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

Student Loan Relief in Texas

Loans at the Lege RECEIVED TUE., FEB. 28, 2023 Another Letter to The Editor from a member of Student Loan Justice Org.. “Loans at the Lege – Feedback,” The Austin Chronicle Dear Editor, The fact that Texas legislators like Ted Cruz are opposing student loan cancellation makes no sense. The state is crushed under $141 […]

Changing the Student Loan System

Recently, The American Prospect‘s David Dayen’s introduced us to a new student loan system. A new program implemented for income driven based repayments (IDR). It requires lesser payback amounts and shorter a time period than the of 25 years to pay back. Unfortunately, a person would still be in their mid-forties if everything works out […]

Student Loan Debt Relief Repayment Paused

“Student loan repayment pause extended while waiting for debt relief,” (qz.com), Ananya Bhattacharya Student loan repayments were set to restart in the new year of 2023 if not forgiven. Another six more months breathing room has been granted before those repayments start again. The US Department of Education (DoE) announced the extension on November 22. The original moratorium […]

Large Student Loan Resulting from Interest, Fees, and Penalties

Alan Collinge at Student Loan Justice Org. is showcasing on Facebook various people who still have student loans even after the small loan relief. With these student loan holders, the ten or twenty thousand will go to fees, interest, and penalties as they exist or as rolled into loans. Very little (if it does) will […]

PPP Loans forgiven and Students holding Loans can pound sand

All the delays in getting to this point. I certainly was not fooled. Biden has an extensive history of believing students will renege on their loans, when there was no evidence to support his contention early-on. By early, let go back to 1978 (link is provided). I have added other Angry Bear links to build […]

SCOTUS Strikes Again and Not in the Way You Think

The Good Note this one on your calendar, the court gets it correct. Just when you think SCOTUS will raise its ugly right-wing head again, it decides differently. I can’t tell you what the votes were for and against. This is an unsigned decision. Mabe the one who ratted on the SCOTUS-Alito’s anti-abortion decision will […]

GAO: Government Losses on Federal Student Loan Programs?

As you “should” know by now, Alan Collinge is an activist and has organized the Student Loan Justice Org a number of years ago. The Organization attempts to represent those student loan borrowers who have no recourse for forgiveness or bankruptcy as every other person in the nation has when taking out a loan? Alan […]

Older People now Outnumber Younger People With Student Loan Debt*

That coming from Alan Collinge of Student Loan Justice Org. I have been writing about him, his supporters and followers, his Org. Student Loan Justice, and the government’s response to student loans for a decade now. This is news, facts, etc. about 45 million people in 2022 and not some anecdote. The post title comes […]

Who got rich off the student loan debt crisis?

“Who got rich off the student debt crisis?” – Reveal (revealnews.org), James B. Steele and Lance Williams A bit of a story of how we got to this student loan debt debacle. It is long, tedious, and not exciting. And this is only part of it. In 2016, 42 million people were owing $1.3 trillion in student […]