Joe Biden unilaterally pulled the trigger yesterday with a Student Debt Relief Plan to fulfill his presidential campaign promise. The current plan will reduce monthly payments, cancel 10k to 20k upfront, and “wipe out” balances for certain borrowers of...
I did not anticipate an addition to Part 1 so quickly, which covered plunging consumer sentiment, declining consumption, scarcity inflation, and waning GDP. Unfortunately, recession signals are popping up so fast and furious that it’s best to ink them before they...
The student loan crisis has reached epic proportions, and it is only getting worse. The current herd of Socialist-leaning presidential candidates is pandering for votes from an indebted peasantry that signed on the dotted line to repay their student loan obligations....
Much ado has been made about the sovereign debt that America has amassed, and justifiably so; $22 trillion and counting is nothing to sneeze at. We can blame the government ’til we’re blue in the face, but soon enough we’ll all be forced to look inward for the...
We’ve all heard the dire warnings: rising college debt has spiraled out of control, setting in motion an irreversible economic crisis. But with so many news items vying for our attention, most of us forgot about the issue. Suddenly, though, the university-admissions...