The student debt burden and its impact on racial justice, borrowers, and the economy – Brookings Institution

Chair Warren, Ranking Member Kennedy, and Members of the Committee, thank you for the opportunity to testify today. Federal student loans impose a crushing burden on many borrowers, particularly those who enroll in programs where most students dont finish, programs where most graduates are unable to find a job, or programs where debts incurred are…

G20 must work harder on debt relief for poorer countries – Save The Children Australia

Save the Children welcomes the G20s efforts to respond to the economic crisis caused by the COVID-19 pandemic, including vital support for the worlds poorest countries. However, with 35 low-and-middle-income countries continuing to spend more on debt payments than on healthcare for their people, the organisation remains extremely concerned about the lack of debt relief…