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Sunday, August 25, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: student debt


UPDATED: Tue., Aug. 20, 2019, 2:01 p.m.

WSU students start classes Monday with a bit of good news: Student debt in Washington is lower than in many states

Nationwide, Americans owe more than $1.6 trillion in student loans, making student debt the second-largest consumer debt segment in the country after mortgages, according to Federal Reserve data. But students …


Sanders, liberals, out with bill to cancel student debt

Days before the first Democratic presidential debates, Sen. Bernie Sanders and House progressives rolled out legislation to cancel all student debt, going farther than a signature proposal by Sen. Elizabeth …


Speaker stuns 2019 Morehouse grads, to pay off student debt

A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans – estimated at …


UPDATED: Thu., Jan. 3, 2019, 3 p.m.

For-profit college owner agrees to end $500M in student debt

A company that owns two national for-profit college chains said Thursday that it will erase nearly $500 million in debt incurred by former students as part of a settlement with …


Rep. Cathy McMorris Rodgers: Student debt is a threat to economic prosperity

The increasing cost of higher education and debt burden our students face upon graduation is a growing threat to economic prosperity and success.


Lisa Brown: Americans need student debt relief

What does it say about our nation’s priorities when we make it easier to refinance a car loan than a student loan? Hard to believe, but it is true. I …


Shawn Vestal: For college students, Pell grants aren’t what they used to be

The Pell Grant was the chief way poor kids could get a higher education, and a key way the country kept its promises about the equality of opportunity.


UPDATED: Wed., July 25, 2018, 4:35 p.m.

DeVos rules would cut estimated $13B in student loan relief

Students who are defrauded by their schools would have a harder time getting their federal loans erased under new rules proposed by the Trump administration Wednesday.


Colleges ask for a share of future salary in lieu of loans

As more students balk at the debt loads they face after graduation, some colleges are offering an alternative: We’ll pay your tuition if you offer us a percentage of your …


Froma Harrop: Does more debt lead to fewer babies?

Romper, a website for young mothers, asks a good question. Is crushing student debt a big factor in millennials’ not having children? Its answer is yes. Members of the class …


Shua Sanchez: Prosper Act would devastate graduate education and scientific advancement

A bill under serious consideration by the U.S. House of Representatives threatens the ability of college students to pursue a graduate education, and thus harms the future of scientific advancement …


UPDATED: Fri., Dec. 22, 2017, 7:35 p.m.

Still gift shopping? Here’s something more popular than Bitcoin, Netflix or marijuana

Are you shopping for a millenial? Chances are, they still have student debt.


Study: For-profits to blame for most student debt defaults

Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public schools, according to a federal study published Thursday.


UPDATED: Fri., Feb. 17, 2017, 6:11 p.m.

Student debt in America hits record

Total U.S. student debt hit a record $1.31 trillion last year, the 18th consecutive year Americans’ education debt rose, according to the Federal Reserve Bank of New York.


Parents with student debt are saving for kids’ education, survey finds

Parents who are still paying off their student loans are determined to save for their own children’s college education to help them avoid repeating the vicious cycle of debt, according …


Editorial: Eliminate purveyors of student debt relief

With graduation, millions of American students are beginning to awaken to the burden of student loans that have climbed to a total $1.3 trillion. Staggering. Luckily for them, there are …


College graduates can ease strain of loan debt

Finding a job in a slow-growing economy is daunting enough without new financial obligations. Yet that’s the challenge many university students graduating over the next few weeks will soon face.


Take early control of your student-loan debt

NEW YORK – School isn’t over yet for recent college graduates. Their next test is figuring out how to repay student loans. It’s easy to become complacent about student loans …


New lawmaker knows of student debt

BOISE – Idaho’s newest congressman-elect is a 42-year-old attorney and former state lawmaker, but he’s also still paying off thousands in student loans. “It’s how I got through law school,” …


Labrador still staddled with student debt

BOISE – Idaho’s newest congressman-elect is a 42-year-old attorney and former state lawmaker, but he’s also still paying off thousands in student loans.