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student debt

800,000 Washington residents owe student-loan money — to the tune of $24B

One of every seven adults in Washington owes money they borrowed to pay for college or career training, and taken all together, those borrowers owe more than $24 billion in student loans.

We Must Cancel Everyone’s Student Debt, for the Economy’s Sake

Late last year, congressional Republicans passed a $1.5 trillion tax cut, which delivered the lion’s share of its benefits to the wealthy and corporations. The GOP did not justify this policy on the grounds that all corporate shareholders and trust-fund hipsters deserved to have their wealth increased. Rather, the party argued that, however one felt about making the rich richer, the tax cuts would ultimately benefit all Americans by increasing economic growth and lowering unemployment.

Want to grow the US economy? Cancel student debt, new report shows

Less than a week after President Donald Trump gave his State of the Union address touting the strength of the American economy under his presidency, the stock market saw one of its worst trading days in recent history, with stocks falling by about 1,175 points.

The best US cities for millennials who have student debt

In the US, college is more expensive than ever before.

Moreso than any other generation, millennials are graduating with crippling student debt that may take their entire lives to pay off. Today, the average American student leaves college with $37,172 in loans, a $20,000 hike from 13 years ago.

After millennials earn their diplomas, they often move to cities that promise ample job opportunities, like New York, San Francisco, Boston, and Seattle.

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"If we don't change direction soon, we'll end up where we're going."
– Irwin "Professor" Corey
“What I would like to do... once I take care of all my kids' student loans, is buy a red 1965 Mustang and fully restore it.”
– Mike Quigley
“This would be a much better world if more married couples were as deeply in love as they are in debt.”
– Earl Wilson
"There is scarcely anything that drags a person down like debt."
– P. T. Barnum
The road to success is always under construction
– Lily Tomlin
"Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans."
– Robert Reich
"Nothing in life is to be feared. It is only to be understood."
– Marie Curie