The trillion dollar student loan debt is not just a crisis for students. It is literally standing between college graduates and their share of the American dream and a more robust economic recovery both nationally and, as shown by our research, in Wisconsin. [Capital Times]
The two-year anniversary of student loan debt hitting $1 trillion in the U.S. ought to be a clarion call to action. If we allow this crisis to continue to grow unchecked it will most certainly become a full-blown economic catastrophe.
It is past time for all of our leaders to lead on addressing student loan debt. They have over one trillion reasons to do so.
Now a freshman at the University at the Wisconsin-Stevens Point, Boggs said he knows that the cost of higher education is a major factor for students. On Tuesday, he took part in a town hall meeting on student debt on the UWSP campus. The meeting was hosted by state Rep. Katrina Shankland, D-Stevens Point, state […] [Stevens Point Journal]
The One Wisconsin survey found that the average monthly loan payment for respondents of all educational attainment — some college but no degree through graduate degree — was $388 a month. The institute also reports that average length of repayment for those with a bachelor’s degree was 18.7 years. “The data is indisputable,” says Ross. “The […] [Capital Times]
The One Wisconsin [Institute] survey found that the average monthly loan payment for respondents of all educational attainment was $388 a month. [Capital Times]
One Wisconsin Now Executive Director Scot Ross railed against Walker for “his stunning lack of leadership” related to the stalled Higher Ed, Lower Debt student loan relief bill.
If Gov. Scott Walker really wants to help Wisconsin families with higher education expenses, he should support reforms on student loan debt instead of grabbing headlines about another tuition freeze at the University of Wisconsin, says progressive advocate Scot Ross. [Capital Times]
The $1.2 trillion student loan debt crisis has drawn wildly divergent responses from two Wisconsin Congressional Representatives, according to One Wisconsin Now.
Wisconsin gubernatorial candidate Mary Burke has included key provisions of the Higher Ed, Lower Debt Act in her “Invest for Success” jobs plan released today.
It seems that Republicans are all for equal access to the franchise, just so long as that voter is a likely Republican.
This morning Senator Elizabeth Warren (D-Mass.) is kicking off “Higher Ed Not Debt,” a new coalition of progressive groups looking to turn the widespread frustration over student debt into a full-fledged political force. In the past few months, various progressive organizations — including One Wisconsin Now — had begun talking about formalizing an effort, leading up to today’s […] [Business Week]
One Wisconsin Institute recently released a report on the economic impact of student loan debt, finding that middle class households with student loan debt are overwhelmingly more likely to rent than to own a home. [Capital Times]
A new national coalition, Higher Ed Not Debt, is bringing advocates and borrowers together in a campaign to restore fairness to a student loan system gone horribly awry.
Scot Ross of One Wisconsin Now has been pointing out for years that as a nation we need to find a way to solve the incredible student loan debt crisis that grips our society. [Capital Times]
The impact of student debt has translated into over $6 billion in losses for automotive sales every year, based on a report by One Wisconsin Institute, an organization involved in fixing the student debt crisis. [Coyote Chronicle]
The average debt per student in Wisconsin is nearly $25,000… That’s the 15th highest rate in the nation, and 67 percent of graduating students in the state will have some form of debt. [Fourth Estate]
Experts and legislators provided testimony to the Assembly Colleges and Universities Committee on Monday in support of Assembly Bill 498, the Higher Ed, Lower Debt Act.
There are hundreds of thousands of borrowers with student debt in Wisconsin. They've done the right thing, working hard to get their education or job training and taking on the personal responsibility.
A standing room only crowd packed the room to share their stories and call for action on the student loan debt crisis at today’s Senate committee hearing on the Higher Ed, Lower Debt Act, Senate Bill 376.
Scot Ross, executive director of One Wisconsin Institute, noted that some steps have been taken to undo the damage of law changes adopted in the mid and late 1990s [Capital Times]
Research from One Wisconsin shows individuals who owe on student loans are less likely to purchase new cars and are more likely to rent instead of buy. [Badger Herald]
An innovative state solution to help tackle the $1.2 trillion student loan debt crisis will take a first step forward toward becoming a reality in Wisconsin with a public hearing before the Senate Committee on Universities and Technical Colleges.
In this case, there is no reason Wisconsinites should not be able to refinance loans. We would much rather see those same residents buying a new car or dining Downtown. [Racine Journal Times]
In his State of the Union speech, President Barack Obama spoke to the need for greater access and affordability in higher education and job training.
On Tuesday, President Obama goes before Congress and the nation to announce his priorities for the upcoming year and give an update on the state of our union.
The state of the finances of nearly 40 million Americans with an estimated $1.2 trillion in student loan debt is in crisis, according to One Wisconsin Now's Executive Director Scot Ross.
A Wisconsin student calls for action on the higher ed debt crisis. HuffPost Live goes on campus to speak with two students fighting for change. [Huffington Post]
If we don't act we risk higher education at a university or job training at a technical college become nothing more than a multi-decade debt sentence instead of the path to the middle class.
According to a report by the One Wisconsin Institute, the impact of student debt translates into over $6 billion in lost automotive sales each year. General Motors is also taking note. [Huffington Post]
Missing from the reported details of the latest tax scheme to be unveiled by Gov. Scott Walker in this evening's “State of the State” address is any help for Wisconsin borrowers caught in the $1.2 trillion student loan debt crisis.
We're incredibly proud to have Analiese on our team. Her efforts on the student loan debt crisis have been key in building a state and national movement to solve the crisis of student loan debt.
The “Higher Ed, Lower Debt” bill would operate under a method similar to refinancing home mortgage loans... One Wisconsin Now has been studying the implications of student loan debt on the Wisconsin economy for the past two years. [Capital Times]
The WISTAX study reveals how students and their families are increasingly being squeezed because of a system in which state support for higher education is being slashed and tuition is skyrocketing.
The results of a new state-by-state survey by the Institute for College Access and Success show Wisconsin has the eighth highest percentage of college graduates with student loan debt in the nation.
Support is growing for a Wisconsin plan to address the harsh burdens of huge student loan debt. Scot Ross, executive director of One Wisconsin Now, said many people are not aware of the magnitude of the problem. [Public News Service]
Greendale Village President and Assembly candidate John Hermes has added his name to the growing list of supporters of the Higher Ed, Lower Debt Act.
One Wisconsin Now Executive Director Scot Ross today called on State Representatives-elect Jessie Rodriguez and Bob Kulp to join 54 soon to be colleagues and publicly support the Higher Ed, Lower Debt Act.
This bill creates a system that allows students to focus on school now, make educated decisions about how they are paying for school, and helps them afford their payments later.
The Eau Claire area is home to thousands of the estimated 753,000 Wisconsinites with federal student loan debt
Students like me are working hard to provide for our future and improve our communities. We aren't asking for a handout, but we are asking for a fair shot.
Our research shows that if you have a student loan debt you're two thirds more likely to be a used car owner as opposed to a new car owner and you're two thirds more likely to be a renter or live with your parents. [WGBA-TV]
Citing crippling student loan debt that prevents young adults from buying cars and homes, three state Democratic lawmakers on Wednesday pushed for creation of a new state authority to refinance student loans. [Milwaukee Journal Sentinel]
The student loan relief bill wouldn't solve all the problems, but it could put Wisconsin at the forefront of recognizing and fighting them. [Capital Times]
What the higher ed, lower debt bill does is it’s going to take charge of that and allow consumers to have more power with their economic decisions. [WISC-TV]
Whether it will gain support among Republicans remains unclear… Ross and his staff have been researching the implications of student loan debt on the Wisconsin economy for the past two years. [Capital Times]
New legislation announced today could bring common sense relief for the family budgets of hundreds of thousands of state students and borrowers.
The nonprofit One Wisconsin Institute, a liberal nonprofit research group, found that the average payoff time for a student loan was 21 years. That’s a long time to wait to buy a home. [Lender Hookup]
State legislators participating in a student debt panel on campus Tuesday said despite holding statewide elected offices, they are still paying off the loans they took out to finance their college education. [Badger Herald]
One Wisconsin Now Executive Director Scot Ross was invited to be a featured speaker at the 12th Annual Fighting Bob Fest, where he addressed the student loan debt crisis to an enthusiastic crowd. [Fighting Bob Fest]