The Latest Threat to Student Debt Cancellation
While we await the Supreme Court’s decision on the legality of student debt cancelation, the threats to President Biden’s executive order cancelling up to $20,000 of student debt for Pell…
SCOTUS Hears Cases on Student Debt Cancellation. What Does it All Mean?
On February 28, the Supreme Court heard arguments on two cases that have been holding up student debt cancellation for the 26 million people who applied. The first, Biden v.…
Income-Driven Repayment Plans Fail Black Borrowers
Approximately 43 million Americans collectively owe $1.6 trillion in federal student loan debt, but this debt is not borne…
What You Need to Know About Student Debt Cancellation
Yesterday, the Biden administration took a bold first step to tackling the $1.7 trillion student debt crisis in this country by providing limited student debt cancellation. Already, borrowers and advocates…
Black Women’s Mental Health and the Student Debt Crisis
Any moment now, the Biden administration will announce its plan to forgive student debt as the moratorium on loan payments will expire at the end of this month. While mounting…
How Student Debt Harms Black Borrowers’ Mental Health
Approximately 45 million Americans carry $1.7 trillion in student loan debt, but the financial challenges facing Black borrowers are…
How Black Women Experience Student Debt
Forty-five million Americans collectively owe $1.7 trillion in student loan debt, and women hold nearly two-thirds of it. But…
Jim Crow Debt
Student debt has been a crisis for years, and the pandemic has only exacerbated matters for many borrowers. This is especially true for Black borrowers, who are among those most negatively affected by student loans.
Black Student Loan Borrowers: College Debt Is Lifetime Sentence That Widens Racial Wealth Gap
(WASHINGTON) – A new research brief from The Education Trust shows that the student debt crisis places an especially heavy burden on Black Americans with student loans. Jim Crow Debt:…