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Showing posts with label student debt. Show all posts
Showing posts with label student debt. Show all posts
Thursday, June 27, 2019

Wipe Out Student Debt and Everyone Wins, Says Bernie's Economist — Katia Dmitrieva and Alexandre Tanzi

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  Positive reporting. MMT is now being taken seriously. Bloomberg Wipe Out Student Debt and Everyone Wins, Says Bernie's Economist...
1 comment:
Wednesday, April 24, 2019

Jeff Spross — Why canceling student debt could be good for everyone

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It's difficult to project precisely what the overall economic impact of this would be. Student debt is distributed all up and down the ...
2 comments:
Wednesday, June 20, 2018

Katrina vanden Heuvel — Americans are drowning in student-loan debt. The U.S. should forgive all of it.

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I'll break a self-imposed rule and link to the WaPo for this. The debt burdens not only the debtors but also the entire economy by d...
10 comments:
Monday, February 12, 2018

Ben Schiller — Want To Stimulate The Economy? Cut Student Debt–Not Taxes

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The recently passed Republican tax cut package will cost about $1.4 trillion over a decade, according to independent figures. It’s a very e...
11 comments:
Friday, February 9, 2018

Ryan Cooper — The case for erasing every last penny of student debt

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Student loan debt is a crushing problem in America. Over 44 million people have such loans, with an average balance of about $30,000 — mak...
9 comments:
Wednesday, February 7, 2018

Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum — The Macroeconomic Effects of Student Debt Cancellation

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Download PDF at link below. The Levy Institute The Macroeconomic Effects of Student Debt Cancellation Scott Fullwiler, Stephanie Kelto...
2 comments:
Friday, June 2, 2017

Michael Hudson — Are Students a Class?

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Debtor class. Hudson shows how debt is a key element of the strategy of finance capitalism. ...the financial class views the role indu...
2 comments:
Monday, May 29, 2017

Michael Hudson — Another Housing Bubble?

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Another good one from Michael Hudson. Covers student debt too. Michael Hudson Another Housing Bubble? Michael Hudson | President of The In...
1 comment:
Monday, November 17, 2014

Raúl Carrillo — How the U.S. Government Could End the Student Debt Crisis Today

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Instead of loaning students money, the federal government could just pay for their tuition, without causing any significant economic proble...
11 comments:
Tuesday, April 29, 2014

John T. Harvey — Student Loan Debt Crisis?

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But, despite it’s search-engine popularity and the associated journalistic sensationalism, it’s not at all evident that we are witnessing ...
Monday, November 25, 2013

Insane policy: Fed'l gov't makes a $41 billion profit on student loans

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Question: What kind of government seeks to make a profit on money that it can issue freely and without limit and when doing so serves no pu...
3 comments:
Tuesday, September 24, 2013

Tyler Kinkade — Student Debt Is Making All Your Life Choices Worse

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According to a new report from the Boston-based nonprofit American Student Assistance, a quarter of college students said their student loa...
Saturday, September 29, 2012

Zero Hedge — The Next Subprime Crisis Is Here: Over $120 Billion In Federal Student Loans In Default

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And while it is impossible using historical data to extrapolate with precision what the current consolidated federal student loan default r...
2 comments:
Sunday, July 29, 2012

Robert Oak — Student Loan Debt Time Bomb

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Student loan debt is now the next great bubble, threatening the U.S. economy as the mortgage crisis did. The NACBA [National Association of...
8 comments:
Monday, May 21, 2012

Will The Student Debt Burden Depress The US Housing Market For The Foreseeable Future? (Yes)

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So, the US has a uniquely substantial drag around its younger population that will make large portions of its younger population unable to ...
Saturday, April 21, 2012

Yves Smith — The Burgeoning Student Debt Problem

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Even though other consumer debt-bombs have done more damage, student debt is producing significant social and economic distortions. One is ...