Tag: student debt
C4SS Feed 44 presents James C. Wilson‘s “Debt Forgiveness: End the Student Loan Industrial Complex” read by Mike Godzina and edited by Nick Ford. The student debt crisis is not limited to students in for-profit schools, but state institutions as well. Federal Student loans have the problem of being one size fits all. In a…
On April 15th, the Department of Education stated it is “working on a process to help federal student loan borrowers submit a defense to repayment of their federal student loans.” The statement came with a press release announcing that the federal government will fine Corinthian Colleges $29.6 million for lying to students about its jobs…
C4SS Feed 44 presents Jeff Ricketson‘s “Elizabeth Warren’s War on Students” read by Tony Dreher and edited by Nick Ford. It’s absurd to suggest that the solution to overpriced government student loans is to eliminate profit from the program. Loans are supposed to be the current use of one’s future capital. Interest rates signal how efficient this advance…
On the liberal wing of American politics, US Senator Elizabeth Warren’s (D-MA) success in capturing the love of millions is astounding. Her image as savior of indebted workers and unheard voices in America strikes a note with those concerned about reduced class mobility, and rightly so. Consider Warren’s speech introducing emergency legislation to allow refinancing of student loans….
Muitos economistas acham que a próxima bolha a estourar em nossa atual crise será a dos empréstimos a estudantes. A dívida de empréstimos a estudantes encontra-se em alta histórica, e as taxas de empréstimos federais estão prestes a dobrar, de 3,4% para 6,8% – a despeito de pequeno esforço para fazer com que os juros dos empréstimos a estudantes acompanhem…
Many economists think that the next bubble to burst in our current crisis will be student loans. Student loan debt is at a historic high, and federal loan rates are about to double, from 3.4% to 6.8% – despite a small effort to have student loan interest rates mimic the rates government grants big banks. This…
Keith Taylor: The untold story of student loan debt.