student loan forgiveness
Ohio AG Yost signs on to try to stop billions in student loan debt from being forgiven
Ohio Attorney General Dave Yost is trying to prevent billions of dollars of student loan debt from being forgiven. Yost filed an amicus brief recently with the U.S. Supreme Court — along with 19 other states — arguing U.S. Secretary of Education Miguel A. Cardona’s plan to wipe away an estimated $6 billion in student […]
Black student loan borrowers at risk as U.S. Supreme Court weighs forgiveness plan
WASHINGTON — As the Biden administration prepares to defend its student debt cancellation program before the U.S. Supreme Court on Feb. 28, data shows that Black borrowers have the most to lose should a majority conservative court strike down the policy. Black borrowers hold a disproportionate share of student loan debt, and many likely were […]
New federal student loan repayment plan aimed at low-income borrowers
WASHINGTON — The U.S. Department of Education unveiled a proposal Tuesday that would overhaul a federal student loan income-driven repayment plan, and, if implemented, could help millions of low-income borrowers. However, it’s unclear how the agency would be able to finance the program. Many student debt relief advocates also criticized the proposal for leaving out […]
Economists: Ohio student loan forgiveness might raise tuition, but not inflation
President Joe Biden continues to defer student loan payments as the legality of his plan to forgive $10,000 to $20,000 in student loans is hashed out in court. But if Ohio were to implement its own blanket student loan forgiveness, it might have the ironic effect of incentivizing institutions to raise tuition costs, but would […]