…seems to understand that broad-based debt forgiveness would be a political liability.  But even a targeted approach to debt relief through executive action seems like an incredible kludge.  We need…

Start to cancel some of the loans instead. Student loan debt is now the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1.777 trillion; annual growth resumed…

I did this a couple of years ago. What you are looking at is the current Student Loan Debt carried by former students. Also included is the ages of each…

…deficit are all done based on income. The numbers look huge. $16.5 trillion in debt. Deficits to add to the debt in the trillions and only $14 trillion per year…

…a four-year college left school with roughly $24,000 of student debt, with ten percent facing debt of $40,000 or more, according to the College Board. Total student loan debt will…

…I get just slightly irked, because it seems to me that the phrase “debt-fueled consumption” strikes the following chord: every American household was loading up on home equity debt just…

…meet that requirement are Treasury Bills, Notes and Bonds and since all of those are included in both ‘Total Public Debt’ and ‘Debt Subject to the Limit’ this means that…

…bond yields and fluke periods of excessive rents combined fortuitously with an absurdist survivor bias. Otherwise, Modigliani-Miller should be correct and when you start measuring corporate returns against Government bonds,…

Dr. Thoma excerpts from Paul Krugman’s NY Times Commentary: Debt and Denial. Dr. Krugman writes: “In 2005 spending on home construction as a percentage of G.D.P. reached its highest level…

Financial Times takes a look at the question of how high profit margins are obtained in a high unemployment and high debt economy: The key to the first question is…