Rising inflation adds pain to student loan debt | TheHill
Companies, agencies, institutions, etc
Nexstar Media Inc.
the Debt Collective
BidenJoe BidenHouse
GOP
Our Revolution
the White House
Congress
Senate
the Department of Education
The White House
Saving For College
Kantrowitz
the Labor Department
the Center on Education Data and Policy at the Urban Institute
The Department of Education
A White House
history.“The
The Federal Reserve
the Student Debt Crisis Center
NW Suite 900 Washington DC
|
People
debt.“Right
Thomas Gokey
Putin
Brezhnev Doctrine
Biden
Joseph Geevarghese
Charles SchumerChuck
Mark Kantrowitz
Sandy Baum
Hill
Natalia Abrams
Groups
Americans
Democratic
Democrats
numbers.“Black
Physical locations
No matching tags
Places
No matching tags
Locations
Ukraine
Biden’s
Events
No matching tags
Summary
Labor market discrimination also is a major factor, she continued, pointing out Black bachelor’s degree recipients continue to earn less than their white counterparts, despite possessing the same skills and qualifications.The Department of Education pointed to Biden extending the temporary pause on federal student payments as “much needed relief” to borrowers when asked about the impact of high inflation on borrowers.The department vowed to help borrowers when payments resume.“As payments resume, the Department will focus on making sure that no borrower is forced to make a payment they cannot afford by helping borrowers enroll in income-driven repayment plans or take advantage of other options to address their financial hardship,” a spokesperson said.While cash-strapped borrowers or those in certain public service careers may be able to enroll in forgiveness or repayment programs, those who don’t will face another hurdle in rising prices.
As said here by Alex Gangitano,Aris Folley and Sylvan Lane