#CancelStudentDebt has been a hashtag that has made its way around social media. It brings with it a great deal of division and passion. Some feel it is too much, some not enough. On August 24th, President Biden and Secretary Cardona announced a three part plan to help struggling students and their families, with $10,000 loan forgiveness to those earning under $125,000 a year and $20,000 to those who were PELL eligible while enrolled in College. Previously, the US DOE Has been pushing the Public Service Loan Forgiveness Program (PLSF) which, as of August 21 of this year has approved more than $10 billion in debt relief for over 175,000 borrowers in 10 months - a stark difference from previous years where PSLF loan forgiveness was stalled and borrowers were disappointed. In this latest episode of “Office Hours with Dr. De Veau” we discussed the personal impact of the PSLF program with two actual borrowers - and Higher Education professionals. We also dipped into the latest news from DC and how it will hit campus. Guests: Doug Cooper, UMass Lowell & Keith D. Garcia, Northwestern University
SHOW NOTES:
Biden’s Student Loan Forgiveness Executive Order
Professional Development in your Earbuds! News and Views on US Higher Education hosted by Dr. Laura De Veau, higher education strategist and thought leader. Broadcast and recorded weekly on Fireside Live Audio Platform. Download the App now on your iOS devices!
Mark Your Calendars and RSVP for these Upcoming Broadcasts:
Tuesday, September 6 at 12:00 Noon Eastern - The THINK TANK Returns with a look at top issues going into the 2022-23 academic year! This month's topics include: Abortion and reproductive health access in the wake of the Dobbs decision; the return of student engagement and we continue our discussion of student loan forgiveness.
Tuesday, September 20 at 2:00 PM Eastern - USDOE Completion Grants: the USDOE has announced a $5 million grant program to support the College Completion Fund for post-secondary success. The program targets HBCUs, Tribal Colleges, and Minority Serving Institutions to invest in data driven reforms that will improve completion rates. On this episode we will be joined by Dr. Catherine Brown from the National College attainment Network to discuss the program and the opportunities for institutions seeking grant funds.
Tuesday, September 27 at 12:00 Noon Eastern - MidTerm Elections & Campus Voting: “Young People don’t vote” is a cry heard for far too long. But is it accurate? And if so, are voter registration laws working against mobilizing young voters who want to go to the polls? Experts from leading civic engagement & voting organizations, Civic Nation and Campus Voter Project will join us to discuss this timely topic.
Office Hours Replay: Student Loan Forgiveness: Pandering or Life Changing?