
Debt is a fantastic way to control people, because politicians can offer to relieve portions of that debt in exchange for votes. The political battlespace has been well-prepared by teaching citizens to hate the banks that loan them money to fulfill their ambitions and satisfy their desires.
by John Hayward5 Jan 2016, 12:33 PM PST0

A study published by the National Bureau of Economic Research found that nearly all of the increases in college tuition since 1987 can be explained by the increase in student loans made more available by government policy.
by John Sexton22 Dec 2015, 7:01 PM PST0

With 27 percent of student loan borrowers in default, Democrats want to shift blame away from the multi-billion dollar indirect Obamacare tax that is driving interest rates up on student loans.
by Chriss W. Street7 Oct 2015, 12:26 PM PST0

The 13-year-old social media star CJ Pearson, whose YouTube videos criticizing President Obama have gone viral, joined Cruz for President this month to help reach out to millennial voters through the campaign’s “youth operation” and talked about his new venture to Breitbart News.
by Alex Swoyer21 Sep 2015, 7:30 PM PST0

Despite the Labor Day unemployment rate supposedly falling to 5.1 percent, the total delinquent loan amount for the 40 million student loan borrowers is now about $340 billion, according to the US Department of Education’s Federal Student Aid website.
by Chriss W. Street8 Sep 2015, 4:30 AM PST0

The Wall Street Journal calls Clinton’s plan an “attempt to address a source of anxiety for American families while advancing one of the left’s most sweeping new ideas.” It’s no surprise the Left did everything it could to heighten that anxiety before terrorizing people into a “solution” that would spread its sweeping ideas. The WSJ dryly notes that information about Hillary’s plan “will be a key element of campaigning on college campuses this fall.” I’ll just bet it will.
by John Hayward10 Aug 2015, 11:27 AM PST0

A new study from the New York Federal Reserve faults the federal government’s policy of boosting aid to families in recent decades to make college education more affordable, because it enabled institutions to raise tuitions much faster than inflation.
by Chriss W. Street7 Aug 2015, 6:52 AM PST0

Florida Senator Marco Rubio (R-FL) made the case that his background made him well-suited to take on Democratic frontrunner Hillary Clinton at the beginning of Thursday’s Fox News debate, arguing that she would be unable to play the Democrats’ usual class warfare games against him.
by Sarah Rumpf6 Aug 2015, 6:58 PM PST0

The Minneapolis Star Tribune brings us the infuriating story of Hamaz Ahmed, 20, and Hanad Mustafe Musse, 19, two Twin Cities college students who allegedly used federal student loan money to buy plane tickets to the Middle East to join ISIS.
by John Hayward20 May 2015, 12:41 PM PST0

On Tuesday, the Securities and Exchange Commission announced it was charging ITT Educational Services Inc., its chief executive officer Kevin Modany, and its chief financial officer Daniel Fitzpatrick with fraud, alleging that they hid from the company’s investors the how badly two student loan programs were performing.
by William Bigelow12 May 2015, 6:22 PM PST0

Harris stated that she may be able to wipe out student loans through a “closed-school loan discharge”, a rule that provides students with debt relief if they cannot complete their education because their school closed. But “closed-school loan discharge” means former students are not eligible for debt relief, and students that try to transfer with completed class credits lose their eligibility for any debt relief.
by Chriss W. Street7 May 2015, 4:00 AM PST0

A university degree was once perceived as the social elevator to a higher net worth. But the Federal Reserve Bank of New York estimates that 40 million Americans have racked up an average of four loans with an outstanding net balance of $29,000 to obtain a college education.
by Chriss W. Street15 Apr 2015, 7:58 PM PST0

During CPAC, Spyridon Mitsotakis of Breitbart News caught up with Katie Kieffer, author of “Let Me Be Clear.” The title turns Barack Obama’s famous catchphrase against him.
by Spyridon Mitsotakis4 Apr 2015, 2:23 PM PST0

Even a CNN commentator is noticing that the Obama economy doesn’t look good for millennials. And if we’re going to fix a big problem that stands to ruin the hopes of an entire generation, we need to think about big solutions, not just finger-pointing.
by John Hayward19 Mar 2015, 9:01 AM PST0