Mississippians who have just graduated from college this summer may be celebrating now but they also just joined the millions of Americans facing student loan repayment, as their six-month grace period ends soon.

Mississippi residents share $16.2 billion in student loan debt.

Brian Walsh, head of advice and planning at SoFi, a personal finance company, recommended proactive budgeting and emphasized the importance of treating the loan payment as a non-negotiable expense.

"Build your budget as if you have that payment -- maybe you make payments when you don't have to, maybe you throw it in a checking savings account -- whatever it may be, build that budget accordingly," Walsh advised. "Then, figure out the best approach for you when it comes to paying back your student loans."

According to the website EducationData.org, just over 15.% of state residents, or about 447,000 people, have student loan debt, with an average of more than $36,000.

Walsh noted Mississippi college students who struggle with loan payments have multiple options for reducing costs, including processes like consolidation and refinancing.

"Consolidation is through the federal government, where essentially you would be combining however many federal student loans you have, and it makes one payment, makes things easier," Walsh explained. "You can adjust the repayment terms so you can lower your payment but your interest rate isn't going to change."

The Saving on a Valuable Education program, which is an income-driven repayment plan for federal student aid, remains in effect, as approved by the courts. Students can still sign up for the program, choose other income-driven repayment options, or consolidate their loans, according to the government website StudentAid.gov.

Support for this reporting was provided by Lumina Foundation.

A new bill in Sacramento would dramatically raise K-12 school funding targets by 50% over ten years. Assembly Bill 477 is intended to help districts raise educators' pay, to attract more people to the profession and keep them there.

Grace Consentino is a middle-school science teacher in Novato.

"My commute every day is a total of one hour and 30 minutes. I would love to be able to live in the town that I work in, but I live in a separate county because the cost of living is so high," she said. "This is why teachers leave."

A recent study on the state of education in California found one in three new educators is seriously thinking about leaving, mostly because of low pay. The bill would hike the local control funding formula.

Opponents say they are concerned about cost. The Assembly Appropriations Committee has not yet completed a fiscal analysis.

Dannel Montesano is a longtime attendance clerk in the Galt Joint Union School District.

"Starting paraprofessional pay in my district is $18.63 an hour, while down the street at McDonald's, the starting pay is over $20 an hour. So, our schools are suffering from constant turnover and staffing issues," Montesano said.

California is bracing for a big hit to the state budget, as tax receipts are expected to be lower. In addition, Congress has proposed billions in cuts to Medi-Cal. And the administration has threatened to pull federal funding from schools that promote diversity, equity and inclusion.

Assemblymember Al Muratsuchi, D-Torrance, sponsored the bill, which went before the Assembly Education Committee on Wednesday.

"The Trump administration is attempting to dismantle public education and defund our schools. California must fight back to defend public education," he said.


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After several weeks of public comment, bills addressing school finance in Texas will be presented to the House of Representatives.

House Bill 2 is the public school funding bill and Senate Bill 2 is the voucher proposal, along with its companion bill, House Bill 3.

Chandra Villanueva, director of policy and advocacy for the group Every Texan, said the proposed voucher initiative, which would provide students $10,000 to help pay for private school, would hurt public schools and low-income families.

"Our schools are funded based on attendance, so when kids leave the system, the schools will get less money," Villanueva explained. "Until you can actually close a campus, you still have all of your same fixed costs around utilities, teachers. You'll see more overcrowded classrooms."

Backers of school vouchers, including Gov. Greg Abbott, have said public schools will not be negatively affected. This is the second legislative session where Abbott has made a voucher program his top priority.

Teachers, advocacy groups and even members of the Republican Party have spoken out against vouchers. Many Texas teachers spent their spring break testifying before the legislative committee. Villanueva emphasized although the proposal is out of committee, they are not giving up.

"Members need to hear from their constituents," Villanueva stressed. "The public education committee has been targeted the most -- but even now, if your member is not on that committee, they're going to be the ones who are hearing this bill. And a lot of amendments are going to be offered up on the House floor. So that's an opportunity to try to limit the voucher, try to put more guardrails on it."

Both bills are expected to be brought to the House floor at the same time, but a date has not been set.


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Nearly 22,000 Florida college students could lose critical tuition help under a state House budget proposal.

The plan would cut $3,500 annual grants for students at 15 private schools throughout the state, including three historically Black universities and Embry-Riddle, the nation's top civilian flight school.

House lawmakers tied eligibility for Florida's Effective Access to Student Education (EASE) program to five performance metrics, including a 54% graduation rate and affordability benchmarks.

Bob Boyd, president of Independent Colleges and Universities of Florida, warned of fallout.

"It's going to really devastate our sector," he said. "These are students pursuing nursing degrees, becoming pilots, teachers, and they are going to - a lot of them will drop out of their high-demand degree fields because they're not getting this voucher."

House leaders have said their new performance metrics ensure accountability - affecting just 1.2% of Florida's higher-ed students. But Boyd noted that his schools produce 30% of Florida's nurses while getting just 2% of state funding.

Keiser University Vice Chancellor Belinda Keiser said the cuts would hit non-traditional students hardest - working adults, single parents and first-generation college-goers who rely on these grants.

"Thirty-five hundred dollars a year over the next four years will be taken away," she said. "That might cause some of those students pursuing nursing, pursuing Homeland Security, pursuing cyber - and we offer all those degrees - to drop out. And to me, talent should always be one of your best investments."

The Senate's budget fully funds EASE without new metrics, setting up a clash in the conference committee. Lawmakers must reach a deal by April 29 to allow the constitutionally required 72-hour budget review before the May legislative deadline.

Support for this reporting was provided by Lumina Foundation.


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