Education Finance

Update 796: RNC Platform/Project 2025 Econ Policy: Part 1

Update 796 — RNC Platform/Project 2025:Focus: Financial, Education, Industrial Policy The Republican Party, meeting this week at its convention in Milwaukee, has big policy plans for the American people. The GOP and think tanks supporting it have proposed “a second American Revolution” that will be bloodless “if the left allows it to be.” From mass …

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Update 777: April Jobs Data; Week’s Key Hill Hearing

Update 777 — 175,000 Jobs Added in AprilLabor Market Data; Week’s Key Hill Hearings On Wednesday, Fed Chair Powell made clear that long-elevated interest rates would remain in place, perhaps well into autumn, until either price or labor market data showed a retreat. This morning’s jobs report showing the economy added 175,000 jobs in April …

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Major Student Debt Relief Redux

Update 771  — CPI Hotter Than Expected;March Report Dampens Rate Cut Outlook Following this week’s CPI report for March, observers ranging from President Biden to Fed Governors to market participants agree that the trends in stubbornly elevated prices thus far this year point to a reduced likelihood of a Fed pivot to interest rate cuts …

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FY24’s Bell Lap at Last

Update 765 — FY24’s Bell Lap at LastDOJ vs Apple; Bank Merger Rules; NAR Congress is poised to pass the six remaining appropriations bills for FY24 almost halfway through the current fiscal year. Though disagreements between Speaker Johnson and the White House endangered the package in its final stages of negotiation, Democrats have emerged from …

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Student Debt Cancellation… Cancelled?

Update 695 — Student Debt CancellationWill Congress, SCOTUS Cancel Program? The ongoing Congressional leadership negotiations on the debt limit have vacillated between breakthrough and breakdown this week, without material signs of overall progress. The June 1 X-date is now a week and one day away, and markets are beginning to reflect the deepening anxiety. Corporate …

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Education Finance and Future

Update 641 — An “Incomplete” on Debt ReliefMidterm View: Education Finance and Future In late August, President Biden announced a student debt cancellation of up to $10k of debt and $20k of debt for Pell Grant recipients, a temporary fix to a larger problem — a move hotly-discussed, as subsidizing “elite students” isn’t popular among …

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Biden’s Dollars for Scholars

Update 629 — Biden’s Dollars for ScholarsCancels $10K in Debt; Long-Term in Doubt Within the hour, with the current student loan payment moratorium due to expire on August 31, President Biden announced another extension of the payment moratorium until December 31 and the cancellation of $10,000 of debt per borrower making less than $125,000 annually …

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Decision Ahead on Student Loans

Update 601 —  Degrees of Debt:Decision Ahead on Student Loans The CPI Report for March, released yesterday, showed prices rose by 8.5 percent during the last 12 months. Energy prices moderated markedly during March. Some predict this will represent the high-water mark of an inflation rate that will remain elevated through the fall.  The Biden …

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