Trump’s budget seeks to eliminate one major benefit of federal student loans that costs billions

Trump’s budget seeks to eliminate one major benefit of federal student loans that costs billions

The Trump administration’s first budget proposes ending a program to encourage student-loan borrowers to go into public service by forgiving their debt to save an estimated $27 billion over the next decade. Here’s how the program works: If you take out a federal student loan, you have your loans forgiven after making 10 years of on-time payments and working for an employer the Department of Education deems to be serving the public good. Qualified employers include local, state and federal government agencies and nonprofit organizations. (Private lenders don’t offer this…

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JIHADISTS SAY TRUMP’S TRAVEL BAN GREAT FOR RECRUITMENT

JIHADISTS SAY TRUMP’S TRAVEL BAN GREAT FOR RECRUITMENT

Global groups celebrated US President Donald Trump’s recent ban on travel from seven majority-Muslim nations, The Washington Post reported Sunday. The ban, extremists said, supported their perspective that Islam and the United States are at war. On pro-ISIS social media accounts, jihadists speculated that the ban would convince Muslim Americans to become extremists, hailed Trump as “the best caller to Islam” and predicted that Trump would start a new war in the Middle East. One poster called Trump’s order a “blessed ban,” and compared it to America’s “blessed invasion” of…

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How to keep bears out of schools, explained for Trump’s ed secretary

How to keep bears out of schools, explained for Trump’s ed secretary

If you weren’t watching the Senate Health, Education, Labor, and Pensions Committee’s confirmation hearing for secretary of education nominee Betsy DeVos — and the Trump administration-in-waiting sure hopes you weren’t — you missed one of the more disastrous confirmation hearings in recent memory. [New Republic / Graham Vyse] DeVos flubbed questions that were not supposed to be gotcha questions. Asked where she stood on a basic question in education policy — whether students should be tested for proficiency (hitting benchmarks) or for growth (improvement over time) — she … revealed…

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Here’s what Elizabeth Warren wants to know from Trump’s education pick

Here’s what Elizabeth Warren wants to know from Trump’s education pick

In advance of this week’s confirmation hearing, Sen. Elizabeth Warren (D-Mass.) on Monday sent Betsy DeVos, President-elect Donald Trump’s pick for education secretary, a litany of questions that raise concerns about the billionaire’s qualifications for the job. “The Secretary’s actions can make a real difference in whether or not Americans can get a fair shot in reaching the American Dream,” Warren wrote in the letter to DeVos. “Given that you have virtually no experience with these important responsibilities, your testimony … will be critical to assessing you readiness for the position.” [Democrats…

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Trump’s Plan To Make Student Loans Great Again

Trump’s Plan To Make Student Loans Great Again

If President-elect Donald Trump implements his proposed student loan plan, there may be good news on the horizon for millions of student loan borrowers. On October 13, Trump proposed an income-based repayment plan that allows borrowers to cap their monthly student loan payments based on their income and then have their student loans forgiven after a certain period of time. Under Trump’s plan, if you are a student loan borrower, your monthly student loan payments would be capped at 12.5% of your income. After 15 years of monthly payments, your…

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Trump’s Plan To Make Student Loans Great Again

Trump’s Plan To Make Student Loans Great Again

If President-elect Donald Trump implements his proposed student loan plan, there may be good news on the horizon for millions of student loan borrowers. On October 13, Trump proposed an income-based repayment plan that allows borrowers to cap their monthly student loan payments based on their income and then have their student loans forgiven after a certain period of time. Under Trump’s plan, if you are a student loan borrower, your monthly student loan payments would be capped at 12.5% of your income. After 15 years of monthly payments, your…

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THE DISRUPTIVE CAREER OF MICHAEL FLYNN, TRUMP’S NATIONAL-SECURITY ADVISER

THE DISRUPTIVE CAREER OF MICHAEL FLYNN, TRUMP’S NATIONAL-SECURITY ADVISER

The first time I met Michael Flynn, whom President-elect Donald Trump tapped last week to be his national-security adviser, he was wearing the Army’s weekend uniform—a baggy polo shirt and khaki pants—and swinging his Blackberry around like a cowboy would his revolver. It was the late summer of 2008, at a Washington cocktail party hosted by Flynn’s boss, Admiral Michael Mullen, who was then the chairman of the Joint Chiefs of Staff. Flynn was Mullen’s top intelligence guy. “Look at this!” Flynn said, holding up his phone so that I…

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Trump’s win leaves Obama’s higher education reforms in doubt

Trump’s win leaves Obama’s higher education reforms in doubt

Donald Trump’s defeat of Hillary Clinton in the election places eight years of higher-education reform under President Obama in doubt, raising questions about the direction of policies governing financial aid and for-profit colleges. The Obama administration has enacted sweeping changes to the way the federal government provides and collects student loans, kicking banks out of the lending process and expanding a suite of repayment plans tied to income. Those moves rankled Republicans, as did a set of policies pushing tough employment and student-debt-forgiveness rules aimed at for-profit colleges. Now, advocates fear that there…

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Improving Trump’s Student Loan Plan

Improving Trump’s Student Loan Plan

President-elect Donald Trump’s decisive victory over Hillary Clinton in the early hours of Wednesday morning might herald a new direction for federal higher education policy. Yet Trump’s most fleshed-out proposal doubles down upon the priorities of the Obama administration. To make student loans great again, Trump will need to revise it. Trump’s proposal, laid out in an October speech, would make more generous income-driven repayment plans for student loans. Currently, the Department of Education offers several options for student borrowers to make payments based on their income, which are aggressively…

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