The report identified other problems as barriers to student - degree completion, such
as rising student debt and financial need.
As policymakers begin work on a major overhaul to the federal tax code, which could include eliminating or changing the deduction, and amid widespread concern about
rising student debt levels, leaders should bear in mind that altering the provision would have implications for higher education and tax policy across levels of government.
National Union of Students president Aaron Porter appears sceptical of the plans, believing that the proposal will have very little impact
on rising student debt.
For the economy as a whole, this means that
rising student debt loads — which should, in theory, be a positive sign of a more educated workforce — may be a short - term hindrance to the housing recovery.
United States Sen. Chuck Schumer (D - N.Y.) visited Syracuse University on Monday afternoon to discuss a bill that
tackles rising student debt.
Rising student debt burdens may prove to be one of the more painful aftershocks of the Great Recession, especially if left unaddressed.
But
exponentially rising student debt may have consequences reaching even into seniority, as millennials are reportedly frequently making the choice between paying off their loans or investing in their retirement.
Further economic growth in veterinary medicine is necessary to alleviate crippling issues, including repayment of
rising student debt for both veterinarians and VTs, that deter qualified individuals from entering or staying in a career in veterinary medicine.
But a recent story in the Star related
how rising student debt compells many new graduates to flock to large law firms to pay off student loans.
The Northern Virginia Association of Realtors ® (NVAR) urges Congress and the Virginia General Assembly to develop creative solutions, including authority to refinance student loan debt, to mitigate the impact
of rising student debt on home buyers and to protect the dream of home ownership for all Americans.
Many have
blamed rising student debt, and our research suggests that many college - educated millennials with student loans will be forced to delay homeownership, especially if they live in pricey cities on the West Coast.
In other words,
rising student debt levels aren't just the result of a cost shift from the public to the individual family, but within the household from the family to the individual student.
You've probably heard dour statistics about rising tuition costs and
rising student debt, which has exploded to more than $ 1.2 trillion.9 At the same time, there has been a decline in the number of pre-retirees saving for retirement — at least according to our RISE surveys over the past two years.
Savage benefit cuts, the housing crisis, cuts to youth services and
rising student debts are punishing young working class people.
Rising student debt is an issue that should concern all of us.
Our Project on Student Debt has built awareness of
rising student debt and its implications for families, the economy, and society.
Suzanne Mettler's Degrees of Inequality argues that
rising student debt, particularly from for - profit colleges, is undermining education's ability to create social mobility.
It is clear that a weak labor market and
rising student debt are putting the squeeze on young people.
In spite of
rising student debt, it has been younger households who have been in the vanguard of reducing debt in the aftermath of the Great Recession (Fry, 2013).
Stefanie describes the perfect storm of
rising student debt and cost of living, declining earnings, and a reliance on an unstable gig economy: