I’m sometimes asked if our increasing suicide rate is due to the student loan scam. As eager as I am to blame things on it, I’m a little reluctant to do so. After all, around 28% of students with such debt don’t even know it—they’ve been completely scammed by college administrators who haven’t bothered to […] … learn more→

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→

A well known financial company that has been helping and assisting students for several years to pursue their educational goals and get the best academic options they want to apply to continue their higher education. The company firmly believes that there should be no financial hindrance for students who wish to pursue their dreams of […] … learn more→

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→

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→

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→

The U.S. Department of Education is about to pilot test a new debit card for students who get federal student loans. For the federal government, it means less hassle and a way to get a glimpse at whether students are spending their student aid wisely. For the bank that gets to issue the card, it […] … learn more→

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→

There are plenty of reasons why you would want to avoid taking out Federal student loans. Here are 7 alternative ways to pay for college. The idea that will have to spend decades paying for their college education is a concept many students can’t wrap their mind around. More and more students are refusing to […] … learn more→

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→