The coronavirus pandemic has excerbated the growing sense that there's something broken with how the U.S. finances higher education. Plans to deliver relief to borrowers are taking off.
Nearly 45 million Americans hold student loans. Average debt at graduation is currently around $30,000, up from $10,000 in the early 1990s. Repayment is a challenge for many: Every day, 3,000 borrowers default.to a new Politico/Morning Consult poll.
It's unclear if Republicans in the Senate will support that long of a reprieve, said Mark Kantrowitz, a higher education expert. "But, given that 2020 college graduates are graduating into the worst job market ever, I think an extension is likely," he said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Zealand discharges last coronavirus hospital patient after seeing zero new cases for 5 daysThe last coronavirus patient was discharged from the hospital in New Zealand, as the country saw five consecutive days without any new cases.
Read more »
New Rochelle, New York's initial coronavirus epicenter, begins to reopen“It’s a big, big day because it shows everything is moving forward,” the executive director of the town’s Chamber of Commerce said. “It shows we turned a corner.”
Read more »
New Jersey used car dealer charged with price gouging New York City on N95 masksA New Jersey used car dealer was criminally charged on Tuesday with exploiting the coronavirus pandemic by trying to defraud and price gouge New York City into buying N95 respirator masks he was not authorized to sell, in a roughly $45 million scheme.
Read more »
How Condola Rashad Is Feeding New Yorkers Through Her Music“This project is a celebration of the Divine Feminine in all its forms. That means it should support people.” - dolabunny
Read more »
Japanese face 'new normal' after coronavirus emergency liftedA day after Japan ended its state of emergency, Tokyo residents took to the streets with a mixture of relief and trepidation as they prepared for a 'new normal' of living with the novel coronavirus.
Read more »
China warns U.S. taking world to brink of 'new Cold War' over coronavirusThe US is pushing China to the brink of a 'new Cold War,' China's foreign minister said as officials in the world's two largest economies continue trading barbs over each other’s handling of the coronavirus pandemic.
Read more »