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Economy

Sen. Perdue lies about debt to get more money for the rich

Millionaire Sen. David Perdue, R-Ga., is claiming that the Senate must approve the GOP’s “tax cut for the one percent” tax plan in order to “avoid escalating the national debt over the next decade.” How could giving millionaires $46,000 extra per year help our country save money? The short answer is, “it can’t and it won’t.” “National debt” is the reason Republicans have always given for tax reform, but the truth is it doesn’t work

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People with student loan debt have physical, stress-related ailments

Years after being labeled the state with the highest per capita student loan debt, Georgia is seeing student debt and college dropout rates continue to increase. Every year student loan debt is preventing many Georgians from buying houses, putting money into savings, and making financial investments. These financial repercussions are crippling, but a recent study by Student Loan Hero found that the physical results of student loan debt are even harder to deal with. “Debt

Economy

Locking in unaffordable tuition won’t make it affordable

Rep. Rick Jeffares, a state senator from Henry County, is proposing a plan that attempts to reduce college costs for Georgia students. The plan would lock in tuition for incoming freshmen during their next four years at school, preventing hiking tuition rates as students work on their degrees. But is simply locking the exorbitant price of tuition enough to help students? Median federal loan debt for Georgia students seeking a bachelor’s degree has more than