Essays about Texas

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Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts
Wednesday, October 18, 2023

Rite Aid files For Bankruptcy: Shoplifting’s Got Nothing To Do With It

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 Rite Aid, once the nation’s largest pharmacy chain, filed for bankruptcy earlier this week. Why? According to the New York Times , Rite ...
2 comments:
Saturday, July 1, 2023

The Supreme Court Strikes Down Biden’s Student Loan Forgiveness Plan: The President Scrambles to Appease College Debtors

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 To no one's surprise, the Supreme Court struck down President Biden’s student loan forgiveness plan. The president should have seen it...
3 comments:
Friday, January 1, 2021

Post-Modern America is as vicious and dysfunctional as Victorian England, the Weimar Republic, and 17th century France

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If you get your news from network television, you are being bombarded by commercials about prescription medicines and financial services.  T...
Friday, December 18, 2020

Mosley v. Educational Credit Management Corporation: "It's not personal. It's just business."

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The U.S. Department of Education and Educational Credit Management Corporation (ECMC), DOE's ruthless sidekick, don't want anyone t...
15 comments:
Saturday, March 21, 2020

The coronavirus pandemic and broad relief for battered student-loan debtors: Congress needs to go big or go home!

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The coronavirus pandemic rolls along like a tropical storm gathering force in the Gulf of Mexico. Every day, it kills more Americans and...
Friday, October 26, 2018

Augustin v. U.S. Department of Education: Adventures in Fantasy Land

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In  April 2016, Pierre Augustin filed an adversary complaint in a Maryland bankruptcy court, seeking to discharge $210,000 in student loan ...
1 comment:
Wednesday, October 24, 2018

Education Corporation of America files for receivership: Using lawyers' tricks to suck up more federal student-loan money

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Education Corporation of America (ECA), a for-profit college chain, filed a lawsuit a few days ago in an Alabama federal court. The lawsuit ...
4 comments:
Tuesday, July 10, 2018

Alexandra Acosta-Coniff v. ECMC: A single mother wins bankruptcy relief from student loans but sees victory snatched away on appeal

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In 2013, Alexandra Acosta-Conniff, an Alabama school teacher and single mother of two children, filed an adversary proceeding in an Alabama ...
Sunday, January 14, 2018

Attention, Student-Loan Debtors: You Are Being Evicted from the Middle Class

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Evicted: Poverty and Profit in the American City tells the story of how greed and the nation's legal system have driven poor Americans ...
Wednesday, January 3, 2018

James Howard Kunstler's negative assessment of American higher education is spot on

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James Howard Kunstler posted an essay a few days ago containing his predictions for American higher education in the coming year. He predic...
Thursday, October 26, 2017

Like a Galapagos tortoise, Education Department ponders debt relief for students victimized by the for-profit colleges

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Corinthian Colleges  filed for bankruptcy in 2015, and ITT Tech went bankrupt a year later. Together, the two for-profit college companie...
3 comments:
Saturday, October 7, 2017

Alan and Catherine Murray discharged more than $200,000 in student loans in a Kansas bankruptcy court and their victory was affirmed on appeal: Good news for middle-income college borrowers

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In a previous essay , I wrote about Alan and Catherine Murray, a married couple in their late forties who defeated Educational Credit Manage...
2 comments:
Wednesday, October 4, 2017

Betsy DeVos sabotages Obama's borrower-defense rule for processing student borrowers' fraud claims: She fears students will get "free money"

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The collapse of Corinthian Colleges and ITT Tech shined a light on the seedy for-profit college industry.  Both for-profit college compani...
2 comments:
Thursday, September 21, 2017

Does Citizens Bank routinely make student loans to people attending non-approved foreign colleges?

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Awhile back, I posted an essay on Decena v. Citizens Bank , a bankruptcy court case that was decided last year in New York. Lorelei Decena...
3 comments:
Friday, January 6, 2017

Globe University and Minnesota School of Business are closing: We need federal legislation to manage college shutdowns

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Globe University and Minnesota School of Business (MSB) began closing their campuses last month. The two for-profit institutions once opera...
2 comments:
Wednesday, November 30, 2016

Betsy DeVos, Trump's choice for Secretary of Education, has the power to ease the suffering of student-loan debtors

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Betsy DeVos, Donald Trump's choice for Secretary of Education, has no experience in higher education, and that may be a good thing for s...
5 comments:
Monday, September 26, 2016

Department of Education strips the Accrediting Council for Independent Colleges and Schools (ACIS) of its accrediting authority

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DOE drops the hammer on ACICS Last week, the U.S. Department of Education announced that it is stripping the Accrediting Council for Inde...
12 comments: