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Category Archives: Student Debt

US Household Debt Is Rising 60% Faster Than Wages, And One Rating Agency Is Worried

In a report released today by DBRS titled “Consumer debt and debt burden”, the rating agency which is best known for keep Italian debt eligible for ECB monetization at the peak of the European banking crisis, looks at the latest Quarterly Report on Household Debt and Credit issued by the NY Fed (discussed here previously) […]

Mauldin: 8 Charts That Show How Insane The Economy Is Today

Authored by John Mauldin via MauldinEconomics.com, Since the 2008 financial crisis, there’s been a growing number of ridiculous, inane, and otherwise nonsensical economic interventions from our central bankers that fill the daily economic headlines. I have gone from the occasional smile to scratching my head now and then to "WTF" moments. All that said, the […]

How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

Authored by Michael Snyder via The Economic Collapse blog, Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never […]

Our Crazy-Making, Profiteering Education-Career Maze

Authored by Charles Hugh Smith via OfTwoMinds blog, The answer is not another $1 trillion in student loan debt to pay for another raft of declining-value credentials. So let's say we want to set up a system to help students choose a career that fits their aptitudes and interests. What would we do? How about: […]

Which College Offers The “Best Bang” For Your Tuition Buck?

Is making the investment in a college education still worth it? How much debt can you expect to have after you graduate, and how much money will you make in your career? As HowMuch.net details, Nitrocollege.com crunched the numbers from the top twenty public and top twenty private schools in the country and created a visualization […]

A Shocking Thing Happened To College Tuitions In 2016…

The staggering inflation rates of college tuition over the past couple of decades has been a frequent topic for us.  As the Wall Street Journal notes today, the cost of educating our snowflakes has soared since the early 90’s and outstripped overall inflation by nearly 4x.  It seems that the liberal indoctrination of an entire […]

It Takes Most Students Twice As Long As They Hoped To Pay Off Their Student Loans

About 70% of college students – equal to about 44 million Americans – owe a collective $1.4 trillion in student debt. And while the standard repayment plan for federal loans suggests that they should take no more than 10 years to pay back, in reality, it regularly takes twice that long. “Research from Citizens Financial […]

These Are The US Cities Where Graduates Struggle The Most With Student Debt

With tuition at private colleges routinely eclipsing the $60,000 mark, it’s more important than ever for recent graduates to settle in cities where circumstances allow them to start paying down their massive debt piles as quickly as possible. That means a city with strong job offers, but where the cost of living isn’t so high […]

Trump To Rewrite Obama Rules On Student Loan Foregiveness

A few months ago we noted that 31% of college students in the U.S., or roughly 2.4 million kids, literally admitted to using student loan money to fund their binge drinking trips to Cancun and Daytona Beach for spring break.  Now, while most of us who’ve had the opportunity to live in the real world, […]

“It’s That Time Of Year Again” – High School Graduates Forced To Face “Cruel & Unnecessary Burdens”

Authored by Simon Black via SovereignMan.com, It’s that time of year again. Countless high school students across the northern hemisphere are ceremoniously gliding their tassels from one side of their caps to the other and accepting a rolled-up piece of paper to commemorate the past four years of their lives. Many of them will be […]