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Student Debt Topics

Student%20loans

Democracy Now! reports about the growing student debt crisis.

Newest First | Oldest First
  • Strike-student-debt-2
    More than 100 former students of the for-profit Corinthian Colleges system have joined what they say is the nation’s first student debt strike. The students have refused to pay back loans they took out to attend Corinthian, which has been sued by the federal government for its predatory lending.
    April 02, 2015 | Web Exclusive
  • Latonyasuggscollegedebtstriker
    Students and activists are taking direct action over what some have called the nation’s next financial crisis: the more than $1.2 trillion in student loan debt. The massive cost of U.S. college tuition has saddled millions with crushing debt and priced many others out of the classroom. Now, 15 former students of the for-profit Corinthian Colleges system have launched what they say is the nation’s first student debt strike. The...
    February 25, 2015 | Story
  • Obama-loans1
    President Obama has unveiled new executive actions to address what some have called the nation’s next financial crisis: the over $1.2 trillion in student loans. Obama’s order will expand the "Pay As You Earn" program capping loan payments at 10 percent of monthly income. The program also forgives any outstanding debt after 20 years of payments. The massive cost of U.S. college tuition has saddled millions with crushing...
    June 10, 2014 | Story
  • Ivory-tower1
    The cost of a college degree has grown by over 1,120 percent in the past three decades, far surpassing price hikes for food, medical care, housing, gasoline and other basics. Coupled with $1.2 trillion in student debt, the U.S. is facing a crisis that threatens not just the economy but the nation’s education system itself. The issue is explored in the riveting new documentary "Ivory Tower," which argues the model for higher...
    June 10, 2014 | Story
  • Papasfritas
    You may know the adventures of Robin Hood and Zorro, outlaws fighting for the poor. Today we meet the newest member of that club, a Chilean activist who goes by the name Papas Fritas. Francisco Tapia, known as Francisco "Papas Fritas," or French fries, says he burned $500 million worth of debt papers from the private Universidad del Mar. Chilean authorities are in the process of shutting down the university over financial...
    May 23, 2014 | Story
  • De_blasio
    Tuesday’s election signaled a political sea change in New York City as voters chose a candidate who repeatedly emphasized his progressive vision. The city’s public advocate, Bill de Blasio, crushed Republican Joe Lhota in the mayoral race to replace billionaire mayor Mike Bloomberg. De Blasio is set to become the first Democrat to lead the city in two decades. During his campaign, de Blasio’s signature message focused on what...
    November 08, 2013 | Story
  • Studentloan
    On the heels of President Obama’s signing of a measure keeping federally subsidized student loans at a relatively low rate through 2015, Rolling Stone political reporter Matt Taibbi joins us to discuss how the high price of U.S. college tuition and the federal expansion of student debt to pay for it pose a major threat to the economy. In his new article, "Ripping Off Young America: The College-Loan Scandal," Taibbi writes:...
    August 20, 2013 | Story
  • Student-loan
    The interest rate for federally subsidized student loans has doubled to 6.8 percent after Congress failed to reach a deal to avoid the hike. A proposal by Democratic Senator Elizabeth Warren to lower student loan interest rates to 0.75 percent — the same rate given to big banks on government loans — also faltered before the deadline. Lawmakers will still have a chance to come to an agreement before the next school year, but...
    July 03, 2013 | Story
  • Cooper_decor
    Students and administrators at New York City’s Cooper Union are clashing over the future of one of the last private universities in the United States to offer free tuition. Activists are occupying the president’s office for a ninth day after the school said fiscal problems would force an end to more than a century of free tuition for undergraduates. We host a debate with three guests: Mark Epstein, the chairman of the board of...
    May 16, 2013 | Story
  • Discussion
    The Occupy Wall Street movement is largely credited for reframing the national dialogue on economic inequality and popularizing the phrase, "We are the 99 percent." We host a roundtable with Frances Fox Piven, an author and professor at City University of New York who has studied social movements for decades; Nathan Schneider, editor of the blog Waging Nonviolence, which has extensively covered the Occupy movement; and Suzanne...
    September 17, 2012 | Story