By Alexa Spencer Originally appeared in Word in Black As the Black community grapples with the ongoing impact of COVID-19, research shows that the faultiness of pulse oximeters on dark-skinned […]
Homeless in Texas
By Scott Blair Texas has around 26,000 homeless people, and Dallas has the largest homeless population in the state. The worst part is that the numbers are going up. There […]
Fostering A Culture of Connectedness and Mental Health in K-12 Schools and HBCUs
By Adam Powell There’s an old saying, “when White people get a cold, Black people get pneumonia.” Never has this saying been more accurate than when looking at the differing […]
Study Reveals ‘Crisis’ in New Police Training In America
Originally appeared in NNPA By Stacy M. Brown Issued by the Police Executive Research Forum (PERF), the report found that nearly half of the agencies responding to the survey agreed […]
The Teacher Shortage in Texas (What You Need to Know)
By Scott Blair There’s an argument over whether there’s a teacher shortage or not in Texas. However, if you dig deeper into the numbers, evidence points to yes, there is. […]
Op-Ed: Relieving the Burden of Student Loan Debt
In 2021, the U.S. Department of Education announced it was discharging $6 billion in loans to settle a class action lawsuit filed against the agency for its handling of the Borrower Defense Repayment program under the Trump Administration. This program provides debt relief for borrowers defrauded by for-profit institutions like the now defunct Trump University. The Biden Administration’s new rules make it easier for those harmed by predatory marketing and recruiting practices to receive debt relief. As a result, the agency received 60,000 applications in just one week after the announcement compared to only 100,000 applications in all of 2021.
Finally, President Biden made some temporary changes for applicants to the Public Service Loan Forgiveness Program because in 2017, the first year that borrowers could apply for forgiveness only 1 percent were approved. On October 6, 2021, Biden’s Department of Education announced modifications to the program and a time-limited waiver so that more students could be eligible and more realistic repayment plans could be implemented. This includes loan types and payment plans that were not previously eligible.
As a result, over 175,000 borrowers have received over $10 billion in forgiveness due to their work in the public sector in professions including teachers, nurses, social workers, service members in our military, and first responders. The deadline to apply under the
time-limited waiver is October 31, 2022, so if you believe you are eligible, I encourage you to visit https://studentaid.gov/ and search for the Public Service Loan Forgiveness Program.
These actions by President Biden will help narrow the racial wealth gap. Over 50% of Black borrowers report their net worth is less than they owe in student loan debt. Also, Black students are more likely to borrow, and borrow larger amounts, relative to other racial or ethnic subgroups. Black college graduates owe an average $25,000 more in student loan debt than white college graduates. Four years after graduation, 48% of Black borrowers owe an average of 12.5% more than they borrowed.
By providing relief from this disproportionate and crushing debt, we are giving the next generation the opportunity to pursue the American dream and provide a life for themselves and their families that they have earned through hard work and the pursuit of a higher education.
We have all heard the saying that a rising tide lifts all boats. I believe that these efforts by the Biden Administration not only help to lift boats, they also put wind in their sails to help move us closer to the promise of “a more perfect Union.”
The Effect of School Shootings on Youth Populations
By Brahmani Tirumalaraju School shootings in the United States have rapidly increased and remain at an all time high from the past few decades. The impact of gun violence in […]
America’s Teens in Crisis: Mental Health Disorders Now Biggest Concern
“The mental health of Black American youth “was in crisis long before COVID-19 devastated the world, but no national public health crisis was called.” By Stacy M. Brown NNPA Newswire […]
Federal Regulators Approve Pfizer Vaccine for Children; Ages 5 to 11 Immediately Eligible for Shots
Children ages 5 to 11 can now receive vaccination against COVID-19. On Tuesday, November 2, Centers for Disease Control and Prevention (CDC) Director Rochelle Walensky signed off on a recommendation […]
Texas Sues the Biden Administration over Federal COVID-19 Vaccine Mandates
Attorney General Ken Paxton, on behalf of the state, sued the Biden administration on Friday over its coronavirus vaccine mandate for federal contractors. The federal requirement, which is set to take […]