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What Richard Cordray, Biden's Student Loan Czar, Has Said About Canceling Debt

What Richard Cordray, Biden s Student Loan Czar, Has Said About Canceling Debt
On 5/4/21 at 10:38 AM EDT
U.S. Department of Education Secretary Miguel Cardona appointed Richard Cordray, a progressive ally and longtime opponent of debilitating student loan debt, as the agency s chief operating officer of federal student aid on Tuesday.
Cordray, former head of the Consumer Financial Protection Bureau (CFPB), will oversee the federal government s $1.6 trillion portfolio of student loans and financial aid programs. Cordray most likely will handle the daunting and impending task of restarting student loan debt collection which has been suspended due to the pandemic through at least September 30. Cordray issued a statement following his appointment this week which acknowledged the insurmountable debt faced by tens of millions of Americans who sought an education. Currently, 43 million Americans hold nearly $1.5 trillion in student loan debt. ....

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Murphy wants to guarantee more college kids free tuition. Here's why the plan has promise | Editorial

Murphy wants to guarantee more college kids free tuition. Here’s why the plan has promise | Editorial
Updated 8:00 AM;
Today 8:00 AM
Gov. Phil Murphy signed legislation to make community college tuition free for lower income students. Now he s extending that promise for two years at a four-year college. (Reena Rose Sibayan | The Jersey Journal)
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All too often, needy students rule out college because they believe the price tag is unaffordable. A 2020 study by three economists found that a 10 percent increase in sticker prices at a public flagship like Rutgers reduces their likelihood of applying, even though many could enroll for free – or nearly free – with the state and federal aid that exists. ....

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4 Employers That Will Pay for Your College Degree

4 Employers That Will Pay for Your College Degree
moneytalksnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneytalksnews.com Daily Mail and Mail on Sunday newspapers.

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Debt debate: Is there a way to make college more affordable?

Debt debate: Is there a way to make college more affordable?
csmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csmonitor.com Daily Mail and Mail on Sunday newspapers.

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Opinion | Joe Biden Knew He Was Onto Something Long Before We Did

Credit.Erin Schaff/The New York Times
Last year, as he steamrolled his way to victory in the Democratic presidential primaries, Joe Biden told CNN that the pandemic was “probably the biggest challenge in modern history, quite frankly.”
“I think it may not dwarf but eclipse what F.D.R. faced,” he added.
Biden referred to Franklin Roosevelt again in an interview with Evan Osnos of The New Yorker. “I’m kind of in the position F.D.R. was,” he said.
And a week before the election, Biden gave a speech at Roosevelt’s winter White House in Warm Springs, Ga., where he promised to “overcome a devastating virus” and “heal a suffering world.” ....

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