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student-loan-debt  on October 11, 2023


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Borrowed to the Hilt

What an awful time to require more than 40 million Americans to resume repayment of their student loans. After a reprieve of more than three years, the collection apparatus has roared back to life at a time when pandemic-era relief programs, eviction moratoriums and child tax credits among them, have long-since expired, and Americans across the board are struggling to cope with rising prices. The Biden administration has, however, rolled out a new income-driven repayment plan, Saving on a Valuable Education (SAVE), that promises to blunt the pain for some.

The Baffler     Oct 11, 2023