June 6, 2023 1:53 pm

The Student Loan Pause Has Made Borrowers Worse Off

A new working paper finds that borrowers whose loan payments were paused actually had more debt at the end of 2021 than those whose loans were never paused.

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June 5, 2023 12:39 pm

Student Loan Borrowers Get Deeper in Debt from Pause in Payments

A remarkable new working paper shows the household finances of student loan borrowers have become more burdened by debt during the last three years. Although many have been excused from making payments since 2020, many of these borrowers responded to that relief by taking out other kinds of loans. Here’s what the University of…
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The post Student Loan Borrowers Get Deeper in Debt from Pause in Payments appeared first on The Beacon.

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May 31, 2023 12:15 pm

Debt Ceiling Deal Will End The Student Loan Repayment Pause

If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.

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May 16, 2023 9:01 pm

Trump’s Disregard for the Rule of Law Is at Least As Bad As Biden’s

The former president reminds us that claiming unbridled executive power is a bipartisan tendency.

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May 11, 2023 12:09 pm

CBO Puts Full Price Tag on Biden Student Loan Relief Scheme

Since President Biden announced he would forgive the student loans of millions of Americans last year, the biggest unanswered question about the scheme has been how much it would cost taxpayers. It’s a question that only exists because the U.S. government took over the student loan industry in 2010. The government has had to borrow the money to…
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The post CBO Puts Full Price Tag on Biden Student Loan Relief Scheme appeared first on The Beacon.

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May 11, 2023 11:45 am

Lawsuit: It’s Time To Start Paying Off Those Student Loans Again

The lawsuit claims that the pause has cost taxpayers “$160 billion and counting.”

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May 11, 2023 3:00 am

Will Separation of Powers Doom Biden’s Student Debt Plan?

Biden v. Nebraska has far-reaching implications for presidential power.

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May 6, 2023 10:31 am

New Report on State Standing in Student Loan Case Comes Up A Few Dollars Short

A new report purporting to show that Missouri’s arguments for standing in Nebraska v. Biden are based on a lie fails to deliver.

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May 5, 2023 9:40 am

Biden’s Student Loan Plan Could Cost Twice as Much as Projected

Unlike the Education Department’s estimates, a CBO analysis considers how the new rules will encourage more students to take out loans they won’t be able to pay back.

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April 25, 2023 9:23 am

Fewer People Are Going to College. Here’s Why That’s a Good Thing.

The time and money spent on college can often be used more productively.

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April 14, 2023 9:15 am

Heaton Fixes the Student Debt Crisis

How to—and how not to—help solve the college debt problem.

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