Households may be paying a “Trump Chaos Tax” of as much as $210 per month in added interest—and the President needs someone to blame.
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As President Trump’s economic policies cater to billionaires and big corporations at the expense of American families, top economic policymakers and Protect Borrowers’ advisory board members weigh in on the fight ahead and the stakes for working people.
As President Trump’s economic policies cater to billionaires and big corporations at the expense of working people, top right-wing public figures are doing damage control— sounding alarms and demanding action to address the rising strain debt poses in families’ financial lives.
Despite evidence showing that TRAPs and non-competes are on the rise across the economy, federal agencies are enabling employers to use these abusive practices.
President Trump signed the “One Big Terrible Bill” into law, making over $300 billion cuts to critical higher ed and financial aid programs, raising costs and making the system harder to navigate. This blog helps answer some questions students and borrowers are asking right now.
ED held a Neg Reg session to codify Trump’s March executive order calling on ED to limit PSLF eligibility for public service workers employed at organizations or state/local governments doing work that conflicts with the Administration’s right-wing agenda. Amy Czulada was in the room—read her firsthand account.
Since the beginning of the second Trump Administration, the EdTech industry has been conspicuously silent as its college and university clients face escalating financial and ideological attacks. One reason for this deafening silence could be the industry’s anticipation of supercharged access to federal education funds now that the Republican-controlled Congress has passed its massive budget reconciliation bill.
Trump’s promise to lower costs for working people is a lie. In fact, President Trump and his allies are taking nearly $20 billion owed to families and giving it back to Wall Street, Big Tech, and corporate scammers.
Congress’s plan to dramatically shrink the federal student loan program will force students to seek expensive, high-risk private student loans—benefiting companies with troubling records of consumer abuses.
Read quotes from borrowers across the country on the need for affordable student debt payments and relief.