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Tag: Student Debt


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

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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

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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



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

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Posted on May 19, 2014 READ MORE


Graduation

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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

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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

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Posted on Sep 1, 2013 READ MORE


Obama’s College Scoreboard

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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

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Posted on Aug 9, 2013 READ MORE


New College Loan Rates

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Posted on Jul 26, 2013 READ MORE


Interest Rate on Federal Student Loans Doubles

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Posted on Jul 18, 2013 READ MORE


College Cost Bubble

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Posted on Jul 16, 2013 READ MORE


Middle-Class Fall

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Posted on Jul 13, 2013 READ MORE


Student Loans Bite

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Posted on Jul 11, 2013 READ MORE


College Student Debt

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Posted on Jul 10, 2013 READ MORE


College Costs

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Posted on Jul 6, 2013 READ MORE


Student Loan Shark

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Posted on Jul 5, 2013 READ MORE


Student Loan Rate Doubling

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Posted on Jul 1, 2013 READ MORE


Private Colleges

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Posted on Jun 21, 2013 READ MORE



qwrrty (CC BY 2.0)

Elizabeth Warren’s QE for Students: Populist Demagoguery or Economic Breakthrough?

Only one proposal promises relief for millions of students whose loan interest rates will double from 3.4 percent to 6.8 percent this July—Sen. Elizabeth Warren’s “Bank on Students Loan Fairness Act.”

Posted on Jun 14, 2013 READ MORE



College: A Lesson in Inequality

Rather than bridging economic disparities between students, higher education seems to be widening them; although Google’s new customizable maps sound like a great idea, they filter out a lot of useful information; and although some would like to blame the collapse of the middle class on the Internet, truth is it was falling apart long before the World Wide Web. These discoveries and more after the jump.

Posted on May 20, 2013 READ MORE


Graduation

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Posted on May 18, 2013 READ MORE



Herkie (CC BY-SA 2.0)

How Profitable Are Students in 2013?

The Obama administration is set to pull in $51 billion from student loans this year, “a sum greater than the earnings of the nation’s most profitable companies and roughly equal to the combined net income of the four largest U.S. banks by assets,” The Huffington Post reports.

Posted on May 17, 2013 READ MORE


Underwater Graduates

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Posted on May 13, 2013 READ MORE



State Farm (CC BY 2.0)

Student Loans a Drag on Graduates and the Economy

Crippling student debt is keeping hundreds of thousands of Americans from spending money on goods and services in the real economy, which is constraining the nation’s recovery.

Posted on May 11, 2013 READ MORE


Diploma for Dinner

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Posted on May 11, 2013 READ MORE



Graduation cap and cash image via Shutterstock

The Growing Burden of College Fees

Student fees have been something of a known irritant for years, often criticized as a kind of stealth, second tuition imposed on unsuspecting families. But such fees are still on the rise on many campuses. And though their names can border on the comical—i.e., the “student success fee”—there’s nothing funny about how they can add up.

Posted on Mar 31, 2013 READ MORE



Flickr/University of Portsmouth Students' Union

Tuition at Public Colleges Rises to Record Level

College costs climbed to an all-time high in 2012 while state and local funding for items such as operating expenses and student aid fell, a new report shows.

Posted on Mar 7, 2013 READ MORE



Jules Antonio (CC BY-SA 2.0)

NYC Students Defend Free Higher Education

After the president of one of the last tuition-free universities in the United States announced that it would begin charging fees for graduate programs, 11 students occupied a campus building to “demand that the school reaffirm its commitment to providing free education” and a revision of the university’s management style.

Posted on Dec 4, 2012 READ MORE



david_shankbone (CC BY 2.0)

Michael Moore Makes Requests of the President

There seems to be little reason to believe that Barack Obama listens to any of the advice his left-wing critics offer him, but Michael Moore’s suggested list of priorities for the president’s second term might be useful in measuring Obama’s performance in the months and years to come.

Posted on Nov 20, 2012 READ MORE


Drowning in Debt

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Posted on Sep 17, 2012 READ MORE



Higher Education Comes at a High Cost

Students all over America are defaulting on their student loans, especially those who attended private, profit-making institutions; Democrats’ chants about Osama bin Laden’s death take us back to George W. Bush’s boasts about Saddam Hussein; meanwhile, new scientific studies prove organic produce contains fewer pesticides and bacteria. These discoveries and more after the jump.

Posted on Sep 10, 2012 READ MORE



Flickr/Donkey Hokey

How You Personally Could Get Screwed by Paul Ryan

Are you poor? Female? A student? A veteran? Planning on growing old? Zach Woods of “The Office”? Well, congratulations! If Mitt Romney is elected president, then you’re definitely going to get screwed by his running mate Paul Ryan! Click below to find out how.

Posted on Aug 13, 2012 READ MORE



Poster Boy NYC (CC BY 2.0)

Subprime Student Lending

Banks gave money to needy college students without considering whether borrowers could repay, then bundled and resold the loans to avoid losing money when students defaulted—lending practices that mirror the run-up to the subprime mortgage crisis.

Posted on Jul 21, 2012 READ MORE



Fotopedia

The Odds Are Stacked Against Today’s College Grads

Half of all recent college graduates are jobless or underemployed, with mounting student debt levels creating huge obstacles for millions of young people, an analysis of government data for The Associated Press has found.

Posted on Jul 10, 2012 READ MORE



AP/Butch Dill

Revolution Brewing on Student Debt

The U.S. once led the world in free education. The recent debate in Washington about whether to let student loan interest rates double ignores the fact that many students already cannot afford a college education or advanced training.

Posted on May 7, 2012 READ MORE



KendraKaptures (CC BY-ND 2.0)

Welcome to the 2012 Hunger Games

We have a new science fiction trilogy that’s perfect for our moment: Suzanne Collins’ “The Hunger Games,” a dystopian vision set in a North America ruled by decadent, luxurious oligarchs who sacrifice young people in an annual televised Roman-style blood contest.

Posted on May 1, 2012 READ MORE



colorlines.com

Student Debt by Skin Color

You may know that American student debt—which is swelling at a rate of almost $3,000 a second—is expected to hit $1 trillion by the end of the year. But do you know how the tab breaks down by ethnicity? Who owes the most? Who owes the least? Is anyone escaping its debilitating grip? (more)

Posted on Oct 29, 2011 READ MORE


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