President Donald Trump’s nearly 900-page piece of legislation that he calls his “big, beautiful bill” will likely have major ramifications for Black Americans and other marginalized communities. Trump signed the bill last Friday, after Republicans muscled it through Congress. The president had given his allies on Capitol Hill the arbitrary deadline of July 4 to […]
student loan debt
What Trump’s Second Term Could Look Like for Black Americans
The dread many Black Americans feel about Donald Trump’s triumph in the 2024 presidential election isn’t misplaced: He organized his reelection campaign against Vice President Kamala Harris around revenge — around how he and his allies can inflict the greatest amount of suffering on vulnerable groups and on those he considers enemies. Making things worse, […]
‘Project 2025’ and the Movement That Could Erode Black Equality
Reporting from Axios this month revealed that one of the main goals of a second Trump administration would be to redirect the federal government’s focus to what the former president and his supporters believe is the problem afflicting our country: “anti-white racism.” In particular, they would seek to erode 1960s-era policies that have nourished economic […]
How ‘Bidenomics’ May Not Be Adding Up for Some Black Americans
Tyler McFadden hoped a college degree would help her land a well-paying career in politics, but the 31-year-old didn’t expect it would come with hefty debt, poor credit, job instability, and anxiety, she says. After earning a bachelor’s degree in American Studies from George Washington University in 2014, McFadden became a bartender. With limited income, […]
Your Employer Can Now Match Your Student Loan Repayments as 401(k) Contributions
Originally published by The 19th Starting this year, employers can match employees’ student loan repayments as 401(k) contributions, a policy that experts say can be a “game changer” for Black women, who have the highest student loan debt on average. When someone makes a student loan payment, their employer can contribute that same amount of […]
Student Loan Forgiveness Is On Hold. What’s Next for Black Borrowers?
A Texas judge this month halted President Joe Biden’s landmark student loan relief plan, which aims to forgive up to $20,000 in debt for tens of millions of borrowers. Now, the U.S. Department of Justice is asking the U.S. Supreme Court to reverse the judge’s ruling and allow Biden’s debt forgiveness program to move forward. […]
