel student debt.
Paul Morigi/Getty Images for We, The 45 Million
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Nearly 9 million older Americans still have student loan debt

by Samantha Fields
Jun 21, 2021
More people are going to college and graduate school. There's also been an increase in parents taking on loan debt for their kids.
And the total amount of debt they owe is growing faster than for any other age group.
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Why is there so much resistance to forgiving $50,000 in student debt?

by Janet Nguyen
Feb 26, 2021
It’s not just the Ivy League and Wall Street elite who owe enormous amounts.
More than 45 million Americans carry about $1.7 trillion in student debt, and policymakers are debating the appropriate level of forgiveness to help them out.
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Inside one family's journey to find an affordable college

by David Brancaccio , Meredith Garretson , Rose Conlon , Erika Soderstrom and Alex Schroeder
Jan 27, 2021
The long road to a merit scholarship included 30 applications and 90 admissions essays.
For Lara Mordenti Perrault's daughter, the long road to a merit scholarship included 30 applications and 90 admissions essays.
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How to pay less for college: Merit aid

by David Brancaccio , Meredith Garretson , Rose Conlon , Erika Soderstrom and Alex Schroeder
Jan 26, 2021
If you don’t qualify for need-based financial aid, merit scholarships might be the answer.
Parents may want to impress outsiders by getting their child into a prestigious college. “But what other people don't understand,” says New York Times columnist Ron Lieber, “is whatever financial constraints you may be operating under."
Kevork Djansezian/Getty Images
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Momentum builds for Biden to cancel student loan debt

by Sabri Ben-Achour , Chris Farrell and Meredith Garretson
Dec 14, 2020
Marketplace senior economics contributor Chris Farrell thinks it's become a matter of when and how much debt will be canceled.
The administration proposed a student-loan repayment system based on earnings and family size in conjunction with its plan to cancel some student debt.
Robyn Beck/AFP via Getty Images
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