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Tag: Student Debt

What College Graduates Can Expect as They Enter the New World of Work (Video)

By Robert Reich

What do you need to know—about the new world of work, but also about yourself—as you graduate and launch yourself into the world of work?

Posted on May 25, 2016 WATCH & LISTEN


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Graduation Debt









Posted on May 23, 2016 ENLARGE


Student Debt









Posted on May 21, 2016 ENLARGE



Great Recession Continues to Loom Over 2016 Graduates, Even as Corporate Profits Rise

The New York Times editorial board released a depressing report recently on the bleak job prospects faced by high school students graduating this year, a situation it traces to consistent political failures in recent times.

Posted on May 15, 2016 READ MORE


The Graduate









Posted on May 13, 2016 ENLARGE



The Best Reporting on Bernie Sanders Over the Years

A look back at Bernie Sanders’ career through accountability stories and other in-depth news reports.

Posted on Apr 17, 2016 READ MORE



U.S. Government Finally Forgives Billions in Student Debt of Those Who’ve Become Disabled

The move comes after a ProPublica investigation documenting how the government made it difficult for disabled borrowers to have their student loans forgiven.

Posted on Apr 17, 2016 READ MORE



Millennials Are Paying for ‘the Western World’s Most Stunning Accounting Disaster to Date’

A staggering Guardian investigation reveals how, far from being “the most indulged young people in the history of the world,” Westerners born in the 1980s and mid-1990s have been betrayed by previous generations that have left them in debt, jobless and locked out of property markets.

Posted on Mar 7, 2016 READ MORE



Ahead of Saturday’s Caucus, Latinos in Nevada Affectionately Refer to Bernie Sanders as ‘El Viejito’

While Nevada’s labor leaders back Hillary Clinton for the Democratic nomination, low-wage workers and indebted students are rallying behind Bernie Sanders, drawn to his message of radical economic change. Some Nevadans are even calling him “El Viejito,” or “the little old man.”

Posted on Feb 19, 2016 READ MORE



No, I Won’t Vote for Hillary Clinton. And Yes, I Am a Feminist Millennial

Equating women’s support for Bernie Sanders with their not being true feminists is simply bunk. And many progressive millennials aren’t buying it.

Posted on Feb 11, 2016 READ MORE


AUDIO: Robert Scheer Speaks With Jill Stein About the Green Party and the 2016 Election

By Robert Scheer

In this week’s “Scheer Intelligence,” the Truthdig editor-in-chief’s podcast on KCRW, Stein talks about her evolution from a Harvard idealist to a family physician, environmental activist and now political candidate, and why she believes she and Bernie Sanders are more similar than different.

Posted on Feb 8, 2016 WATCH & LISTEN



For-Profit Colleges Are Scandal Machines

This corrupt higher education “industry” ought to be put out of business.

Posted on Dec 30, 2015 READ MORE


One Child









Posted on Nov 8, 2015 ENLARGE


VIDEO: Robert Scheer Leads Discussion of Myth of Higher Education as the Great American Equalizer

Truthdig Editor-in-Chief Robert Scheer moderates a discussion at the University of Southern California on an explosive Federal Reserve Bank study showing that racial inequality pervades American society at all levels of education, despite hopes to the contrary.

Posted on Nov 5, 2015 WATCH & LISTEN



VIDEO: Higher Education in the U.S. Is Broken at Both Ends

It’s not just students who are struggling financially due to the way the system works. Professors are, too.

Posted on Nov 4, 2015 READ MORE



New Budget Grants Debt Collectors the Right to Bombard Student Borrowers With Robocalls

Debt collectors will be allowed to harass student loan borrowers with unlimited automated calls and text messages—even when asked to stop.

Posted on Oct 29, 2015 READ MORE



Pope Francis Is Pushing to Help the Poor While Catholic Universities Are Leaving Them Behind

Many Catholic colleges leave low-income students with big debts. And wealthy Catholic schools that provide generous support don’t enroll many poor students.

Posted on Sep 24, 2015 READ MORE



Colleges With Plenty of Cash Saddle Their Poorest Students With Heaps of Debt

A ProPublica analysis of newly available federal data shows that some of the nation’s wealthiest colleges are leaving their poorest students with plenty of debt.

Posted on Sep 13, 2015 READ MORE



It’s Time to Free Students From Debt

Touted as a necessity but priced like a luxury, many degree programs are mediocre or worse—predatory loan scams that hustle aspiring students into deep debt and poverty.

Posted on Aug 20, 2015 READ MORE



You’ve Been Scammed! Going for Broke in Ponzi-Scheme America

In possibly the last graduation speech of 2015, I know I should begin by praising your grit, your essential character, your determination to get this far. But today, it’s money, not character, that’s on my mind. For so many of you, your education has been a classic scam, and you’re not even attending an institution of higher learning officially set up to take you for a ride.

Posted on Jun 3, 2015 READ MORE


AUDIO: Chris Hedges on the Implosion of Global Capitalism

In this sweeping survey of an international crisis caused by “global capitalism based on speculation,” author, Truthdig columnist and activist Chris Hedges delivers a stark and urgent apprisal of the worldwide catastrophe that’s sure to come if the current system isn’t confronted and forced to change.

Posted on May 26, 2015 WATCH & LISTEN



VIDEO: How to Reinvent Education to Save the Economy

Sen. Bernie Sanders is making waves with a big idea to reinvent education: making public colleges and universities tuition-free. I couldn’t agree more.

Posted on May 23, 2015 READ MORE


Student Loan Calculator









Posted on May 22, 2015 ENLARGE


Student Loan









Posted on May 17, 2015 ENLARGE


Elizabeth Warren’s Latest Interview With Jon Stewart May Make Your Jaw Drop

Ever wonder how the U.S. government justifies making an annual $60 billion off students? Allow Sen. Elizabeth Warren to explain.

Posted on Apr 13, 2015 WATCH & LISTEN



Don McCullough (CC BY-NC 2.0)

Stanford’s Making Tuition, Room and Board Virtually Free for Students From Low-Income Families

Stanford University has just taken a huge step toward helping students whose parents make less than $125,000 a year get a college education without accruing inordinate amounts of debt.

Posted on Apr 2, 2015 READ MORE



Truthdiggers of the Week: Leaders of the Debt Collective

With outstanding student debt in the U.S. topping $1.3 trillion, 15 former Corinthian Colleges students are refusing to pay the onerous, exorbitant cost of a shoddy education.

Posted on Mar 1, 2015 READ MORE



Student Debt Is Seriously Hurting Grads’ Mental and Physical Health

A new study reveals what those of us carrying large loads of student debt probably already knew: Those college loan payments aren’t hurting just your bank account.

Posted on Feb 17, 2015 READ MORE



Obama Proposes Free Community College for Americans

On Friday, President Obama announced a plan to send some 9 million Americans to two years of community college for free.

Posted on Jan 10, 2015 READ MORE


The Best John Oliver Rants of 2014

John Oliver and his HBO show “Last Week Tonight” will be back Feb. 8 after a lengthy hiatus. In the meantime, check out our favorite clips of the British comedian’s program from the past year.

Posted on Jan 1, 2015 WATCH & LISTEN



Is College Worth the Cost?

This is the time of year when high school seniors apply to college, and when I get lots of mail about whether college is worth the cost. The answer is unequivocally yes, but with one big qualification.

Posted on Nov 25, 2014 READ MORE



Debt Until You Die: How Some Senior Citizens Are Still Paying Off Their Student Loans

Crushing student loan debt is not only applicable to the young and penniless.

Posted on Oct 25, 2014 READ MORE



Germany Makes College Education Free as American Students Drown in Debt

Higher education tuition fees were banned in Germany this week for anyone pursuing a degree in the country. Yes, that includes Americans.

Posted on Oct 4, 2014 READ MORE



Education With a Debt Sentence

Imagine corporations that intentionally target low-income single mothers as ideal customers. Imagine that these same companies claim to sell tickets to the American dream—gainful employment, the chance for a middle class life.

Posted on Sep 21, 2014 READ MORE



Steve Rhodes (CC BY-NC 2.0)

Occupy Activists Try to Restore Our Faith in ‘Collective Power’ by Wiping $3.9M of Student Loan Debt

The Strike Debt movement, which has its roots in Occupy Wall Street, bought and “abolished” a portfolio that included the student loan debts of 2,700 students who had attended the privately run Everest College.

Posted on Sep 18, 2014 READ MORE



Student Debt Catches Even the Elderly

An estimated 2 million Americans age 60 and older are in debt from unpaid student loans, whether from money borrowed long ago or from more recent borrowing to fund degrees for family members. And some are having their Social Security payments garnished as a result.

Posted on Sep 15, 2014 READ MORE


John Oliver on Student Debt: Our Leaders Have Decided Education Is Not Important Enough to Pay For

In an inspired back-to-school rant, John Oliver encourages college freshmen to enjoy every last second of what will undoubtedly be the best years of their lives since every year that comes after will be marked with crushing, inescapable debt.

Posted on Sep 8, 2014 WATCH & LISTEN



Why College Shouldn’t Be the Only Gateway to the Middle Class

This week, millions of young people head to college and universities, aiming for a four-year liberal arts degree.

Posted on Sep 2, 2014 READ MORE



Student Debt: Blame Lawmakers, Tax-Shirking Rich, War on Drugs, Not Universities

Why is tuition so high in state universities that The New York Times is wondering whether families will go on being able to afford it?

Posted on Jun 10, 2014 READ MORE



‘Brief Histories of Inequality’: Student Debt Edition

Salon columnist Thomas Frank takes us from the start of the university “tuition spiral” in the early ’80s, past the refusal to note the role of ballooning administrative costs, and through the emergence of the view that as an investment in future earnings, individuals should shoulder whatever price for education the market sets.

Posted on Jun 8, 2014 READ MORE


Saddled with Debt









Posted on Jun 1, 2014 ENLARGE



‘Borrowing to Attend an American College May Be Hazardous to Your Dreams’

What if the real reason college has become increasingly inaccessible is that the institution itself is a “scam meant to perpetuate the 1 percent?”

Posted on May 27, 2014 READ MORE



Truthdigger of the Week: Francisco ‘Papas Fritas’ Tapia

By burning up to $500 million worth of student debt contracts held by a corrupt, for-profit university, the Chilean artist reminds us of the virtue of principled anger.

Posted on May 25, 2014 READ MORE


Student Debt









Posted on May 23, 2014 ENLARGE


Meet the Chilean ‘Robin Hood’ Who Burned $500 Million of Student Debt

In a “Democracy Now!” exclusive, the Chilean artist who burned $500 million worth of student debt held by the private Universidad del Mar, which continued to collect on loans even as it was being closed for financial irregularities, describes his work as a “joint effort” of “empathy” and “compassion, because of the problems we face as human beings.”

Posted on May 23, 2014 WATCH & LISTEN



Screenshot/ YouTube

Chilean Artist Burns $500 Million of Student ‘Debt Papers’ in Attempt to Rid World of ‘Debtors’

“This is my act of love for you,” activist Francisco Tapia, aka Papas Fritas, tells students of the Universidad del Mar in a YouTube video that’s gone viral.

Posted on May 21, 2014 READ MORE



Shutterstock

Study: Highest-Paid University Presidents Benefit From Soaring Student Debt and Low-Wage Adjuncts

It seems there’s no coincidence that the university administrators with the fattest paychecks head schools in which students and adjuncts have the most to lose.

Posted on May 20, 2014 READ MORE


Student Loan









Posted on May 19, 2014 ENLARGE


Graduation









Posted on May 18, 2014 ENLARGE


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