student loan debt

The Biden-Harris Administration recently announced that changes are being made to student loan programs that will result in 40,000 borrowers having their student debt immediately wiped.  

Students at Virginia-based HBCU Hampton University got a pleasant surprise this week after learning that all balances from the Spring 2022 semester will be wiped, in addition to a halt in tuition, fees, room and board for the fall semester as well.

President Joe Biden is being called out for falling back on his promise to wipe out student loan debt.

Robert F. Smith, the billionaire who famously stated that he would pay off the student loans of Morehouse’s graduating class of 2019. At the time of the announcement, he shared that he would pay for the debts that the students themselves had incurred. Now, according to Blavity, Smith has vowed to cover the debt the parents took on […]

Robert F. Smith, the billionaire who famously stated that he would pay off the student loans of Morehouse’s graduating class of 2019. At the time of the announcement, he shared that he would pay for the debts that the students themselves had incurred. Now, according to Blavity, Smith has vowed to cover the debt the parents took on […]

I know on yesterday’s show you all already talked about what happened at Morehouse’s graduation on Sunday, but as a Morehouse grad, I just wanted to come at it from a personal angle for a moment this morning. On this past Sunday, Robert F. Smith, one of the most successful investors in the world and […]

TODAY WE ARE TALKING ABOUT GRADUATES OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, AND STUDENT LOAN DEBT. WHAT IS THE LATEST? A recent article in The Wall Street Journal caught my eye. In it, the authors note that while historically Black colleges and universities have helped millions of Black students achieve financial prosperity, they may now […]

Jasmin Ford got her Christmas miracle this year when Fifth Third Bank decided to pay off $150,000 in student loan debt. The Ohio-based bank gave Ford, a 30-year-old nurse and single mother, a little taste of Christmas magic. “I still can’t find the words,” Ford told Good Morning America. “I’m off work again today and I’m just sort of […]

When Takiia Anderson graduated from Boston College Law School in 1999, she was a single mom with a 2-year-old child, nearly $100,000 in student loans and a new job as a government attorney that paid $34,102 a year. She didn’t like that math. “People are talking about 20 years to pay off a student loan, […]

WE ARE ONCE AGAIN TALKING ABOUT STUDENT LOANS? WHY IS IT ON YOUR MIND TODAY?  In May, total student loan debt in the US broke through another milestone, topping $1.5 trillion. That fact alone is worth noting, as it tells us that American college students continue to take on huge amounts of college debt. What […]

U.S. student loan debt has reached $1.3 trillion dollars, a figure that surpasses every type of consumer debt besides mortgage payments, and at the brunt end of this sad statistic are Millennials. If that $1.3 trillion was divided evenly among the entire American population, every person would still have $3,800 of debt for only student […]