Author: Hannah Levintova

Biden Says He’ll Try Another Way to Cancel Student Debt

After the Supreme Court threw out his debt relief plan earlier in the day, President Joe Biden promised in a White House speech Friday afternoon to pursue a different legal strategy for canceling student debt. “I believe the court’s decision to strike down my student debt relief program was a mistake, was wrong,” he said. […]

The Supreme Court Made It Even Harder to Close the Racial Wealth Gap

Within 24 hours, two rulings from the nation’s highest court—one striking down the use of race-conscious college admissions, and the second gutting Biden’s student debt cancellation plan—rolled back years of progress towards greater economic justice and educational opportunity for students of color. In these rulings, the Supreme Court has all but ensured the deepening of racial […]

Emails Show Missouri’s Student Loan Servicer Never Wanted to Be In the Lawsuit to Kill Debt Relief

Newly obtained records from the Missouri Higher Education Loan Authority (MOHELA) show that executives and employees at the student loan servicer are surprised and dismayed at their company’s central role in the lawsuit before the Supreme Court that seeks to undo Biden’s student debt cancellation plan. MOHELA has never been a party to the lawsuit, […]

Death by Debt

It wasn’t long after Jessica Madison graduated in 2009 that she realized her student loans were a terrible mistake. She had borrowed $21,000 for a paralegal program at Everest College in Fort Lauderdale, Florida, in the hope of building a more secure life, but instead she spent the next three years looking for a full-time […]

Long Before Silicon Valley Bank’s Collapse, Its CEO Helped Kill Tougher Oversight of Banks Like His

On Friday, regulators shut down Silicon Valley Bank, one of the most prominent banks in Silicon Valley’s venture capital and startup hub. The bank’s collapse, the largest such failure since the 2008 financial crisis, has roiled the tech industry, in part because many venture capitalists and startups had millions in the bank coffers. The fate of […]

The Abortion Pill’s Secret Money Men

In 1993, a group of activists rented a warehouse in suburban Westchester County, New York. It was smaller than they’d hoped and had limited ventilation, but the two other locations they’d tried to rent belonged to universities and required jumping through too many bureaucratic hoops—the exact sort of paper trail this group was trying to […]