As of August 2013, it appears that the U.S. Congress has come to a compromise that will roll back the doubling of interest rates on student loans from 3.4 percent to 6.8 percent. The compromise ties student loan rates to the 10-year Treasury note, adding 2.05 percentage points for undergraduates and 3.86 percentage points for […]
Is it worth it to attend an expensive college or university? Even professors are coming to the conclusion that higher education sometimes isn’t worth its costs. Claudia Dreifus, a professor at Columbia University, and Andrew Hacker, a professor at Queens College in New York, recently published Higher Education? How Colleges […]
In light of Bachmann’s recent win in the Ames straw poll, a totally meaningless poll in which the Iowa GOP faithful pay to vote and, astonishingly, have a good track record of picking the eventual nominee, I present the following without comment:
From Bachmann’s […]
There’s been a few stories in the news highlighting student loans and higher education. The first, “Seeking Arrangement: College Students Using ‘Sugar Daddies’ To Pay Off Loan Debt,” from the Huffington Post, says it all with its title. Students are being enticed into prostitution by the lure of education. […]
Students just don’t protest or organize against student loans. That’s what Matt Leichter over at Law School Tuition Bubble pointed out in a link I shared yesterday. Professor Alan Nasser, author of The Student Loan Debt Bubble, notes efforts to organize against student loans are stillborn:
- Pwn (v.) Slang term derived from the verb own, as meaning to appropriate or to conquer to gain ownership. The term implies domination or humiliation of a rival.