Charlene Crowell is the Center for Responsible Lending’s communications deputy director. She can be reached at Charlene.crowell@responsiblelending.org. (Photo: iStockphoto / NNPA)
#NNPA BlackPress

COMMENTARY: Education Department helps loan servicers instead of borrowers

NNPA NEWSWIRE — …a newly-released audit report finds fault with how the Department of Education (Department) is managing both its loan funds and its 15 contract student loan servicers. According to an Office of Inspector General (OIG) report released on February 12, “borrowers might not have been protected from poor services, and taxpayers might not have been protected from improper payments.” […read more]

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Business

Black Wealth Still Plummeting

PRECINCT REPORTER NEWS — “For households of color, the Great Recession erased the economic progress made over the past three decades in their entirety,” said Astrada. “If current trends continue, it will take 228 years for the average Black family to reach the level of wealth White families own today. For the average Latinx family, matching the wealth of White families will take 84 years.” […read more]

Politics

Arne Duncan’s Wars

(Politico) – Education Secretary Arne Duncan is a mild-mannered, even-tempered, introverted kind of guy, but he’s spent much of his six and a half years in Washington in combat. He’s fought with school choice activists, student debt activists, gun activists, for-profit colleges, black colleges, traditional Read More

National

New Guidelines Address School Discipline Disparities

By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA) – In the 2011-2012 school year, Black students without disabilities were more than three times as likely to be expelled or suspended as their White counterparts, according to data from the Department of Education’s Civil Rights Data Read More

National

Obama’s Reform Plan ‘Misplaced’ for HBCUs

By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – President Obama’s proposal to make colleges more affordable has some good points, but could disproportionately harm Historically Black Colleges and Universities (HBCUs), many of whom are already reeling from changes in the college student loan program Read More

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National

Scrambling to Provide a Good Education

Scrambling to Provide a Good Education By Maya Rhodan NNPA Washington Correspondent WASHINGTON (NNPA) – Federal housing assistance recipients usually do not reside in areas near high performing schools, keeping many educational opportunities from reaching poor and minority students, according to a recent study by Read More

National

Unemployment Reaches Lowest Point Under Obama

Unemployment Reaches Lowest Point Under Obama By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – After receiving poor marks for his performance in his nationally-televised debate with Republican presidential nominee Mitt Romney, President Obama received a much-needed boost from the Bureau of Labor Statistics’ report Read More