Relevant and even prescient commentary on news, politics and the economy.

On student loans

Most students who attend medical school in the US do so with student loans. Yes, some have military scholarships and some have wealthy parents, but most don’t. I’m guessing that most students reckon they’ll easily pay off the loans with the income that an MD or DO degree commands, and so far, they’ll be right. […]

DeSantis unveils economic plan, aim to ease process for discharging student loans through bankruptcy

This article came by way of Dale Coberly. In particular, Dale thought making student loans the responsibility of universities rather than students was enlightening. Florida Gov. Ron DeSantis unveiled a new economic plan Monday as part of his 2024 presidential bid that includes a goal of easing the path for student loans to be discharged […]

On inheritance, college tuition and college loans

My parents died as paupers, so there wasn’t anything for me and my four siblings to “inherit” upon their deaths. No matter. I figure I got my inheritance on the front end, because my folks paid for my college education: tuition, room and board. Even correcting for inflation, tuition* at the University of Tennessee was […]

‘There’s no way I can pay it’: Americans dread restart of student loan payments

About the time I was talking to USC’s Associate Director and Alan Collinge at the Student Loan Justice Facebook site, Michael “The Guardian” reporter was talking to students there about payback issues. Everyone is concerned about the startup of loan paybacks. It is a serious issue for most. ‘There’s no way I can pay it’: […]

Standing May Be Critical to How SCOTUS Rules on Student Loan Relief

Some of Insider’s reporting, Justice Barrett and the courts wording, and my comments intermingled in this post. Amy Coney Barrett Might Have Undermined Student-Debt-Relief Lawsuit, businessinsider, Ayelet Sheffey On Thursday, Justice Amy Coney Barrett delivered the opinion in Haaland v. Brackeen, which challenged the Indian Child Welfare Act of 1978 allowing Native American children to remain with […]

Open Thread June 17, 2023 Students Loans

Maybe you have been unaware of it, the repayment of student loans is to begin again come September 2023. President Biden had stopped all payments and interest accruing early on during the Covid Pandemic. Offering up reductions of ten to twenty thousand in reductions for outstanding loan was apart of the president’s plan. For many […]

The hard Financial Lessons for Two Entities

The End of Easy Money: Bankruptcy Filings Pile Up at Fastest Rate since 2010, Wolf Street, Wolf Richter. t’s turning into a banner year for corporate bankruptcy filings. Easy Money has caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. Those yield-chasing […]

Door Wide Open for Republicans on Student Loans

Door Wide Open for Republicans on Student Loans, Alan Collinge, Student Loan Justice, Medium. Angry Bear has featured Alan and Student Loan Justice Org. well over a decade now. In the manner they are written, these loans by the Federal Government and maintained by private enterprises are akin to loans made by a hypothetical student […]