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Banerjee, Asha – Center for Law and Social Policy, Inc. (CLASP), 2021
Student debt cancellation must be a federal priority for the new administration. As the devastating health and economic toll of the COVID-19 pandemic deepens, millions of student borrowers are held back by high levels of debt on top of job losses and the struggle to cover their basic needs. The pause on payments is only a temporary fix. Since…
Descriptors: Debt (Financial), Loan Repayment, Student Loan Programs, Gender Bias
Baum, Sandy – Midwestern Higher Education Compact, 2020
The widespread notion of a general student debt "crisis" creates an exaggerated image of the problems associated with borrowing for college and diverts attention from the serious difficulties some students and former students face. A disproportionate amount of attention goes to the $1.5 trillion dollars in outstanding student debt.…
Descriptors: Debt (Financial), Student Loan Programs, Geographic Regions, Institutional Characteristics
Jackson, Victoria – Policy Matters Ohio, 2017
For many in the United States, debt is the price of upward mobility. An increasing number of jobs require some college, and wages are higher for people with college degrees. As states cut funding for higher education, colleges have passed the costs on to students. Nationally, 44.2 million people -- one sixth of the population -- hold a total of…
Descriptors: Debt (Financial), Student Financial Aid, Loan Repayment, Loan Default