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Showing blog posts by Sarah Lewis

You’ve Got Questions, The Student Loan Borrowers Hotline Has Answers

You’ve Got Questions, The Student Loan Borrowers Hotline Has Answers

Have questions about your student loans? Want to know if you can lower your payment or even pay off your loans faster? Having a hard time getting answers from your servicer or finding reliable information on the internet?

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Why Shouldn't Education Be Free?

Students hang banner below the historic clock tower of the Cooper Union Foundation building in New York City during a 2012 December occupation in protest of the possibility of implementing tuition in the historically free school.

Why shouldn’t higher education be free for everyone?

Higher education is not a commodity. It is a social good. It’s increasingly necessary to get a good, middle-class job. A more highly educated workforce can be more adaptable and make the country more competitive. So why shouldn’t it be free for everyone?

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Senate Republicans Just Let Perkins Loans Die

The U.S. House of Representatives found a rare moment of agreement on Monday, passing a bill by unanimous vote to reauthorize a program that since 1958 has provided colleges with matching funds to provide low-interest loans to students with exceptional financial need.

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Debt Relief Scammers Preying on Student Loan Borrowers

Working families who’ve saved, sacrificed and borrowed to go to college or send a family member are struggling to meet the demands of their student loans. Now those folks who feel like they’re drowning in debt from getting an education and training that makes them more productive—and makes the United States more competitive—are being targeted by so-called debt relief companies.

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Student Debt Abuse: It’s Not Just Sallie Mae

Student Debt Abuse: It’s Not Just Sallie Mae

The U.S. Department of Education Office of Inspector General just released a scathing audit report on the department’s Office of Federal Student Aid’s (FSA's) handling of contracts with private companies that collect defaulted federal student loans.

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New Law Will Increase Student Loan Interest Rates for Borrowers

New Law Will Increase Student Loan Interest Rates for Borrowers

Post-secondary students and their parents are in for a treat as they begin financial preparations for the coming school year.

Under the Bipartisan Student Loan Certainty Act, signed into law last summer, just as new federal student loan rates were set to double, student loan interest rates are now tied to financial markets, which means as the financial markets get stronger interest rates will get higher.

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Why Sen. Warren’s Refinance Bill Is a Big Deal

Image via Edward Kimmel/Flickr

Sen. Elizabeth Warren introduced a bill today to allow borrowers to refinance their outstanding student loan debt. The Warren bill is an excellent step toward easing the crushing $1.2 trillion student loan debt borne by graduates and reducing barriers to higher education for working families.

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Higher Education Ratings System Would Further Disadvantage Institutions Serving Low-Income Students and People of Color

Higher Education Ratings System Would Further Disadvantage Institutions Serving Low-Income Students and People of Color

The Center for American Progress (CAP) recently released the outline of a proposal for the Obama administration’s plan to make college more affordable. The rating system it puts forth essentially amounts to a "Race to the Top" for postsecondary and higher education institutions, something school faculty and working families have been concerned about from the get-go. Race to the Top/No Child Left Behind has resulted in further defunding of public schools serving disadvantaged students while already better-resourced schools have been able to further their lead. This has widened the achievement and opportunity gaps between children of the working class and their more privileged peers from affluent families.

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Your Patriotic Duty? Ask for a Raise

While the Great Recession started only a few years ago, journalist and playwright Barbara Garson argues that “the trouble actually started decades earlier.”

In a piece for the Los Angeles Times, Garson tells America's workers to do their patriotic duty and ask for a raise.

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Young Workers...What's on Our Policy Agenda?

Follow the conversations on Twitter: #YEPF

Workers under the age of 34 face higher unemployment rates than older workers and make up nearly half of the currently unemployed. As student debt continues to build up—exceeding even credit card debt—and wages stagnate or fall for workers with or without a college degree, young workers are accruing less wealth than their parents—perhaps the first time in U.S. history when a generation has failed to do better than its parents. Young workers struggle to find work and often take jobs that are below their education and skill level or bounce from contract to unpaid internship to temp job without the stability of a full-time regular job but with all the long hours and hard work.

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