Economy Education

U.S. Education Department Cancels $5.8 Billion in Student Loans for Borrowers with Permanent Disabilities

On Thursday, the Education Department announced that over 323,000 borrowers who have permanent disabilities will automatically receive federal student loan forgiveness, amounting to a total of $5.8 billion in canceled student loan debt. The federal student loan forgiveness process for borrowers who cannot work due to permanent disabilities will now be automated. Borrowers declared permanently […]

Economy On the Hill

Trump’s New Budget Cuts Benefits for the Most Vulnerable

President Trump released a $44.8 trillion budget on Monday which includes deep cuts to student loan assistance, affordable housing, food stamps, and Medicaid. It does however include an increase in spending for the military, national defense, border enforcement, individual income tax cuts, and even allocates money for the “Space Force” initiative. The budget plans recommends […]