Art by Autumn HardwickSome Pepperdine students received news Aug. 22, when President Joe Biden announced a student loan forgiveness plan to help many individuals with student debt. This plan is a decent start at addressing existing racial and class inequities in the U.S. higher education system, but making loan forgiveness amounts higher and providing free public undergraduate … [Read more...] about Opinion: Biden’s Student Loan Forgiveness Plan Does Not Go Far Enough
student loans
Higher Education Reform Requires More Nuance Than Free College And Loan Forgiveness
Art by Elizabeth Brummer“Promises make debt, and debt makes promises,” states a Dutch proverb. For millions of Americans, the promise of a better life through higher education led to $1.5 trillion in total student debt, according to the Federal Reserve. Coupled with a rising number of jobs requiring college degrees, these facts have made college costs a salient … [Read more...] about Higher Education Reform Requires More Nuance Than Free College And Loan Forgiveness
Make Student Loan Debt Disappear
Art by Ally ArmstrongThe crippling weight of student loan debt sits on the shoulders of 45 million people in the United States, according to Forbes. Totaling a whopping $1.5 trillion and counting, student loan debt in 2019 is the highest it has ever been, and it keeps climbing.Student loans do not solely affect the most recent generation of Americans: in fact, the current … [Read more...] about Make Student Loan Debt Disappear
American Horror Story: Students Face Lifelong Debts
To the left is a monster and to the right, an open door. Through that open door is darkness. Whispers echo through the door from parents saying things like, "Just apply for some scholarships, that's how I did it." The monster whispers in your ear, "30 years, low-interest, you'll pay it off in no time." Every year the monster demands more to repay the debt. His pockets are … [Read more...] about American Horror Story: Students Face Lifelong Debts
Student Loans Reach All Time High
Infographic by Andrea Oguntula This year student loan debt in the United States hit $1.1 trillion, and the average undergraduate who has taken out a loan is graduating about $30,000 in debt, Kevin Carey reported for The New York Times. A significant portion of Pepperdine’s student body is contributing to this national debt. Associate Director of Loan Programs at Seaver … [Read more...] about Student Loans Reach All Time High