Student Loan Subsidies Could Have Dangerous, Unintended Side Effects

Contributing sentiments towards policy:

59% : Andrea Smiley, a spokeswoman for the University of Phoenix, said the school was "proud of all of our one million graduates, and we employ several student support initiatives, including a tuition price guarantee, academic and career coaches, career services for life, and 24/7 online support, among other efforts."What to Know About Student Loan Debt ReliefCard 1 of 5Many will benefit.
58% : Stacy Cowley, a business reporter, has written extensively about student loans and education finance since 2016.
58% : Ms. Arnold, who lives on the outskirts of Oklahoma City, now earns $16 an hour working in hospitality and owes the government $126,000 in student loans more than a decade after she first enrolled at Phoenix.
57% :Around 45 million people owe the government $1.6 trillion in student loans, with the average balance hovering around $37,670.
50% : More on Student Loan Debt
45% : If you received a Pell Grant and meet these income requirements, you could qualify for an extra $10,000 in debt cancellation.
44% : Now, talking about student loans has become normalized, for better or for worse.
39% : Individuals who are single and earn $125,000 or less will qualify for the $10,000 in debt cancellation.
39% : ReliefA Hard Sell: At the White House and aboard Air Force One, advocates of debt cancellation made a sustained push to win over President Biden.
33% : No Longer a Taboo: Student debt used to be a topic steeped in shame and stigma.

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