The Atlantic recently declared that the 2012 presidential campaign is “no longer about the economy”; that is to say, given the dire economic straits in which we still find ourselves, it is surprising how much attention the candidates are giving to peripheral issues such as Medicare, welfare, and most importantly for our purposes, student loans. […]
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When Victor Hugo claimed that all the world’s armies are powerless against an idea whose time has come, he probably had in mind good ideas. But the time can come for a bad idea also. Low-cost student loans, embraced by President Obama, Governor Romney, and Congressional leaders of both parties, is a bad idea. Students […]
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Alan Michael Collinge is back in his gadfly role agitating against the student loan industry. Collinge is the author of last year’s The Student Loan Scam: The Most Oppressive Debt in U.S. History—and How We Can Fight Back (Beacon Press) and founder of the website studentloanjustice.org, dedicated to, among other things restoring the bankruptcy protection […]
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Andrew Gillen of the Center for College Affordability and Productivity wrote this note to Charlotte Allen to clarify comments of his in Allen’s article today on student loans: Charlotte, I saw your article on student loans is up at Minding The Campus. I liked it, but at the very end, you have a long quote […]
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Shortly after his inauguration in January President Obama announced a proposal to get rid of a 44-year-old program known as the Federal Family Education Loan (FFEL) program. In the FFEL system, the federal government guarantees loans to students from private banks and similar institutions under a variety of programs (the best known is the so-called […]
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“Fear of Debt Changes College Plans” from USA Today.
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Peter Wood has been active at the NAS site, issuing additional comment on the latest permutation of the ongoing student loan scandal (if you haven’t, do catch his initial summing-up of the case Those Scandlous Student Loans). This week, George Miller, Chair of the House Education and Labor Committee, introduced a bill to reduce federal […]
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