Inside Higher Ed Katherine Knott January 31, 2023 The Biden administration’s proposed changes to income-driven repayment would cost $333 to $361 billion over the next 10 years, economists at the Penn Wharton Budget Model found. The estimate is more than double what the Education Department said the plan would cost. The department said the plan would have a net […]
Read More
CNBC Annie Nova January 29, 2023 Political consequences for Democrats. A historic rise in delinquencies. Here’s what experts predict will happen if the Supreme Court rules against Biden’s student loan forgiveness plan and the relief never materializes. It’s possible that the U.S. Supreme Court will strike down the Biden administration’s student loan forgiveness plan, leading to […]
Read More
Insider Ayelet Sheffey January 27, 2023 A White House official told reporters that Biden is not “deliberating or considering” a backup plan to cancel student debt. This comes as the Supreme Court is taking up two lawsuits next month that are currently blocking Biden’s broad relief. The White House maintains confidence in its authority, but […]
Read More
Cal Matters Mikhail Zinshteyn January 26, 2023 IN SUMMARY Cal State leaders revealed a new plan that will take money from campuses missing enrollment targets and give it to schools exceeding their targets. The California State University system is putting campuses on notice: Enroll more students or lose money. It’s a stunning reversal of fortune […]
Read More