Student loan relief limited for many by US drug war's legacy

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

Many have cheered the White House proposal to provide student loan debt relief to millions of Americans as a significant step toward addressing the nation’s racial wealth gap and other inequities facing borrowers of color. kprc2 click2houston pellgrant

, Black students are four times as likely as white students to struggle in repayment of private loans.

Following the passage of stiffer state and federal penalties for crack cocaine and other drugs, the incarceration rates for Black and Hispanic Americans tripled between 1970 and 2000. By comparison, the white incarceration rate only doubled in that same timespan. In just the five years after the expanded ban took effect, the measure cost more than 140,000 would-be college students between $41 million and $54 million in Pell Grants per year, and between $100 million and $164 million in federal student loans per year, according to an estimate by the federal Government Accountability Office.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

KPRC, following the Democratic narrative as usual.

fakenews ☝🏼

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DAY SEVEN: White House refuses to explain who will pay for Biden's $500B student loan handoutWhite House officials continue to stay quiet about how they plan to pay for President Biden's plan to cancel $10,000 to $20,000 in student debt for millions of Americans. Who paid the billions to soy bean farmers with Drumpf’s trade war? ... well there is this - Just look in the mirror.
Source: FoxNews - 🏆 9. / 87 Read more »