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BERKELEY'S NEWS • NOVEMBER 27, 2022

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student loans

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Student debt is a chain around students’ necks, but the rock dragging that chain down is the economic stagnation we face.
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Student debt is a chain around students’ necks, but the rock dragging that chain down is the economic stagnation we face.
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This month, the UC Board of Regents is set to consider both a nonresident tuition increase and a cap on nonresident students, which includes out-of-state, international and undocumented students. Both of these measures will damage the UC’s status as a national and global leader in higher education.
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This month, the UC Board of Regents is set to consider both a nonresident tuition increase and a cap on nonresident students, which includes out-of-state, international and undocumented students. Both of these measures will damage the UC’s status as a national and global leader in higher education.
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President Barack Obama signed a bipartisan bill to reform the federal government's student loan system Friday afternoon, following the expiration of subsidies on some loans July 1 and a resulting month-long legislative battle in Congress.
President Barack Obama signed a bipartisan bill to reform the federal government's student loan system Friday afternoon, following the expiration of subsidies on some loans July 1 and a resulting month-long legislative battle in Congress.
The amount of outstanding student loans is on the rise according to a report released in November by the Federal Reserve Bank of New York.
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The amount of outstanding student loans is on the rise according to a report released in November by the Federal Reserve Bank of New York.
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The findings of the report indicated that student borrowing from private lenders “rapidly grew” from $5 billion in 2001 to $20 billion in 2008, followed by a “precipitous” decline to less than $6 billion in 2011.
The findings of the report indicated that student borrowing from private lenders “rapidly grew” from $5 billion in 2001 to $20 billion in 2008, followed by a “precipitous” decline to less than $6 billion in 2011.