Plan would forgive loans of up to $50,000 for 42 million Americans — for every person with a student loan and a household income of less than $100,000. It would be paid for by a tax on the wealthiest Americans.
Many teachers at the bottom of the pay scale are getting shut out of housing they can afford. Even teachers earning average or the highest salaries face struggles paying the rent, especially in the high-cost coastal and metro areas. An EdSource analysis of teacher salaries and rents reveals just how crushing California's housing crisis has become for many teachers. They are coping by sharing homes with others, making do with less space, and, as occurred this year in Los Angeles and Oakland, by striking for high salaries. But, as some teachers have found, even a hefty raise won't help them find housing they can afford.