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Tag: Student Loans


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



Shutterstock

After Years of Troubles, Largest Student-Loan Servicers Get Stepped-Up Oversight

Sallie Mae and other large student-loan servicers—the companies that act as a go-between for borrowers and lenders—will soon be getting some regular oversight from the Consumer Financial Protection Bureau, the watchdog agency announced this week.

Posted on Dec 3, 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


The New High School Diploma

Whether or not President Obama’s recent education-themed speeches are in direct response to Matt Taibbi’s must-read Rolling Stone magazine article on the college loan crisis, it is great news that the White House is now taking the crisis more seriously.

Posted on Aug 30, 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


Reza Aslan Finally Gets to Talk About His Book (Transcript Added)

This week on Truthdig Radio in association with KPFK: He survived Fox News. Now the religions scholar discusses his new book, at last. Also: More revelations about the NSA, Bradley Manning’s sentencing and Oregon’s alternative to student loans.

Posted on Aug 1, 2013 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Reza Aslan Finally Gets to Talk About His Book

This week on Truthdig Radio in association with KPFK: He survived Fox News. Now the religions scholar discusses his new book, at last. Also: More revelations about the NSA, Bradley Manning’s sentencing, and Oregon’s alternative to student loans.

Posted on Aug 1, 2013 READ MORE


New College Loan Rates

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Posted on Jul 26, 2013 READ MORE



Screenshot

Warren Balks at Student Loan Deal That Would Give ‘Outrageous Profits’ to Government

“We should not go along with any plan that demands that our students continue to produce huge profits for our government,” Sen. Elizabeth Warren, D-Mass, wrote in an email to supporters Tuesday. “Making billions and billions in profits off the backs of students is obscene.”

Posted on Jul 23, 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



Bush Pushes on Immigration, Senate Screws Over Students, and More

A look at the day’s political happenings, including a pair of controversial anti-abortion measures make their way through two Republican-controlled state legislatures and former N.Y. Gov. Eliot Spitzer’s political comeback gets some good news.

Posted on Jul 10, 2013 READ MORE


College Student Debt

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Posted on Jul 10, 2013 READ MORE



Flickr/DonkeyHotey

Why Republicans Want to Tax Students and Not Polluters

A basic economic principle is government ought to tax what we want to discourage, and not tax what we want to encourage. Sounds pretty simple, doesn’t it? Unfortunately, congressional Republicans are intent on doing exactly the opposite.

 

Posted on Jul 7, 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



Wendy Davis Won’t Back Down, Maher Rips Voting Rights Act Decision, and More

A look at the day’s political happenings, including Sen. Elizabeth Warren’s latest fight against student loan rate increases and what the top two Senate Republicans are requesting of the NFL and other major American sports leagues.

Posted on Jun 30, 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 Debt

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Posted on Jun 3, 2013 READ MORE


Credit

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Posted on Jun 3, 2013 READ MORE


Commencement

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Posted on May 23, 2013 READ MORE



AP/Carolyn Kaster

Gillibrand’s Student Loan Proposal Follows Warren’s Lead

The Democratic senator from New York has proposed legislation that would allow holders of student debt to refinance their loans at lower interest rates, a move that could save tens of millions of borrowers a combined $14.5 billion in the first year.

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



AP/Cliff Owen

Elizabeth Warren, a Great Investment

How astonishing to have a public servant who actually cares to inform the public about the inner workings of the system of crony capitalism that has wedded big government with big business.

Posted on May 14, 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


Students as Important as Big Banks, Elizabeth Warren Says in Bill Introduction

The senator’s first piece of stand-alone legislation is aimed at giving students who take out federally subsidized loans the same interest rate the big banks get when they borrow from the government. Student loans rates are set to go up to 6.8 percent July 1. Meantime, the big banks responsible for plunging the economy into a recession a few short years ago pay just 0.75 percent

Posted on May 8, 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



Flickr/Adam Jones

Colleges Suing Poor Students Over Loan Defaults

“The increase in the amount of defaulted loans among poor students comes as President Barack Obama says he wants to expand access to college for working-class families and increase funding for the Perkins program,” Bloomberg reports.

Posted on Feb 5, 2013 READ MORE



Obama for America/Christopher Dilts

Bill Clinton to the Rescue

While Obama flew home to take command of the federal response to Hurricane Sandy, the campaign marched on Monday, with 66-year-old Bill Clinton trying to catalyze the youth vote in Florida.

Posted on Oct 30, 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



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



facebook.com/DefaultMovie

A Warning to the Next Generation of Student Debtors

Explaining why she is fighting for reform of the student lending industry, Carmen Berkley bursts into tears. She is one of several borrowers interviewed in a documentary by Serge Bakalian, above.

Posted on Jul 10, 2012 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Where Have All the Watchdogs Gone?

This week on Truthdig Radio in association with KPFK: putting government watchdogs back to work, filmmaker Robert Greenwald, Occupy funnyman Nato Green, student debt and anarchy historian Thai Jones.

Posted on Jun 7, 2012 READ MORE


Where Have All the Watchdogs Gone?

This week on Truthdig Radio in association with KPFK: Putting government watchdogs back to work, filmmaker Robert Greenwald, Occupy funnyman Nato Green, student debt and anarchy historian Thai Jones.

Posted on Jun 7, 2012 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Student Debt as a Human Rights Issue

This week on Truthdig Radio in association with KPFK: A student loan crisis just in time for graduation and “More Powerful Than Dynamite” author Thai Jones.

Posted on May 25, 2012 READ MORE


Student Debt as a Human Rights Issue

This week on Truthdig Radio in association with KPFK: A student loan crisis just in time for graduation and “More Powerful Than Dynamite” author Thai Jones.

Posted on May 25, 2012 READ MORE



Photo by Mike Renlund

As Deadline Nears, Dueling Student Loan Bills Stall in Senate

Despite agreeing that low federal student loan interest rates should be extended, Democrats and Republicans have not been able to come together to do so. On Thursday, the Senate rejected two competing plans that would have kept student loan rates from doubling to 6.8 percent on July 1.

Posted on May 24, 2012 READ MORE


Graduation

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Posted on May 16, 2012 READ MORE



Talk Radio News Service

Student Loan Bill Stalls in Senate

Democratic legislation that would prevent student loan interest rates from doubling was blocked in the Senate by Republicans on Tuesday.

Posted on May 8, 2012 READ MORE


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