Student loan

Questions for students and their parents:  If college cost $750,000, would you still attend, taking out student loans to meet that amount?  How about $500,000?  No?  How about the $50,000 to $250,000 it currently costs, then?  In other words, what is the true price tag for ‘ensuring success’ in society, and why has it been rising so aggressively over the past 50 years?  In turn, what are the actual – versus perceived – dividends of such an “investment”?  In this episode of Money and Fear, we’ll look at the impending Student Debt Crisis and dissipating perceptions of college as an i

Education Secretary-designate Betsy DeVos testifies on Capitol Hill in Washington, Tuesday, Jan. 17, 2017, at her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee. (AP/Carolyn Kaster)
WASHINGTON – Trying to keep afloat the new debt-relief system tailored to defrauded college students, 19 states slapped Education Secretary Betsy DeVos with a federal complaint Thursday.

Fannie Mae on Wisconsin Avenue, in northwest Washington. (AP/Manuel Balce Ceneta)
So what do you do when a massive student loan bubble results in crippling leverage for an entire generation of your population rendering them financially unqualified to obtain mortgage financing and their ‘God-given right’ to a slice of the ‘American Dream’?  Well, you simply change the rules to allow mortgage lenders to ignore all that pesky student debt…anything less would simply be evil and potentially racist, sexist and all sorts of other -ist words.

Repayment rates on student loans have been grossly exaggerated.

If he does not pay by March 1, he will be arrested again.
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