For the second time this year, Congress’ inability to reach consensus on essential fiscal legislation has devolved into largely partisan bickering and literal, last-minute temporary financial band-aids.
Brenda Harris, an outspoken advocate and civil servant who influenced state education policy, died after a brief illness. She was 71.
On Jan. 20, at the request of President Joe Biden, the U.S. Department of Education announced that it would extend the federal student loan payment moratorium, suspending payments on student loans through Sept. 30. The interest rates on these loans will also stay at 0 % until Sept. 30.
The non-profit research and policy organization is targeted towards the education surrounding predatory lending, a practice commonly directed towards minority communities. The virtual town hall, moderated by White House Correspondent and CNN Political Analyst April Ryan, focused primarily on the areas of small businesses, housing and student loans with a particular emphasis on minority and Black communities.
Presidential candidate Tom Steyer revealed his plans for criminal justice if voted as president in this upcoming election. The plan, which focuses on large on issues that have plagued Black and Brown citizens was announced January 23, 2020, with efforts to address systematic racism within the court of law.
This action guarantees more than $2.5 billion over the next 10 years, including $850 million specifically for HBCUs,” the President stated.
This month, my organization, the National Alliance of Public Charter Schools released its highly-anticipated report, “Identity and Charter School Leadership: Profiles of Leaders of Color Building an Effective Staff” which examined the ways that school leaders of color’s experiences and perspectives influence how they build school culture, parent and community relationships, and effective staff.
When likely voters across the country were recently asked their opinions about student loan borrowing, 82% agreed that the still-growing $1.5 trillion debt is a national crisis. Even when partisan affiliations were included, the solid concern for this unsustainable financial burden held strong: 74% of Republicans, 80% of independents, and 90% of Democrats.
The Chairs of the Congressional Tri-Caucus –Congressional Black (CBC) Caucus Chair Karen Bass (CA-37), Congressional Hispanic Caucus (CHC) Chair Joaquin Castro (TX-20), and Congressional Asian Pacific American Caucus (CAPAC) Chair Judy Chu (CA-27) – released their Tri-Caucus Higher Education Priorities for the reauthorization of the Higher Education Act.
Most consumers would likely agree that consumers should get what they pay for. If a product or service fails to deliver its promises, refunds are in order.
Every Fourth of July celebrates this nation’s founding. But this year, only a few days before the annual freedom celebration, an ill-advised governmental action will financially doom rather than free millions of student loan borrowers – as of July 1. Moreover, this action arrives as the cost of higher education continues to soar and household incomes remain largely stagnant.
Higher education has always offered opportunities to learn and earn a better quality of life. But in the 21stCentury, higher education has also become synonymous with ever deepening debt. More than 44 million consumers of varying ages and occupations struggle with $1.5 trillion in student debt.
In an increasingly competitive global economy, highly skilled workers have a sharp advantage in securing and keeping employment. And as technological advances result in life-long learning in many occupations, many worker-students turn to federal student aid, the largest source of funding for higher education, to expand and/or hone their value in the marketplace.
“…this year, just a week before Christmas, there are people who were dealing with the aftermath of something far colder than the weather: college closures with no advance notice and a promise of more information at a date yet to be determined.”
For years, and particularly in recent months, major news outlets have heralded the nation’s robust economic recovery. From rising corporate profits, to lower unemployment, or rising stock prices on Wall Street, many consumers might conclude that financial stability not only returned after the Great Recession but continues to climb.