The Secretary of Education’s legal authority to grant across-the-board loan forgiveness is unclear.
Scholars propose modifying the U.S. student loan system to remedy a debt crisis.
Scholar proposes ways to ease the burden on courts and create fair outcomes for consumers with expired debts.
Treasury Department could take action to eliminate taxation of student loan forgiveness.
The Department only seems to use its compromise power in a very narrow set of cases, but there are signs that the zeitgeist may be shifting.
New regulations governing student debt leave too much power concentrated with Education officials.
Reluctance by Education officials to exercise their debt cancellation powers unfairly punishes students.
Federal officials should reorient themselves around students’ best interests instead of departmental budgets.
Despite the breadth of the Department of Educations’s debt-cancellation powers, it has failed to employ its powers to their fullest extent.
Consumer protection agency takes first steps to reform payday loan market.
Federal Reserve Chair’s speech lays factual foundation for policy deliberation.