College loan

3 ways student debt impacts the economy

At the height of the pandemic, workers with university degrees have been spared some of the harshest consequences. The Bureau of Labor Statistics reports that workers with a bachelor’s degree are less likely to be unemployed and earn 67% more than those with only a high school diploma. In addition, …

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Bill will offer loan repayment to military teachers

WICHITA FALLS, Texas – U.S. Representative Ronny Jackson last week proposed a bipartisan bill called The Defense Community Teacher Support Act, which would make teachers working in qualified military communities eligible for student loan relief after five years in the classroom . “This is a bill that I sponsored, I …

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Proposal: Give $ 1,000 to each baby

President Joe Biden (Photo by Sean Rayford / Getty Images) Getty Images Should Each Baby Receive $ 1,000? Senator Cory Booker says “yes”. Here’s what you need to know. Baby ties: “stimulation checks” for babies In February, Senator Cory Booker (D-NJ) and Representative Ayanna Pressley (D-MA) reintroduced the American Opportunity …

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Who would benefit most from universal student debt relief?

Video transcript Narrator: Young people trying to build successful lives and careers can be hampered by high student debt, with the average student debt being $ 35,000. Nationally, student loan debt has swelled to $ 1.6 trillion, making it the largest non-mortgage source of US household debt. Many policymakers, including …

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