9 Search results for "repayment"

President Obama made headlines Tuesday when he announced that he would use his executive power to expand the Pay As You Earn program, one that limits borrowers’ monthly debt payments to just 10 percent of their discretionary income. Under the program, the balance of student loan is forgiven after 20 years — 10 years if […]

According to a new study titled, “Racial Disparities in Student Debt and the Reproduction of the Fragile Black Middle Class,” student debt is widening the wealth gap between white and Black Americans.

According to a report from Jacobin, Wall Street is attempting to squeeze every last dime out of Puerto Rico that it can while using what Jacobin reporter Lara Merling calls “indefensible” cuts to public servants of Puerto Rico. The conservative leaning Wall Street Journal tastelessly referred to Puerto Rico’s debt as the top performing bond investment […]

Student loan debt is one of the most critical issues affecting today’s work force. Graduates often come out of school with the weight of tens of thousands of dollars in debt holding them back from moving forward with their lives. If that wasn’t bad enough, a new lawsuit alleges that millions of those borrowers may have […]

On Monday, a coalition of organizations involved in the Movement for Black Lives released a list of specific policy demands to the public, entitled “A Vision for Black Lives.”   Fifty organizations from all over the world came together over the past year to formulate and write the demands, including the Black Youth Project 100, […]

With college graduates coming out of school with large amounts of student debt looming over them, many have elected to go with an income-based repayment plan to avoid default. Some will find that, even after their loans are potentially forgiven after a couple decades they may still owe a large sum due to a tax bill.

The Dallas County Commissioners Court accidentally declared Tuesday that African-Americans deserve reparations for slavery. Most commissioners did not seem to know that they were doing so. 

In 2011, Kelley Williams-Bolar was jailed for sending her two daughters to a school in a predominantly white school district where her father lived. The family had lived in an Ohio housing project, with their neighborhood lacking quality schools. Now, Williams-Bolar is expected to reveal a more in-depth look behind-the scenes with the release of […]

One In Five Default On Their Student Loans Julianne Hing, Colorlines, July 13, 2010 The Chronicle of Higher Ed took a look at student loan default rates, and they’re much worse than people had previously thought. A whopping 20 percent of the government student loans that began repayment in 1995 have been defaulted on. Most […]