On Student Debt

Excerpt from LinkedIn Daily Rundown published on August 25, 2018

Cost of educationStudent debt burdens in the U.S. have blown past $1.5 trillion, even though the amounts borrowed have been falling for the past decade. Students are increasingly struggling to make repayments. And relief programs are simply stretching the amount of time borrowers have to make payments rather than easing the burden. According to a report by S&P Global, aggregated debt has grown by $500 billion since the 2010-2011 academic year. The typical student borrower takes out $6,600 a year, averaging $22,000 by graduation, according to the National Center for Education Statistics. • Here’s what people are saying.

Note that NTEU proposed a new article for the CBA to establish student loan repayment program at HHS. We believe this will help FDA and HHS attract and retain good candidates to work for the agency and the American people. HHS rejected this new article without discussion or bargaining in good faith.

Author: chapterpresident

I have worked in the FDA since 1990 in a variety of positions. I currently serve as chapter president of NTEU Chapter 254, representing FDA employees in Arkansas, Colorado, Iowa, Kansas, Missouri, Nebraska, New Mexico, Oklahoma, Texas, and Utah.