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Biden administration tries again to relieve student debt

Cary Coglianese of Penn Carey Law says that federal judges could still strike down President Biden’s new student loan forgiveness plan on grounds that the White House is acting outside its authority.

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Business Insider

A boomer with $50,000 in student loans voted for Trump in the last election. But with Biden’s new repayment plan blocked, she’s considering supporting a Democratic ticket

An estimate from the Wharton School found that the SAVE plan for student loan repayment could cost $475 billion over 10 years.

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Economic Times

Brands like Burger King and Coke use scholarships to capture Gen Z’s attention

Cait Lamberton of the Wharton School says that consumers increasingly expect corporations to pick up pieces of the student debt crisis where other social services are failing.

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Scripps News

Income program helps those formerly incarcerated stay out of prison

Next year Penn will release its findings on a guaranteed income program designed for the formerly incarcerated in Gainesville, Florida.

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Barron’s

Philanthropy is changing as individual donations decline

According to a Penn study, individual donations fell about 4.5 % during the pandemic, but the average amount of each gift surged more than 200%.

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Harrisburg Patriot-News

250K in Pa. signed up for Biden administration’s student loan relief plan

A 2022 report from Penn estimated that student loan forgiveness could cost the federal government around $1 trillion.

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