Just how COVID-19 Exacerbates Established Inequities in our Financial aid Program
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- The new Upshot
- Story
- Policy Implications
The Upshot
Throughout the years, new different impacts from education loan borrowing from the bank in the usa have created an economic crisis for a couple sets of people, additionally the latest COVID-19 pandemic threatens so you’re able to worsen such much time-condition disparities because of the magnifying the resources causes. Referring because not surprising that, next, that a few of the earliest COVID-19 coverage conversations according to permitting borrowers have been struggling to pay the finance in the economic downturn. Congress need to remember these types of disparities because it takes into account the brand new educational funding guidelines and you will steps to support education loan consumers from inside the turbulent period to come.
Pandemic-made worse inequities can establish nice demands for college students who have already borrowed to invest in the degree and people who need it into the registering for the newest slip.
