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The STUDENT DEBT CANCEL: What you should know about the debt of student
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ISBN13：9798848250251
出版社：Independently published
作者：Michael Henry
出版日：2022/08/24
裝訂：平裝
規格：22.9cm*15.2cm*0.2cm (高/寬/厚)
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President Biden thinks that post-high school education should be a ticket to a middle-class life, but for too many, the expense of borrowing for college is a lifetime burden that deprives them of that chance. During the campaign, he vowed to grant student debt relief. Student debt has become a huge economic burden, with 45 million Americans carrying more than $1.7 trillion in federal student loans.
Since 1980, the overall cost of both four-year public and four-year private college has roughly quadrupled, even after accounting for inflation. Federal funding has not kept up: Pell Grants historically paid about 80 percent of the cost of a four-year public college degree for students from working households, but now barely cover a third. That has left many students from low- and middle-income households with no alternative but to borrow if they want to acquire a degree.
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