Education Secretary-designate Betsy DeVos testifies on Capitol Hill in Washington, Tuesday, Jan. 17, 2017, at her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee. (AP/Carolyn Kaster)

Betsy DeVos Sued Over Rule Banning Students From Suing Higher Ed Institutions

“Since day one, Secretary DeVos has sided with for-profit school executives against students and families drowning in unaffordable student loans,”

by Barbara Leonard

Fannie Mae Introduces New Rules To Allow Student-Debt-Laden Millennials To Buy A Home

Fannie Mae released new rules allowing millennial borrowers to, among other things, simply exclude student loans, credit cards and auto loans that are “paid by someone else.

Fannie Mae Introduces New Rules To Allow Student-Debt-Laden Millennials To Buy A Home

So what do you do when a massive student loan bubble results in crippling leverage for an entire generation of your population rendering them financially unqualified to obtain mortgage financing and their 'God-given right' to a slice of the 'American Dream'?  Well, you simply change the rules to allow mortgage lenders to ignore all that pesky

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Federal Government Finally Forgives Billions In Debt Of Students Who’ve Become Disabled

The move comes after a ProPublica investigation that documented how the government was making it hard for disabled borrowers to get their loans forgiven.

Federal Government Finally Forgives Billions In Debt Of Students Who’ve Become Disabled

The federal Department of Education said on Tuesday it would offer to write off $7.7 billion of student debt owed by disabled individuals, taking a big step to streamline a loan forgiveness program long plagued by

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Fully Armed US Marshals Detain Man Over $1,500 Student Loan

A Houston man says he was arrested at his home last week for a $1500 federal student loan he received in 1987.

Fully Armed US Marshals Detain Man Over $1,500 Student Loan

Some of the only 94 U.S. Marshals, who are appointed by the president, have a new job which entails going after those who have not paid their federal student loans even if they only owe as little as $1,500, local news reported Tuesday. In a news report by Fox 26 TV channel in Houston, 29-year old Paul Aker said that seven federal officers from

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Student Protesters Nationwide Demand Free Higher Education, No Student Debt

“Education should be free. The United States is the richest country in the world, yet students have to take on crippling debt in order to get a college education.”

Student Protesters Nationwide Demand Free Higher Education, No Student Debt

Students held rallies on college campuses across the United States on Thursday to protest ballooning student loan debt for higher education and rally for tuition-free public colleges and a minimum wage hike for campus workers. The demonstrations were planned just two days after thousands of fast-food workers took to the streets in a nationwide

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Obama Administration Rakes In Billions Off Student Debt

‘The student loan program isn’t about helping students or borrowers—it’s about making profits for the federal government.’

Critics blasted the U.S. Department of Education for profiting off the backs of struggling students after a new projection by the Congressional Budget Office revealed Monday that the federal agency is set to make $127 billion from loan interest

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Senate Deal May Provide Students Relief On College Debt

On Wednesday, the Senate took steps to retroactively reduce the interest rate charged on subsidized Stafford student loans.

Senate Deal May Provide Students Relief On College Debt

On Wednesday, the Senate took steps to retroactively reduce the interest rate charged on subsidized Stafford student loans and to change the way the rate is determined in the future. Senate Majority Leader Harry Reid (D-Nev.) has indicated that a vote on the resolution could come as early as Thursday, although a vote next week is more

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Frederick Reese

Frederick Reese

Frederick Reese is lead staff writer for Mint Press specializing in race, poverty, congressional oversight and technology. An award winning data journalist and creative writer for over 15 years, Frederick has written about and worked for social advocacy projects and personal awareness efforts. Frederick is a jack-of-all-trades, with work experience as a teacher, a pastry chef and a story writer. Frederick has publication credits with Yahoo!, B. Couleur, and more. A native New Yorker, Frederick graduated from Colgate University in 1999 and Johnson & Wales University in 2003. Frederick started his journalistic career writing for his university’s newspaper, “The Colgate Maroon-News,” before starting and heading his own magazine, “The Idealist.” Most recently, Frederick received a data journalism award from the International Center for Journalists for his minimum wage coverage for MintPress. Follow Frederick on Twitter: @frederickreese

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