New college graduates might not have to pay their student loans for three years

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Obama did that!! Not Trump!!

Obama did that not POTUS!!

Also, stop making students take pointless classes just to bring in extra revenue. Oh, and the text book scam...fix it. Humans are intelligent but seem to fall short.

Student loan forgiveness assholes

Say yes to studentloanforgiveness for bullet 3 below!

I don't want to pay my remaining student loans for three years...how do I apply?

when will homeowners not have to pay and who will pay for that?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States 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. It’s funny how a country where a leader took things seriously from the get-go has managed to contain it instead of relying denying its existence — saying it will just go away — blaming everyone else for it — saying without them millions could have died. Weird!! 🤷🏻‍♂️ So virtue signaling is the only cure for the Corona Virus... Great news! Why can’t we do that here in the US?
Source: Newsweek - 🏆 468. / 52 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.” Good news!! So that is great news theendisnear secupp right now
Source: NBCNews - 🏆 10. / 86 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. There's a few NJ car dealer-types in Trump's cabinet right now JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn JusticeForCarolyn Probably makes more profit from selling a mask than a used car
Source: Reuters - 🏆 2. / 97 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 Soooo cool. Still working on my contribution. Conceive and shape student-science advocacy podcast. As a next generation delivery device for a new kid's movement.
Source: InterviewMag - 🏆 484. / 51 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. AkikoOkamotoTV changran_kim Masks aren't politicized in healthy democracies. In America, less masks = more needless death. And sorry MAGAs, hydroxychloroquine and bleach will kill you too. AkikoOkamotoTV changran_kim All the same in Eastern Asia Countries AkikoOkamotoTV changran_kim It's not 'new normal', fake news.
Source: Reuters - 🏆 2. / 97 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.
Source: NBCNews - 🏆 10. / 86 Read more »