The problem of student loan debt “has been wildly under-covered,” said Scot Ross of One Wisconsin Now, whose group has been very vocal on the issue and opposes the GOP plan for letting interest rates on student loans float.
Americans paying off student loans are, depending on income, 25 to 36 percent less likely to own a home than those who are free of student debt, a One Wisconsin survey of 61,000 people found last month.
It’s no wonder that people who’ve paid off their student loan debt are 36 percent more likely to own homes than those who haven’t, according to new research by the One Wisconsin Now Institute and Progress Now.
One Wisconsin, as part of their continuing student loan debt campaign, has posted an interactive map linking to the student loan debt stories of people across the United States at TrillionDollarDebt.com.
“Student loan debt is well over $1.2 trillion. Student loan debt passes every other consumer debt in the United States with the exception of mortgage debt. And student loan debt increased for people during the great recession,” Ross says.
On average, student loan borrowers take about two decades to repay their debt. Graduates of community colleges take almost as long as their counterparts from four-year schools to repay, according to a...
As Gov. Scott Walker ponders his vetoes to the 2013 state budget, a $30 million tax break with no income limits, worth up to $10,000, for parents already sending their children to private schools should be on the list.
According to a study from One Wisconsin, it will take Wisconsinites on average almost 19 years to pay off their student loan debt from a four-year university, taking away money that could be spent in our local economies.
One Wisconsin Institute today joined U.S. Representative Gwen Moore, students and higher education advocates at an event exposing the disastrous consequences of allowing federal student loan interest rates to double on July 1.
The unprecedented attack on United Council by Gov. Walker's allies reveals a contept for students and their interests that even goes beyond their indifference to the trillion-dollar student loan debt crisis.
It’s graduation time. While that’s supposed to be a joyous time for grads and their families the plain truth is that college grads are coming into a world of uncertainty: debt, lack of jobs, the prospect of no social security. Scot Ross joins the Melissa Harris-Perry panel.
One Wisconsin Now's campaign against the trillion-dollar student loan debt crisis and raising awareness about the devastating effects of it on Wisconsin's students, workers and economy has received a big endorsement.
Gov. Scott Walker appeared this morning at an event to nominate a Wisconsin public high school to represent the state in a national competition recognizing efforts to prepare students for college and careers.