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- Title
Why the Student Debt Crisis Would Likely Worsen Under a Second Trump Administration.
- Authors
RICHWINE, ALEX; AUSTIN, ALGERNON
- Abstract
The article discusses the student debt crisis in the United States and how it would likely worsen under a second Trump administration. The Biden administration has implemented policies to forgive student debt and ease repayment, which has halted the increase in outstanding student debt. However, the Mandate for Leadership, a policy manual endorsed by prominent conservative organizations, recommends rolling back these policies and eliminating loan forgiveness. The article highlights the burden of student debt on the middle class and marginalized groups, and the negative impact of the Trump administration's policies on student borrowers. The Biden administration has pursued student debt relief and implemented programs to help struggling borrowers. Overall, the article suggests that a second Trump administration would not prioritize student debt forgiveness, exacerbating the crisis.
- Subjects
DEBT relief; PRESIDENTIAL administrations; STUDENT loan debt; STUDENT loans; DEBT
- Publication
CounterPunch, 2024, p1
- ISSN
1086-2323
- Publication type
Article