Discover and read the best of Twitter Threads about #StudentDebtCrisis

Most recents (7)

Did you know that the US currently has $1.75 Trillion of Student Loan Debt!!

That is like ₹13,42,49,50,00,00,000.02 or simply put around ₹1.3 crore crores.
#studentloans #StudentDebtCrisis
This figure beats the GDP of Canada and would rank 10th in the world if compared in terms of the GDP size of different nations. This figure is significant because it accounts for 64% of our country's GDP!!
Coming to India, our country presently has a Student Loan Debt of ₹84,965 crores, or we can say around $11.08 Billion.

Compared to other countries, this seems very less. But it is indeed one prominent subject to ponder upon!
Read 20 tweets
Arguing that 1) legal case is settled that #ExecutiveBranch has right to forgive student debt.
2) need is urgent: 89% of debtors will be in financial insecurity if required payments resume.
@SenWarren makes the point that $50k forgiven would release 36m citizens completely from debt.
Read 18 tweets
STATEMENT: #Studentloan reform advocates hopeful as Education Secretary Betsy DeVos set to be replaced by Miguel Cardona @teachcardona.…
We join our supporters in taking a collective sigh of relief knowing that @BetsyDeVosED will no longer head @usedgov. Student loan advocates are optimistic that @JoeBiden’s nominee, @teachcardona, will be a stronger champion for 45 million Americans carrying #studentdebt.
@Usedgov faces major challenges in the months ahead, but we cannot ignore the #studentdebtcrisis for a second longer. We expect @teachcardona to immediately work to enact broad-based student debt cancellation.
Read 9 tweets
This is the #DemPartyPlatform for 2020. This part is called: Providing Borrowers Relief from Crushing Student Debt
Only one party understands that the burden of our student debt crisis ($1.6 trillion) is preventing our young people from a productive present & a secure future.1/16
Student debt is holding millions of Americans back. The COVID-19 pandemic and President Trump’s recession are making it harder for those with student loans to make ends meet right now. 2/16 #DemPartyPlatform #StudentDebtCrisis
#Democrats will work to authorize up to $10,000 in student debt relief per borrower to help families weather this crisis.3/16 #DemPartyPlatform #StudentDebtCrisis
Read 16 tweets
@ReverendWarnock asks what’s so wrong with a little peace, love and understanding? He wants to bring his message and his mission to make #GA and the United States, the place they could be...the place democracy shines like no other. Consider working with him..#SenateRunoff
@ossoff Jon Ossoff believes that we are a stronger as a country when we work together to solve our problems such as #COVID19 #healthcare #climatechange #immigrationreform #Racism #infrastructure #StudentDebtCrisis We’ve got to roll up our sleeves and help him! #SenateRunoff
“Loeffler, a former asset management executive, may well now have joined the "frenzy" of Wall Street money managers who leapt at a loophole in President Trump's 2017 tax bill that turns private jets into flying tax shelters.” #SenateRunoff #VoteRevRaphaelWARNOCK
Read 17 tweets
Mary Jennings Hegar (MJ) is an American politician, United States Air Force veteran, and teacher. In 2017, she published the memoir “Shoot Like a Girl” which describes her service in Afghanistan.She also sued the U.S. Air Force to remove the Combat Exclusion Policy. #TXsen
“We must create a public option to make Medicare available for all those who want it. The best health care I’ve ever had was when I was on military-provided Tricare, similar to Medicare, and I believe that kind of high-quality care should be made available to all Americans.” 2/20
“I will oppose any effort to privatize, dismantle or undercut #Medicare, including raising the eligibility age.” ~ MJ Hegar, candidate for #TXsenate 3/20
Read 20 tweets
We are clipping videos from today's hearing on the $1.5 Trillion #StudentDebtCrisis. Find them in this thread, starting with this unexpected question about @CongBillPosey's view on @TaylorSwift13.
@congbillposey @taylorswift13 .@RepPerlmutter asks Seth Frotman, formerly of the @CFPB and now at @theSBPC, about the impact of student debt on housing, borrowers of color, wealth building. #HassleForATassle
@congbillposey @taylorswift13 @RepPerlmutter @CFPB @theSBPC "@Navient is like the Comcast of student loan servicing"

--@hasanminhaj to @RepPerlmutter on the abuses of student loan servicers.
Read 22 tweets

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