‘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...Category Archives: Student loans
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.
Read more...Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans
The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.
Read more...Credentialism and Corruption: A Second Look at the College Admissions Scandals
Estimating the scope of corruption in the college admissions process.
Read more...Families Drowning in Debt to Stay in the Middle Class
Young people with pretty high incomes are sinking under debt.
Read more...It Is Time To Start Forgiving Student Loans – And Here Is What It Will Cost
A far-ranging plan for cleaning up the student loan mess.
Read more...Student Loan Forgiveness Program Offers False Hope, Rejects 99% of Applications
The infamous HAMP program, which the Administration revised so many times on the fly as to give incompetent and mendacious mortgage servicers air cover for failing to modify mortgages, at least had a stealth purpose. As Treasury Secretary Timothy Geithner said to the SIGTARP’s Neil Barofsky, it was to foam the runway for banks by […]
Read more...Wolf Richter: The State of the American Debt Slaves, Q3 2018
Consumer debt continues to grind upwards.
Read more...Michael Hudson: Rescuing the Banks Instead of the Economy
Michael Hudson on his themes of how banks are mainly funding real estate rather than the economy and the problem of failing to write down debt that can’t be repaid.
Read more...Win for Students Having Loans From For–Profit Educational Institutions
Students get a rare break on the student debt front.
Read more...Student Debt Bondage Becoming More Widespread
More sobering news on the student debt front.
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