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The Saker
A bird's eye view of the vineyard

offsite link Thousands Turkish Proxy Fighters Flood Into Libya Amid Berlin Peace Talks Mon Jan 20, 2020 20:29 | Scott
https://southfront.org/thou... Turkey is increasing its military involvement in the Libyan conflict. After officially sending its military advisers and officers to support the Tripoli-based Government of National Accord (GNA), Turkey set

offsite link Moveable Feast Cafe 2020/01/20 ? Open Thread Mon Jan 20, 2020 14:00 | Herb Swanson
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offsite link The Roots of American Demonization of Shi?a Islam Sun Jan 19, 2020 23:01 | amarynth
By Pepe Escobar with permission and crossposted with The Unz Review   The US targeted assassination, via drone strike, of Maj. Gen. Qassem Soleimani, apart from a torrent of crucial

offsite link ?Death to the Islamic Republic? they chant now- and they call themselves Iranians Sat Jan 18, 2020 09:39 | amarynth
By Aram Mirzaei for The Saker Blog Nobody has escaped the news of the so called “popular demonstrations” in Iran during the recent days. Hundreds of thousands of articles, updates

offsite link Are France?s unions even trying to win the General Strike? Sat Jan 18, 2020 09:32 | amarynth
by Ramin Mazaheri and crossposted with PressTV (Ramin Mazaheri is the chief correspondent in Paris for Press TV and has lived in France since 2009. He has been a daily newspaper

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Human Rights in Ireland
A Blog About Human Rights

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Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

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offsite link Irish Left Archive: Materials relating to the Campaign Against Refuse Charges/Anti-Bin Tax Campaign ... 06:33 Mon Jan 20, 2020 | irishonlineleftarchive

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Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

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Dublin Opinion >>

Ballooning Student Debt Debated by Presidential Hopefuls

category international | miscellaneous | press release author Friday July 05, 2019 15:44author by Kate Zeller - Jubilee USA Network Report this post to the editors

Republicans and Democrats Propose Student Loan Relief Solutions

Republicans and Democrats Propose Student Loan Relief Solutions

Washington DC - American student loan debt topped $1.6 trillion dollars this year, surpassing credit card and auto loan debt combined. More than 45 million people hold student debt, owing an average of $35,000. 20% of current borrowers are behind in student loan payments and the Brookings Institution released data that 40% of student borrowers will default by 2023.

Presidential candidates, Senators Bernie Sanders (I-VT) and Elizabeth Warren (D-MA) proposed student debt relief plans. The Sanders plan seeks to eliminate all student debt while the Warren plan offers substantial relief on a sliding income scale.

“Student debt is a cause of inequality and a challenge for our economic growth,” stated Eric LeCompte, Executive Director of the religious debt watchdog group Jubilee USA Network. “Americans need student loan relief and we also need solutions for the root causes of high student debt. We need to reign in for-profit colleges and schools that have low retention rates. Student borrowers should be able to access bankruptcy protection and we need to address the high costs of university education.”

The Trump Administration suggests there should be caps on student lending that, the White House argues, would drive the cost of college tuition down and ensure responsible lending and borrowing. In the last Congress, Representative Virginia Foxx (R-NC) sponsored the Prosper Act to stop student loans from accruing interest while students are still taking classes. Foxx's legislation would also eliminate or lower other types of federal aid or student loan relief.

"When students graduate with high debts, they don't buy homes and invest in our economy. Student debt is affecting our entire economy and we can not afford to leave this problem unaddressed," noted LeCompte. 

Related Link: http://www.jubileeusa.org
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