Writing Off Student Loans Is Only a Matter of Time

In her speech on the Democratic National Convention, Hillary Clinton exclaimed, “Bernie Sanders and I will work together to make college tuition-free for the middle class and debt-free for all!” How she intends to do this stays one thing of a thriller, past greater taxes on “Wall Street, corporations, and the super-rich.” But it’s laborious to think about the student-loan […]

Forgive Student Loans, however Only a Little

Student-loan cancellation could also be an interesting concept, however it will enrich the privileged and depart behind—or even perhaps drain cash from—the really needy. Progressive requires President-elect Joe Biden to forgive student debt in his first 100 days of workplace ought to be ignored in lieu of a extra reasonable proposal: forgiveness capped at $5,000 of debt. Workers with a […]

Canceling student-loan debt makes working class subsidize elites

One good rule of thumb is to evaluate events and politicians by their priorities. Look at which issues they really work to attain or spend political capital on. This will inform you not solely what they’re actually for, however which constituents they actually care about. By that metric, it is going to be very revealing if one in every of […]

All Stories by Alia Wong

Alia Wong is a former workers author at The Atlantic, the place she covers training and households. Shutterstock / The Atlantic The Most Memorable Family and Education Interviews of the Year Our reporters mirror on the phrases and concepts that resonated with them in 2019. Nam Y. Huh / AP Images When Schools Try to Tweak Winter Break, Families Fight […]

How to Get a Mortgage Even If You Have ‘Crippling’ Student Loan Debt

There’s little doubt about it, Americans are loaded down with student loan debt. According to information from Finder.com and the Federal Reserve, faculty loan debtors owe a document $1.4 trillion in student loan debt, making faculty loans the second-largest type of family debt, second to mortgages. Yet even with all that burdensome debt, Americans nonetheless wish to purchase a house, […]