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.
The Justice Department announced Thursday it would no longer fight bankruptcy efforts of federal student loan borrowers if they are being crushed by debt.
Fed data show Republicans are trying to end a program that would especially help working class people in red states.
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.
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.”
GOP war hawks slam Biden initiative for “undermining” Pentagon efforts to prey on desperate young people.
Limiting student debt relief is cynicism masquerading as populism — and it will just enrage everyone.
The demand was prompted by The Lever’s series showing Biden betraying his major campaign promise.
Trump’s education secretary scrapped a rule designed to stop predatory college programs — and the current White House is defending the move in court.
To get America back to work and boost profits, the Koch network and other right-wing money groups have long pushed to return to pre-pandemic schooling.