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October 7, 2015
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Tag: Student Debt

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 READ MORE

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 READ MORE

Student Loan

Posted on May 17, 2015 READ MORE

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 READ MORE

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 READ MORE

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 READ MORE

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 READ MORE

‘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 READ MORE

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 READ MORE

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


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 READ MORE


Posted on May 18, 2014 READ MORE

Andra MIhali (CC BY-SA 2.0)

As Parents Struggle to Repay College Loans for Their Children, Taxpayers Also Stand to Lose

New Department of Education data show rising default rates on federal loans to parents.

Posted on Apr 8, 2014 READ MORE

SAIatCalU (CC BY-NC-SA 2.0)

How the ‘Starving Student’ Cliche Became a Harrowing Reality

College students aren’t just scrimping and scrounging—they’re actually going hungry.

Posted on Mar 18, 2014 READ MORE

College Loans

Posted on Mar 1, 2014 READ MORE

The Fire of an Impassioned Academic

A series of excerpts from a summer talk given to the Ontario Common Front—an effort to build a broad resistance to the policies of Canada’s conservative government—show the zeal and precise theoretical insight of McMaster University professor and American cultural critic Henry Giroux.

Posted on Sep 21, 2013 READ MORE

Saint Huck (CC BY-NC 2.0)

Government’s Keeping the Student-Debt Crisis Alive and Well

Just because JPMorgan Chase will no longer offer student loans doesn’t mean the student debt bubble will burst any time soon, if ever. We have none other than the U.S. government to thank for that.

Posted on Sep 7, 2013 READ MORE

College Debt

Posted on Sep 1, 2013 READ MORE

Obama’s College Scoreboard

Posted on Aug 24, 2013 READ MORE

America Keeps Swindling Students

The U.S. government is making college loans easier than ever to get, further ensuring the debt slavery of the nation’s youth; it’s possible the cure for AIDS is actually universal HIV screening; and, Craigslist has been accused time and again of killing newspapers, but is this argument valid? These discoveries and more after the jump.

Posted on Aug 17, 2013 READ MORE

Education Is the Key

Posted on Aug 9, 2013 READ MORE

New College Loan Rates

Posted on Jul 26, 2013 READ MORE

Interest Rate on Federal Student Loans Doubles

Posted on Jul 18, 2013 READ MORE

College Cost Bubble

Posted on Jul 16, 2013 READ MORE

Middle-Class Fall

Posted on Jul 13, 2013 READ MORE

Student Loans Bite

Posted on Jul 11, 2013 READ MORE

College Student Debt

Posted on Jul 10, 2013 READ MORE

College Costs

Posted on Jul 6, 2013 READ MORE

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