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Showing posts with label student-loan forgiveness. Show all posts
Showing posts with label student-loan forgiveness. Show all posts
Wednesday, August 24, 2022

Biden Administration Extends Pause on Student-Loan Payments Until End of This Year: Has The Government Created A Moral Hazard?

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  Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other...
2 comments:
Wednesday, March 17, 2021

Sweet v. DeVos: A federal judge calls Education Department's Borrow-Defense process "Kafkaesque"

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In 2019, a group of student-loan debtors filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos.  Clai...
Monday, December 7, 2020

Is massive student-loan forgiveness off the table? The insiders prefer long-term, income-based repayment plans and that's what student debtors are likely to get

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Remember the heady days of the 2020 presidential primaries? Democratic nominees proposed massive student-loan forgiveness, and some promised...
Thursday, December 3, 2020

Steve Rhode points out that wholesale forgiveness of student loans is impossible. Bankruptcy Relief for distressed college debtors is the best option

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 Millions of words have been written about the student loan crisis. Heck, I've probably written a couple of million words about it mysel...
Wednesday, January 29, 2020

"Deserves got nothin' to do with it": Is Elizabeth Warren's student-loan forgiveness plan fair to people who played by the rules?

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An Iowa man challenged Senator Elizabeth Warren about her student-loan forgiveness plan during a campaign event in Grimes, Iowa. "I ...
Friday, October 25, 2019

Education Department official says he will resign and calls for massive student-loan forgiveness: Does he have a good idea?

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Mr. A. Wayne Johnson , the Department of Education's "chief strategy and transformation officer," announced his resignation th...
Tuesday, April 30, 2019

Senator Elizabeth's Student-Loan Forgiveness Plan Isn't Radical: The Feds are Already Forgiving Billions of Dollars in Student Debt

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Adam Levitin , writing for Credit Slip , made a profound observation about Senator Elizabeth Warren's proposal to forgive massive amount...
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Saturday, December 9, 2017

It's official: The Republicans hate student-loan debtors

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A few days ago, Republicans introduced their bill for revising the Higher Education Act. Some provisions in the GOP proposal are astonishing...
1 comment:
Tuesday, November 17, 2015

The Department of Education's so-called plan to "strengthen" the student loan system is pathetic. Do President Obama and Secretary of Education Arne Duncan really care about distressed student-loan debtors?

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On October 1, 2015, the U.S. Department of Education issued a report entitled Strengthening the Student Loan System to Better Protect All Bo...
1 comment:
Thursday, June 11, 2015

Student Loan Forgiveness for Students Who Attended One of the Schools Owned by Corinthian Colleges: I Recommend Chiang Kai-Shek's Fire Hose Approach

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Chiang Kai-shek was the  leader of the Nationalist government of China for many years, but he was also a Methodist of sorts. I read somewher...
1 comment:
Saturday, May 10, 2014

It Seemed Like a Good Idea at the Time: Student-Loan Forgiveness Programs are Making the Student Loan Crisis Worse

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The federal government's student-loan forgiveness programs--like  Germany's decision to invade Russia in 1941--must have seemed like...
1 comment: