Aug 29

Starting School…Ending Debt: Rally in Boston September 5

Thank Sen. Elizabeth Warren for her efforts to cut student loan interest rates by signing PHENOM’s thank you card.  Almost a million Massachusetts residents owe more than $24,000,000,000 (that’s billion!) in student debt, much of it at high interest rates. Private banks and the federal government have been making a ton of money …

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Jul 08

Legislative Subcommittee Report on Student Loans and Debt

The Subcommittee, chaired by Rep. Paul Mark and Sen. Eileen Donoghue, held hearings around the state, at which numerous PHENOM members testified.  While we believe the recommendations in this report are not nearly ambitious enough, the report describes the crisis well and offers some interesting suggestions.  PHENOM hopes to release an independent economic analysis …

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Jul 02

FY 2015 Budget – Good but not Good Enough

We are very pleased that the 2014-15 budget includes an increase in state appropriations for all of the campuses in the Public Higher Education system for the third year in a row.  At UMass, the increase is enough to trigger another year of fee freezes for its five campuses and to reach the 50/50 goal …

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May 27

A Fiery End to Student Debt

A young artist in Chile recently took matters into his own hands and stole and burned up $500 million worth of tuition contracts from the for-profit Universidad del Mar.  This will make it extremely difficult to prove the students’ debt exists.  As explained in this article in the Guardian, this artistic action comes on …

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