It’s the time of the year when many similar stories surface announcing that this year’s class of graduating students will hold the most debt on record. Almost identical articles were written last year, and they will likely be written again next year. Yes, the class of 2015 holds the unfortunate… Read More»
One in five American households holds education debt,i posing an increasingly large threat to our economic recovery. As politicians at the federal, state and local levels consider possible solutions to this growing crisis, one government agency finds itself at the center of the student loan debate. The U.S. Department of… Read More»
On September 19, 2013 Senator Elizabeth Warren asked the Department of Education questions that many college graduates who took out loans have been asking for years about Sallie Mae. She wrote in a letter to the department: “While the government has been quite tolerant of Sallie Mae’s failings and helped… Read More»
After nearly 200 students protested outside the headquarters of the U.S. Department of Education (DOE), Secretary of Education Arne Duncan agreed to meet with students to talk about the student debt crisis. The students, representing the Student Labor Action Project and the United States Student Association, peacefully delivered letters requesting… Read More»