Michael Olenick: How Biden Could Tackle the Student Loan Crisis
Biden could resort to a simple bankruptcy fix for the student loan mess. But would he?
Read more...Category Archives: Student loans
Is Fear of AOC Why Chuck Schumer Is Pumping a Non-Starter “Cancel Student Debt by Executive Order” Scheme?
It’s odd to see Democrats talking about a Biden “100 days” when Obama did nothing like that when he actually did have a mandate to do so that he ignored. Did they not get the memo that their blue wave didn’t hit the beach? It’s even odder to see Chuck Schumer affecting a Damascene conversion, […]
Read more...It’s Time for a Debt “Jubilee”
Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
Read more...Are American Colleges and Universities the Next Covid Casualties?
Colleges and universities need to be saved, not only from financial ruin, but also, all too often, from themselves.
Read more...Trump Admin Retracts Rule that Would Have Cancelled Visas for Foreign College Students Who Only Study Online
Trump backs down on plan too toss out foreign students who are forced to study on-line, as many universities circumscribe in-person classes,
Read more...Universities in a Mess Over Upcoming Year; Some Reopenings Meeting Fierce Resistance
Universities face an anxious and meager school year.
Read more...Coronavirus To Decimate Colleges and Universities
US universities are facing a world of hurt.
Read more...Radical Imagination: Imagining How the World of Finance Really Works
Michael Hudson rings the changes on some of his favorite themes: the logic of ancient debt jubilees. and the role of finance in contemporary rent extraction.
Read more...Student Enrollment Dropped 11% Since 2011, Student-Loan Balances Surged 74%. Why?
Drilling into why the student loan problem keeps getting worse.
Read more...‘Make No Mistake: Harvard Has the Money to Pay Us Livable Wages’
Harvard graduate students are on strike demanding fairer wages, adequate healthcare, and protections from discrimination.
Read more...Student Loans, Meet Greece: Extend and Pretend Bond Maturities
Shed a crocodile tear for investors in student loans: they are sometimes discomfited by short-lived downgrades when loan maturities are pushed out.
Read more...Sanders Report Shows How Millennial Generation Is ‘Being Punished With Crushing Student Debt and Low-Paying Jobs’
Sanders commissioned a GAO report on how high student debt levels and lousy wages translate into poor economic prospects for young people.
Read more...What’s Behind the Subprime Consumer Loan Implosion?
Subprime loan repayment continues to deteriorate. What is going on?
Read more...Income-Based Repayment Becoming a Costly Solution to Student Loan Debt
A proposal to fix income-based repayment schemes for student loan debt unwittingly illustrates the deficiencies of “preserve the status quo” approaches.
Read more...Majority in US Back Free College Tuition and Student Debt Cancellation, New Poll Finds
Sanders’ and Warren’s supposedly wild eyed ideas of cancelling student debt and making college tuition free get a thumbs up in a new poll.
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