Browsing by Author "Miller, Ben"
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- Addressing the $1.5 Trillion in Federal Student Loan DebtMiller, Ben; Campbell, Colleen; Cohen, Brent J.; Hancock, Charlotte (Center for American Progress, 2019-06-01)This report considers different options for addressing issues for current borrowers of federal student loans. These solutions are meant to be independent of broader loan reforms, such as giving relief to borrowers whose schools took advantage of them. These options also presume keeping and preserving key existing benefits such as Public Service Loan Forgiveness (PSLF). Intentionally, this report does not endorse or recommend a specific policy. Rather, it assesses the benefits and potential considerations around a range of ideas, going from the most aggressive— forgiving all student debt—to more technical changes involving interest rates or repayment plans. By examining the trade-offs and the targeting of each policy, the hope is that policymakers and the public can make the most informed decision when it comes to selecting which policy best supports their goals and values.
- A Better Formula for Higher Education’s Federal Coronavirus FundingMiller, Ben (Center for American Progress, 2020-05-11)At $14 billion, the investment in operating support for higher education institutions from the coronavirus relief bill, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is the largest one-year federal infusion of funds going straight to colleges since the Great Recession.1 That includes $6.2 billion each for institutional support and emergency financial aid for college students; $1 billion for minority-serving institutions; and about $350 million for colleges most affected by the pandemic. This report aims to explore ways of increasing, improving, and accelerating funding for higher education in the next stimulus package.
- The Continued Student Loan Crisis for Black BorrowersMiller, Ben (Center for American Progress, 2019-12-02)In 2017, the U.S. Department of Education released groundbreaking data showing that half of Black or African American borrowers who first entered college in the 2003-04 academic year defaulted on their student loans within 12 years.1 New federal data released this fall show that these numbers have not improved: Black or African American borrowers who started college in 2011-12, almost a decade later, have continued to face high default rates. This report suggests that the crisis among Black borrowers has persisted—even as federal policymakers created a series of loan repayment options to try to help individuals struggling with debt.
- Ensuring Accountability and Effectiveness at the Office of Federal Student AidMiller, Ben; Delisle, Jason D. (American Enterprise Institute, 2019-05-01)As student loans become an increasingly common tool that Americans use to finance higher education, there are significant worries about the management and oversight of the federal financial aid programs. Watch Dogs within the government have raised concerns about a range of issues in the aid program. This report examines whether students are sufficiently protected from low-quality institutions of higher education; whether there is enough accountability around the private companies that service federal student loans on the U.S Department of the Treasury’s behalf; whether the amount of transparency around loan repayment outcomes is sufficient; and how the cost of loan repayment plans is estimated.
- Graduate School Debt: Ideas for Reducing the $37 Billion in Annual Student Loans That No One Is Talking AboutMiller, Ben (Center for American Progress, 2020-01-01)The sustained rise in graduate debt also has substantial equity implications, particularly for Black students. Black students are more likely to borrow in graduate school and have more undergraduate debt than their white peers. This report lays out bold ideas to tackle student debt from graduate studies for programs that range from one-year certificates to doctoral degrees that can take close to a decade to earn. These ideas include enacting price caps, judging programs on a debt-to-earnings rate, and tackling specific credentials by eliminating a year of law school or ensuring that credentials required for teaching or social work are affordable based on what graduates will make.
- United Airlines teams with Lettuce Entertain You to bring food back to longer flightsMiller, Ben (Chicago Business Journal, 2021-09-15)United Airlines has announced that it will work with Chicago restaurant company Lettuce Entertain You to provide meals on some of the airline's flights. United said that flights of four hours duration will have the offerings of several meals from Beatrix Market of Lettuce Entertain You.
- United will require its U.S. employees to be vaccinated, a first for country’s major airlinesMiller, Ben (CNBC, 2021-08-06)United Airlines has mandated for all employees to get vaccinated against the Covid-19 virus. This is a first for the airline industry in the United States. Other American companies have placed similar restrictions and requirements but United is the first to require all employees to get vaccinated or face termination.