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Possible loan forgiveness would benefit Latino students

The Education Department has suspended the collection of certain federal student loans that borrowers defaulted on, while Democratic senators insist that the relief bill has a provision that could facilitate canceling many more student loan debts through a tax break.

Why it matters: Latinos tend to have more problems repaying school debt, and in the current situation face growing stress and anxiety before even accounting for repayments.


By the numbers: Since before the pandemic, about 23% of Hispanic college grads who had taken out loans for tuition and school expenses were behind on their payments, in contrast with 6% of white student borrowers, per Federal Reserve data.

  • Estimates also show that 12 years after graduation, on average, white borrowers had been able to pay off 90% of their debts, while Latino student borrowers still owed around 80% of what they took out to afford tuition.

This story first appeared in Axios Latino, a weekly collaboration between Axios and Noticias Telemundo. Sign up here.

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Biden to unveil executive actions on gun violence prevention

President Biden is expected to present a series of executive actions on guns Thursday, including directing his Justice Department to tighten regulations on purchases of so-called “ghost guns."

Why it matters: The president has faced increased pressure from Democrats and gun violence prevention groups to act on the issue following a series of recent high-profile gun tragedies across the U.S.

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We're losing the war on the coronavirus

By any standard, no matter how you look at it, the U.S. is losing its war against the coronavirus.

Why it matters: The pandemic is not an abstraction, and it is not something that’s simmering in the background. It is an ongoing emergency ravaging nearly the entire country, with a loss of life equivalent to a Sept. 11 every three days — for four months and counting.

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Fauci says transition delay harmful to public health as COVID-19 cases surge

NIAID Director Anthony Fauci said on CNN's "State of the Union" Sunday that President Trump's refusal to cooperate with President-elect Biden's transition team hurts public health as coronavirus cases surge across the country.

The state of play: As President Trump refuses to concede the election to President-elect Joe Biden, General Services Administration Administrator Emily Murphy has not signed documents declaring Biden the apparent winner, preventing the president-elect's agency review teams from having access to the information they need in order to get to work.

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