Tag: Black student debt

EdTrust Comment on the Department of Education’s Proposed Rule Regarding Student Debt Relief Based on Hardship

November 25, 2024 by EdTrust

EdTrust applauds the Department of Education for proposing two pathways for waiving some or all of the outstanding balance of a federal student loan held by the Department.

Understanding the Full Cost of Short-Term Credentials

files November 19, 2024 by Jinann Bitar, Sandra Perez, Sabreyna Reese, Mia Elliott

Interest in short-term credentials is surging but their value is mixed. More research is needed to assess their effectiveness.

Why We Need the Department of Education

article-cropped October 29, 2024 by Reid Setzer

Here are several reasons why eliminating the Department of Education is a foolish and destructive idea.

EdTrust Welcomes the Release of Proposed Hardship Relief Rule for Student Debt

newspaper October 25, 2024 by EdTrust

Statement on the Biden-Harris administration’s proposed rule on student-debt cancellation for financial hardship.

The New Gainful Employment Rule Set to Protect Black Borrowers From Predatory Colleges

article-cropped January 11, 2024 by Sayda Martinez-Alvarado

The Department of Ed’s gainful employment rule and financial value transparency framework are designed to protect students from predatory programs that saddle them with large amounts of debt and low-value degrees.

How Borrowers Should Prepare for Student Loan Payments to Resume

article-cropped August 08, 2023 by Jaylon Herbin

After a three-year pause, student loan payments will resume in October. The timeline for payments restarting was part of negotiations for the debt-limit deal that recently was passed by Congress.…

How the Supreme Court Decision Blocking Student Loan Forgiveness Affects Black Women Like Me

article-cropped August 07, 2023 by Deiondria Lee-Sanders

On two consecutive days in June, the Supreme Court delivered devastating blows to federal education equity efforts aimed at helping students of color and students from low-income backgrounds earn their…

5 Ways the Saving on a Valuable Education (SAVE) Plan Can Help Student Loan Borrowers

article-cropped July 17, 2023 by Victoria Jackson

Last week, the Biden administration announced that 804,000 borrowers will have over $39 million in federal student debt cancelled as a result of the income-driven repayment (IDR) plan account adjustment.…

Parent PLUS Loans Are a Double-Edged Sword for Black Borrowers

files June 07, 2023 by Victoria Jackson, Brittani Williams, Jalil B. Mustaffa, Ph.D.

Approximately 43 million Americans collectively owe $1.5 trillion in federal student loan debt, but students aren’t the only ones…