Student Welfare for Post Graduates and Universities

Here’s another boondoggle brought to you by our government: post graduate student welfare as loan forgiveness. Basically, public debt and/or taxpayers are being used to provide people going into professional and profitable careers a massive subsidy. Perhaps more importantly, the government sustains the college tuition bubble a bit longer by providing this subsidy. When you hear candidates try to come up with a way to give out free community college, you might get the impression that we are Read more […]

Is The Federal Reserve Looking At Monetizing Student Loan Debt?

From the Main Street website: Rising student loan debt is a probable risk that might slow down a strong economic recovery, New York Federal Reserve Bank President William Dudley said Wednesday. “It’s a prospective risk that we need to analyze further,” Dudley told reporters at a press conference at the New York Fed. “The fact is that the student loan burden is climbing pretty sharply, and the fact is that it cannot be discharged.” Real wages have been sluggish to rise, increasing the burden of Read more […]