More on Education
Nearly 500 people turned out Saturday for a town hall discussion on the status of Black children in California’s public education and system.
Not enough attention is being given to the crushing debt being placed on the backs of future generations from student loans.
Representative Bass, Education Advocates Convene for Forum on State of Black Education in California
Congresswoman Karen Bass (D-Calif.) joined hundreds of parents, teachers and education advocates for a summit on the State of Black Education in Los Angeles and across the nation.
Total student debt almost tripled between 2004-2012. In March, Bass introduced the Student Loan Fairness Act, which moved to cap the interest rate on federal student loans at 3.4 percent, suspend interest rates while borrowers are unemployed and offer loan forgiveness to qualified borrowers.
Join us for a constructive dialogue about ways to address a new report showing that black students lag far behind their peers in Los Angeles County schools.
Los Angeles Congresswoman Karen Bass has been pushing for student loan debt relief. Tuesday on Capitol Hill, she and two other House Democrats turned to financial guru Suze Orman to champion their cause. Orman had some ideas of her own.
There is a legislative effort to ease some of the potential burdens, as the interest rate for some federal student loans is set to jump to 6.8 percent from 3.4 percent in July. Congresswoman Karen Bass is proposing to cap student loan interest rates at 3.4 percent.
U.S. Rep. Karen Bass joined NPR's All Things Considered to discuss the Student Loan Fairness Act and the looming student debt crisis.
So how would the Student Loan Fairness Act help you deal with your student debt? The plan would cap borrowers' monthly payments to 10 percent of their discretionary income and limit interest capitalization to 10 percent of the original principal amount.
With student loan debt surpassing $1 trillion and unemployment rates for recent graduates lingering near painful post-2008 heights, student debt has become a serious burden on our national economy and on young lives. We have proposed the Student Loan Fairness Act to give these Americans — young and old — a chance to break free from this crushing debt.