Tag Archives: student loans

Forgiving student loans is useless without punishing the thieving schools

Forgiving student loans is useless without punishing the thieving schools

Another election is on the horizon, and already politicians are getting votes in the usual way: promising “free stuff.” Normally, I’m against the notion of getting something for “free” from the government, but I have an exception for student loan forgiveness, for many of the victims of our higher education system. Lest the gentle reader […] … learn more→

Student loans warping society

Student loans warping society

I’m often asked about the long term effects on our culture from the huge student loan scam. I don’t have a crystal ball, so I have only conjecture, but a recent article from Buzzfeed (bear with me, I’ll be making corrections) tries to address this problem: Jen’s story is like a lot of people’s stories. […] … learn more→

Losing your job to student debt

Losing your job to student debt

Government stupidity clearly knows no bounds. We have tens of millions of people now with student loan debt, a debt which is often too large to pay back thanks to government interference, and cannot be cleared via bankruptcy. But the government wants “its” money, and gets to create the laws. We’re already seeing students loans […] … learn more→

A look at the most predatory student loan lender

A look at the most predatory student loan lender

Most people are entirely unaware of how serious the student loan problem is, so allow me to put it in context. Smoking tobacco is universally agreed to be a very bad thing to do. We have almost 38 million smokers in this country, and over 80% of smokers regret taking up the habit. We have […] … learn more→

Columbia MFA students demand tuition refund

Columbia MFA students demand tuition refund

I know this is something of old news…but today’s topic just strikes me as a more important phenomenon for higher ed than anything in the “top 10” of last post. We now have nearly an entire class of students at a good school asking for refunds. When it comes to student loans, the most painful […] … learn more→

The student loan scam explained

The student loan scam explained

It’s been a while since I discussed the core issue which has done so much harm to higher education: the student loan scam (so long, in fact, that a reader asked me to explain what I meant by it, and so here we are). The Rise of the Jumbo Student Loan Most students with loan […] … learn more→

Fix for borrowers with loan discharges comes up short in tax reform

Fix for borrowers with loan discharges comes up short in tax reform

For all the tax reform provisions that will take away benefits from borrowers and colleges, there’s one important addition in the House legislation–excluded from the Senate’s version of tax reform that was published over the weekend–that will help vulnerable students and their families: making student loan discharges due to death or disability nontaxable income. Currently, […] … learn more→