Universities Are Making Billions Gatekeeping Your Meds
The University of California has raked in a previously undisclosed $1.6 billion from Xtandi sales, and now doesn’t want the government lowering exorbitant drug costs.
Education
Ending The Ivy League’s Tax Dodge
As efforts mount to finally tax private universities’ massive endowment funds, wealthy institutions are fighting back.
Largest U.S. Teachers Union Allows Private Equity To Prey On Educators
The National Education Association’s benefits arm is pushing high-fee, poorly performing retirement plans run by a firm accused of fraud and mismanagement.
Rutgers Puts Wall Street Before Teachers
Educators are striking at New Jersey’s state university, which has pumped $246 million from its endowment into high-fee hedge fund investments since 2020.
Biden Administration Caves To Pressure On Student Debt Bankruptcy
The Justice Department announced Thursday it would no longer fight bankruptcy efforts of federal student loan borrowers if they are being crushed by debt.
Student Debt Relief Would Boost GOP States
Fed data show Republicans are trying to end a program that would especially help working class people in red states.
Biden Stalls Crackdown On Student Debt Predators
While the president claims he’s “holding colleges accountable,” he’s dragging his feet on a rule that would stop institutions from defrauding students in the first place.
Why Is Biden’s DOJ Still Targeting Student Debtors?
In a letter obtained by The Lever, Sen. Elizabeth Warren demands the administration “overhaul the student loan system and ensure that bankruptcy relief is a viable option.”
The Military-Student-Debt Complex
GOP war hawks slam Biden initiative for “undermining” Pentagon efforts to prey on desperate young people.
The Means-Test Con
Limiting student debt relief is cynicism masquerading as populism — and it will just enrage everyone.