The latest sighting on the student loan front is not pretty, and would be even uglier if the right metrics were used.
Recent Items
Tuesday, July 22, 2025
Student Loan Defaults Approach 5 Million….Using a Very Permissive Definition of “Default”
Topics: Dubious statistics, Economic fundamentals, Student loans
Posted by Yves Smith at 2:23 am | 59 Comments »
2:00PM Water Cooler 12/13/2017
Today’s Water Cooler: WTO, net neutrality, Jones, Franken, Amazon, The Fed, neoliberal epidemics.
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 82 Comments »
Three Surprises on Climate Change from Economist Michael Grubb
A tiny bit of good, or perhaps more accurately, less bad news on the climate change front.
Topics: Environment, Global warming, Guest Post, Politics, Social policy
Posted by Yves Smith at 9:55 am | 44 Comments »
Links 12/13/17
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 178 Comments »
Reform Candidate for CalPERS Board, Margaret Brown, Beats Incumbent Handily; Staff and Board Apparently Shell-Shocked
As the Sacramento Bee reported, In an upset, a CalPERS critic wins a seat on the pension board: Margaret Brown, a Southern California school district administrator, unseated incumbent Michael Bilbrey in a runoff election to win a seat on the California Public Employees’ Retirement System Board of Administration. Her victory on Tuesday marks an upset […]
Posted by Yves Smith at 4:15 am | 35 Comments »
LEAKED: Head Of FCC Mocks Impending Destruction Of The Internet
Ajit Pai, the head of the FCC, shows his true colors. Not a pretty sight.
Topics: Banana republic, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 3:10 am | 23 Comments »
Doug Jones Scores Upset in Alabama Senate Race
Some initial comments on the Doug Jones win in Alabama.
Topics: Politics
Posted by Yves Smith at 11:17 pm | 96 Comments »
2:00PM Water Cooler 12/12/2017
Today’s Water Cooler: Net neutrality, WTO, Moore v Jones, Lena Dunham, tax “reform,” Rapture Index pops, Aurelius, complexity, near misses
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »
Sandy Hook Anniversary: Time for Insurance So Gun Owners Bear the True Cost of Gun Ownership
Time to make gun owners pay for the full cost of their hobby.
Topics: Guest Post, Regulations and regulators, Social policy
Posted by Yves Smith at 9:55 am | 175 Comments »
Links 12/12/17
Topics: Links
Posted by Yves Smith at 6:55 am | 166 Comments »
Can Uber Ever Deliver? Part Eleven: Annual Uber Losses Now Approaching $5 Billion
Uber’s ever-widening losses confirms Hubert Horan’s thesis that Uber has no credible path to profit absent a radical downsizing.
Topics: Guest Post, Private equity, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class, Uber
Posted by Yves Smith at 6:02 am | 64 Comments »
Don Quijones: A New Stealth Attack in EU’s “War on Cash”
The definition of cash widens.
Topics: Banking industry, Europe, Guest Post, Payment system, Regulations and regulators, Surveillance state
Posted by Yves Smith at 2:33 am | 14 Comments »
The DSGE Model Quarrel (Again)
Economists duke it out over a new defense of discredited but still widely used DSGE models.
Topics: Guest Post, Macroeconomic policy, The dismal science
Posted by Yves Smith at 2:10 am | 17 Comments »
2:00PM Water Cooler 12/11/2017
Today’s Water Cooler: Moore v. Jones, Unity Commission, Bitcoin, house-cleaning, open thread.
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 71 Comments »
Class and Beyond: Case-Deaton’s “Deaths of Despair,” Embodiment, and Neoliberal Epidemics
Can a theory of epidemiology put a stake in the heart of neoliberalism — and identity politics?
Topics: Guest Post, Health care, Politics, Science and the scientific method, Social policy, Social values
Posted by Lambert Strether at 1:55 pm | 74 Comments »