And a “forgiveness stimulus” would have a limited impact. According to my calculations based on data from the Education Department’s Direct Loan Program, annual payments and default collections total about 5.6 percent of these outstanding direct loans. If this proportion is similar for other kinds of education debt, then forgiving...
20 Dec, 2011 [ (0) Comment ]
Problems With Federal Student Loan Rehabilitation System Cost Taxpayers Millions
16 Nov, 2011 [ (0) Comment ]
Federal Student Loan Program Investigated during Massachusetts College
The U.S. Department...
29 Oct, 2011 [ (0) Comment ]
Student loan forgiveness: 5 ways Obama wants to palliate tyro debt
Previous | Next 0Gan Golan of Los Angeles, dressed as the "Master of Degrees," holds a ball and chain representing his college loan debt during Occupy DC activities in Washington. As President Obama prepared to announce...
26 Oct, 2011 [ (0) Comment ]
Obama appeals to immature electorate with guarantee of obscure tyro loan payments
DENVER - President Barack Obama recalled his struggles with student loan debt as he unveiled a plan Wednesday that could give millions of young people some relief on their payments. Speaking at the University of Colorado Denver, Obama said that he and his wife, Michelle, together...

