Connect with us

International

Students in America Lament Loan Burden

Published

on

109 Views

Americans are currently lamenting about the student loan burden which some students are kicking against.

If the United States Supreme Court had not overruled President Joe Biden’s programme to cancel billions of dollars in student debt, Satra D. Taylor, who borrowed $40,000 to complete her studies, could have seen that amount reduced by half.

Now the 27-year-old – who used the loan to study at the University of Michigan, supplementing a scholarship and other financial aid – is back on the hook for the whole sum.

“We created this unjust, inequitable, expensive, higher education system and so we need to redress it,” she told AFP, standing before the high court.

Biden’s forgiveness programme was meant to lift more than $400 billion in student debt weighing down the lives of millions of lower and middle-income Americans.

Certain borrowers would have been eligible to receive $20,000 in cancellations, while the vast majority were eligible for $10,000.

But the court overruled the programme Friday, stating that given the large sum, the president had overstepped his powers.

“Any American who wants to pursue higher education should be able to do so,” Taylor said.

“We have students now who have not acquired the generational wealth to pay for their cost of college, it needs to be debt-free,” added Taylor, who works for the youth advocacy group Young Invincibles.

Taylor said she was not surprised given the Supreme Court’s conservative majority, which on Thursday banned the use of affirmative action in university admission policies.

Taylor, who is African American, said the loan forgiveness decision was a setback for Black and Latino students who “would have disproportionately benefitted from this relief.”

“This is absolutely not only a social justice issue, but also a racial equity issue.”
– ‘Future generations’ –
Mina Schultz, 37, who borrowed approximately $65,000 for her studies, emphasized the impact student debt has on the entire economy.

When the pandemic hit and student loan repayments were frozen, it was “a blessing,” she told AFP from outside the Supreme Court.

People were “able to contribute more to the economy” by spending money elsewhere, whether on food as prices surged due to inflation or on things like rent, the George Washington University graduate said.

Schultz would have benefited from $10,000 in debt cancellation, which “would have been really helpful.”

That sort of money “is a huge deal to a lot of people,” said Schultz, who will be forking over some $340 per month when payments resume in several months.

Enjoying a seemingly debt-free life during the repayment pause, she was able to move out of her studio apartment and into a one-bedroom unit.

Nearby, Shanna Hayes, 34, could not contain her emotion as she spoke before several cameras: Her debt, originally $130,000, now exceeds $150,000 due to compounding interest that has accrued over the past 11 years.

“I ask you to remember that the student debt crisis impacts our grandparents, parents… children and future generations,” she told the reporters.

AFP

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

International

Nestle shareholders wants chairman Paul Bulcke to step down

Mr Freixe’s removal came a year after predecessor Mark Schneider suddenly departed and 2½ months after Mr Bulcke said he would step down in 2026.

Published

on

By

36 Views

PHOTO: AFP

Nestle investors have called for chairman Paul Bulcke to step down over the departure of a second chief executive in just over a year.

The Financial Times (FT) reported that shareholders are concerned about the manner the former chief executive Laurent Freixe and the way investigations into his conduct were handled exacerbated their concerns over governance at Nestle and led them to question Mr Bulcke’s decision-making.

“I don’t think Mr Bulcke will move on before April but he should have left when Mr Mark Schneider was forced out,” Mr Alexandre Stucki, founder of AS Investment Management, which represents founding family investors in Nestle,” said.

The Swiss food giant abruptly dismissed Mr Freixe at the beginning of September for failing to disclose a romantic relationship with a subordinate.

Mr Freixe’s removal came a year after predecessor Mark Schneider suddenly departed and 2½ months after Mr Bulcke said he would step down in 2026.

Continue Reading

Crime

JUST IN: FBI Releases Video of Charlie Kirk Shooter, Recovers Weapons Nearby (Photos)

Published

on

54 Views

The FBI’s Salt Lake City Field Office on Friday released video footage of the man suspected of fatally shooting conservative activist Charlie Kirk fleeing a rooftop after the incident on September 10, 2025.

The bureau, in a statement accompanied by the video link shared on X on Friday, noted that the video shows the shooter climbing onto a rooftop shortly before the attack and then jumping off and fleeing the scene after firing the fatal shots.

Investigators also reportedly found the weapon and ammunition used in the shooting in a wooded area near the university.

The agency wrote, “The FBI has released a video and more photos of the shooter in the Utah Valley shooting. The subject is seen jumping from the rooftop of a building after the shooting.

Person of interest in Charlie Kirk's murder case
FBI releases new photos of person of interest in Charlie Kirk’s murder case.
Person of interest in Charlie Kirk's murder case
FBI releases new photos of person of interest in Charlie Kirk’s murder case.

“Around 12 pm Mountain Time on September 10, 2025, the subject climbed up to a rooftop; after he shot and killed Charlie Kirk, he jumped off and ran away. He left a gun and ammunition in a wooded area near the university.

“Trace evidence collected from the rooftop scene included shoe impressions, a forearm imprint, and a palm print. Anyone with information in this case should call the FBI at 1-800-CALL-FBI or visit fbi.gov/utahvalleyshooting.”

Person of interest in Charlie Kirk's murder case
FBI releases new photos of person of interest in Charlie Kirk’s murder case.
Person of interest in Charlie Kirk's murder case
FBI releases new photos of person of interest in Charlie Kirk’s murder case.

The bureau added that it is working closely with law enforcement partners to seek justice in the murder of Charlie Kirk.

Credit: X| FBISaltLakeCity

Continue Reading

International

Burkina Faso Grants Visa-Free Entry to All African Nationals

Published

on

53 Views

Burkina Faso’s military government has eliminated visa fees for all African nationals, aiming to strengthen Pan-African ties and promote regional integration.

The announcement was made Thursday by Security Minister Mahamadou Sana following a cabinet meeting led by junta leader Captain Ibrahim Traoré.

“From now on, any citizen from an African country wishing to go to Burkina Faso will not pay any amount to cover visa fees,” Sana said. However, visitors must still complete an online application, subject to approval.

The move aligns Burkina Faso with other African nations like Ghana, Rwanda, and Kenya, which support the African Union’s free movement agenda.

While West African nationals had already enjoyed visa-free access under ECOWAS, the new policy extends this to all Africans—months after Burkina Faso, Mali, and Niger exited the bloc, accusing it of advancing Western interests.

Officials say the visa waiver reflects Burkina Faso’s Pan-Africanist vision and is expected to boost tourism, cultural exchange, and the country’s global profile.

The decision comes amid ongoing security challenges, as the country continues to battle a growing Islamist insurgency controlling parts of its territory.

Continue Reading

Trending