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Inside Higher Ed

Top Higher Ed Debate in 2019? Big Solutions for Borrowers

Top Higher Ed Debate in 2019? Big Solutions for Borrowers

June 18, 2019

Previously relegated to the political fringes, calls for broad student debt cancellation are now being taken seriously -- a sign of how new energy is being devoted to challenges for current student borrowers.
Previously relegated to the political fringes, calls for broad student debt cancellation are now being taken seriously -- a sign of how new energy is being devoted to challenges for current student borrowers.

June 18, 2019

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The Hill

The Student Debt Burden: Congress Is Closer Than You Think to Solving It - Opinion Piece

The Student Debt Burden: Congress Is Closer Than You Think to Solvi...

June 18, 2019

David Klein & Edmund F. Murphy III write: But there’s a problem – this benefit is not tax-advantaged. While 401(k) retirement contributions are tax-advantaged, as are many health and even commuter benefits, student loan repayment benefits are not. The government taxes the student loan contribution as ordinary income for the employee and requires companies to pay the payroll tax on the benefit amount. It’s why only about 4 percent of companies offer this benefit today, even though most companies want to.
David Klein & Edmund F. Murphy III write: But there’s a problem – this benefit is not tax-advantaged. While 401(k) retirement contributions are tax-advantaged, as are many health and even commuter benefits, student loan repayment benefits are not. The government taxes the student loan contribution as ordinary income for the employee and requires companies to pay the payroll tax on the benefit amount. It’s why only about 4 percent of companies offer this benefit today, even though most companies want to.

June 18, 2019

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Diverse

TICAS Report Sheds Light on Student Loan Defaults

TICAS Report Sheds Light on Student Loan Defaults

June 18, 2019

A report from The Institute for College Access and Success (TICAS) finds that, of the nearly seven million borrowers who take out student loans, more than a million Direct Loan borrowers have entered default in just the last 12 months.
A report from The Institute for College Access and Success (TICAS) finds that, of the nearly seven million borrowers who take out student loans, more than a million Direct Loan borrowers have entered default in just the last 12 months.

June 18, 2019

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EurekAlert.org

Gender Pay Gap Shrinking for Some Female University Presidents - Press Release

Gender Pay Gap Shrinking for Some Female University Presidents - Pr...

June 18, 2019

While serious economic and societal issues continue to swirl around the gender pay gap, new research published in the INFORMS journal Organization Science shows one area where this inequality is starting to disappear--higher education. Researchers have found that the gender pay gap disappears at more prestigious universities.
While serious economic and societal issues continue to swirl around the gender pay gap, new research published in the INFORMS journal Organization Science shows one area where this inequality is starting to disappear--higher education. Researchers have found that the gender pay gap disappears at more prestigious universities.

June 18, 2019

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Inside Higher Ed

Colleges Should Cosign Student Loans - Opinion Piece

Colleges Should Cosign Student Loans - Opinion Piece

June 18, 2019

Carlo Salerno writes: New ideas are warranted, and sometimes we miss the simple ones hiding right under our noses. Risk sharing is inevitable, and Congress can use the opportunity to radically alter the way American higher education does business. How? By just requiring colleges and universities that participate in the federal government’s Title IV aid program to cosign the student loans that they expect their students to take out.
Carlo Salerno writes: New ideas are warranted, and sometimes we miss the simple ones hiding right under our noses. Risk sharing is inevitable, and Congress can use the opportunity to radically alter the way American higher education does business. How? By just requiring colleges and universities that participate in the federal government’s Title IV aid program to cosign the student loans that they expect their students to take out.

June 18, 2019

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