student loans

Trump announced $50 billion in federal funds will be used to combat coronavirus, there is a total freeze on interest for $1.5 trillion in student loans, most visits to nursing homes will be suspended, and more.

The stock market continues to soar. My financial advisor ignores me when I wring my hands and tell her to change my asset allocation so that I have less stock. By ignoring me, she's brought me a lot more money. But I would just feel so much safer in more bonds and real estate and less sticks. Because, everyone knows this asshole is going to crash the market at some point.

As someone who has been a union member since I was a Marine with the American Servicemen’s Union until I retired last year as a Teamster as well as a member of the Industrial Workers of the World, I have lived the reality of mistreatment of workers in the United States.

The 2020 presidential election in the United States may be the most critical political event in human history. At no time in the history of global civilization have human beings faced existential crises on a global scale. Regional crises of the past 10,000 years reveal that economic regimes have often outstripped local and regional resources, but these crises remained regional in scope. Today, however, the excesses of global capitalism have driven all of humanity to the brink of ecological and civilizational collapse.

This article starts off this week's blogs in an unusual way, not because I'm long overdue for one of my rants about Amairkuhn edgykayshun, […]
The post AMAIRKUHN EDGYKAYSHUN: THE REVENGE OF THE ADJUNCTS appeared first on Giza Death Star.

We want one class of persons to have a liberal education, and we want another class of persons, a very much larger class, of necessity, in every society, to forgo the privileges of a liberal education and fit themselves to perform specific difficult manual tasks.
—Woodrow Wilson, then president of Princeton University, said the following to the New York City School Teachers Association in 1909

Authored by Paul Craig Roberts:

This week I opened up the phone lines and did a call in show. We had friend of the show Jon Gold call in to discuss the recent attacks on Ilhan Omar and the continued exploitation of 9/11 trauma. Jon talked about the recent spate of politicians and media figures invoking 9/11 and the “Never Forget” mantra to score political points. Later Kai called in to talk about the political situation in Sudan. We discussed the recent coup which has removed long time leader Omar al- Bashir, and the grassroots protest movement that fomented this change.

Purdue University, for example, sidesteps student loans by offering student income-sharing agreements that turn students into equity investments instead of debt assets. It seems to be working well.

US student loan debt stands at $1.5 trillion and cannot be erased through bankruptcy. The youth of America are captives to colleges and universities that hold a monopoly over credentials. A hundred schools have endowments worth over a billion dollars.