costing

President Joe Biden promised to forgive up to US$10,000 in student loan debt during his 2020 campaign. Now, a few months into his presidency, over 415 organizations have urged him to use his executive authority to cancel all federal student loan debt. We assembled a panel of academics to talk about the effects student loans have on recent graduates. How much student loan debt is too much? Kate Padgett-Walsh, associate professor of philosophy at Iowa State University Student debt is too much when it threatens the physical and mental health of young borrowers. Today’s college graduates now finish school with almost $30,000 in student loan debt, on average, an increase of over 300% from 1970 after adjusting for inflation. Research shows that the burden of this debt causes poorer mental heal...

On World Diabetes Day, data shows the disease's incidence is declining in the United States, but rising globally. It's a disease that kills someone every eight seconds, and costs the globe over a trillion dollars every year. Diabetes is a chronic condition that strikes when the pancreas, an organ that is part of the digestive system, no longer produces sufficient insulin, a hormone that helps regulate blood sugar levels. Complications with the hormone can lead to various forms of diabetes, now at epidemic levels around the world. The United States Centers for Disease Control and Prevention (CDC) estimates that 1.5 million new cases of diabetes are diagnosed annually in the US alone. To lower that toll, the CDC has spent millions on prevention and education ca...

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For Recent Grads Student Loan Debt Is Costing Much More Than Just Money