Essays about Texas

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Friday, August 12, 2016

Restaurant chains can file for bankruptcy if they borrow too much money--but the bankruptcy courts are virtually closed to distressed student-loan debtors

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A least four large restaurant chains have filed for bankruptcy this year--a sign perhaps that the economy is slipping back into recession. ...
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Thursday, August 11, 2016

The White House Council of Economic Advisers issues a feel good report on federal student loans: Ignoring reality

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President Obama's Council of Economic Advisers reminds me of the French Army during the spring of 1940 as German panzer columns were str...
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Monday, August 8, 2016

University of Wisconsin at Stout removes historic paintings that might make some students "feel bad": We don't need no stinkin' art!

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Who controls the past controls the future. Who controls the present controls the past. George Orwell In the latest incident of  higher...
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Wednesday, August 3, 2016

Federal Reserve Bank Report: Households with "negative wealth" tend to have high levels of student loan debt. Should we be surprised?

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Households with more debt than assets are said to have "negative wealth." In other words, they owe more than they own. Or to put i...
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Tuesday, August 2, 2016

St. Catharine College of Kentucky is in receivership: More small colleges will close as federal oversight squeezes small liberal arts colleges out of business

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Last month, St. Catharine College closed its doors for the final time. More than 100 faculty members and staff were laid off, and a federal...
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Saturday, July 30, 2016

Consumer Reports' article on student loan debt: A missed opportunity to give students some clear warnings

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Consumer Reports' August issue ran a cover story on student loans, which led with this arresting quote: "I Kind of Ruined My Lif...
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Monday, July 25, 2016

The Department of Education has 517 colleges on its"Heightened Cash Monitoring" list due to perceived risks to students and taxpayers: Is your college on the list?

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The Department of Education recently released its updated list of colleges that are targeted for " heightened cash monitoring " d...
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