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Student Debt Topics

Student%20loans

Democracy Now! reports about the growing student debt crisis.

Newest First | Oldest First
  • Student_debt_protest
    Today marks what activists are calling 1T Day, the day U.S. student debt reaches $1 trillion. A coalition of groups from Occupy Wall Street plan to gather on college campuses and communities around the country to protest record-high college costs and call for an extension of low-interest rates on federally subsidized Stafford loans. In a bid to court the youth vote, President Obama weighed in on student debt on Tuesday with a speech at the...
    April 25, 2012 | Story
  • Splash_image20111205-21747-1wm3vfq-0
    Monday was a day of action for university students on both coasts angered by the rising cost of tuition and the crackdowns on their recent protests. In California, students temporarily shut down a meeting of the University of California Board of Regents to protest a series of tuition hikes and the violent response to protests at UC Berkeley and UC Davis. Wary of a massive demonstration, the regents met by conference call from four different...
    November 29, 2011 | Story
  • Splash_image20111011-14782-1mty43a-0
    In 1968, Olympic medal winner John Carlos became an international icon when he and Tommie Smith raised their fists in the Black Power salute during the national anthem at the Olympic prize ceremony as a protest against racism in the United States. The photo of the men has become one of the most iconic images of our time. Carlos has just published a new memoir with assistance from sportswriter Dave Zirin. The two spoke to a crowd at Occupy Wall...
    October 11, 2011 | Story
  • Splash_image20111006-19624-zzcspe-0
    Students made up a large contingent of Wednesday’s march in support of Occupy Wall Street. A national day of student walkouts was held to protest budget cuts and to show support for Occupy Wall Street. According to the website OccupyColleges.org, walkouts occurred at 75 schools across the nation, including many in New York City. Democracy Now! met up with several students who walked out of classes at the City University of New York, the...
    October 06, 2011 | Story
  • Medicarebutton2
    The deepest cuts in the Republicans’ 2012 budget proposal come from programs that serve the poor, including nutrition, student loans, and especially healthcare. In one of the most sweeping changes, the budget plan would gut Medicare and Medicaid programs by turning Medicare from a guaranteed benefit into a system in which private insurers cover elderly Americans, and cutting $800 billion from Medicaid by turning it into a state block...
    April 07, 2011 | Story
  • Student-loans
    Hundreds of students rallied on Capitol Hill Tuesday to support a massive overhaul of student loan programs. The measure would end the role of private banks in federally backed student loans and make the government the primary lender. Student protesters have also converged in Washington to call for passage of the Development, Relief and Education for Alien Minors Act. The DREAM Act would grant permanent citizenship to undocumented workers’...
    March 25, 2010 | Story
  • Manning-creditcardnation-dn
    New federal credit card rules that took effect Monday promise to outlaw the most egregious practices of the credit card industry that have plunged customers into insurmountable debt. The Credit Card Accountability Responsibility and Disclosure, or CARD, Act includes new protections for customers under twenty-one and makes it illegal for credit card companies to retroactively increase rates and charge certain types of misleading fees. But many...
    February 23, 2010 | Story
  • Lawmakers and public officials in California, Ohio, South Carolina, Missouri, Washington and other states are attempting to crack down on the controversial practice known as payday lending. Payday loans are short-term loans or cash advances secured by a post-dated check. The annual interest rate for these loans can be as high as 400 percent, ten times the highest credit card rates. Today, it’s a $40 billion industry with more than 22,000...
    March 26, 2009 | Story
  • Amid massive government bailouts of the nation’s banks, we speak to the Reverend Jesse Jackson about Reduce the Rate, his new campaign urging the Obama administration to slash the interest rates on crippling student loans. We also speak with Alan Collinge, founder of Student Loan Justice and author of The Student Loan Scam: The Most Oppressive Debt in U.S. History — and How We Can Fight Back. [includes rush transcript]
    March 12, 2009 | Story
  • In an important victory for college students, President Bush will sign the largest increase in student aid since the GI Bill — an increase he initially threatened to veto. Meanwhile, Bush may soon have to decide on whether to follow on another veto threat. The House has passed a $35 billion expansion to the State Child Health Insurance Program (S-CHIP), and the Senate is expected to follow suit. We speak with Roger Hickey of Campaign for...
    September 27, 2007 | Story