Source: As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away – The New York Times I just had to comment on one aspect of the story. “… Here is the outrageous lie in this whole story: “…’Everybody tells you to go to college, get an education, and everything will be O.K. So […]
As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away – The New York Times
July 18, 2017 by
Loans ‘Designed to Fail’ No, Simply Designed to Make Money, Not Educate
April 10, 2017 by
Source: Loans ‘Designed to Fail’: States Say Navient Preyed on Students – The New York Times I wrote, I taught at a “non-profit” (Why they are called that, I have no idea.) “elite” university. As an insider, here is my advice for readers. I strongly recommend that everyone carefully read the paragraphs of this article […]
More Than 40% of Student Borrowers Aren’t Making Payments – WSJ
April 7, 2016 by
More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising worries that millions of them may never repay. Source: More Than 40% of Student Borrowers Aren’t Making Payments – WSJ I wrote… The $200 billion is a pittance compared […]
An Admissions Surprise (Or a Marketing Ploy?)
October 18, 2015 by
Exclusive schools say they want more diversity. Will a new application process really get them there? Source: An Admissions Surprise From the Ivy League – The New York Times I commented. Since my comments use – as examples – Washington University’s Chancellor Mark Wrighton and Provost Holden Thorp, here are links to closely related stories about […]
Link to Wash. U. Leaders’ Comments on Aid to Low Income Students
October 18, 2015 by
Link to Repayment Data
October 13, 2015 by
Student Debt Is Worse Than You Think – The New York Times
October 8, 2015 by
Why Pretend?
October 7, 2015 by
Data on non-repayment rates shows a new dimension of the problem, particularly with for-profit colleges and historically black institutions. Source: Student Debt Is Worse Than You Think – The New York Times I had to take the opportunity to comment that “The Academic-Financial Complex runs what I call a “pass-through” scheme. I understand the academic part well […]
New Data Gives Clearer Picture of Student Debt – But What About Student Assets? Do They Have Them? AND What Data? Appropriate Data? I’m Afraid Not
September 10, 2015 by
The increases in debt and default rates are concentrated among students at for-profit and community colleges, even though those students borrow less on average. Source: New Data Gives Clearer Picture of Student Debt – The New York Times Here was my comment. Two points, one just about data, the other simple business sense. First, the […]
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