The country’s new prime minister, Andy Burnham, has promised a break from the politics of the last 40 years—realizing more broadly that Labour must stand up for the 99% against big business, or the party will become irrelevant.
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DeVos’s Education Budget Throws Students to the Loan Sharks
Slashing $10.6 billion from federal education funding, the new budget plan includes $500 million to invest in charter schools, $250 million in voucher program expansion funding, and $1 billion to “push public schools to adopt choice-friendly policies.”
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On Navient Misconduct, Student Debt Activists Stay Silent—For Now
The nation’s largest student loan company, Navient, handles over $300 billion in federal and private loans – though recent details emerged showing the company misled student borrowers while approving subprime loans that defaulted at rates up to 92%.
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Occupy Group Strike Debt Buys and Abolishes $4 Million in Everest College Student Loans
The Rolling Jubilee group that grew out of Occupy Wall Street has purchased and eliminated a portfolio of private student loans worth millions at Corinthian Colleges in California.
