Tag Archives: STUDENT LOANS

MLK died warning us about inequality back in the 60’s | Social #Activism on Blog#42

I came across an excellent mash-up of segments from Martin Luther King’s speeches on poverty and the end of an interview of James Baldwin in PBS’ “The Negro and The American Promise.” These two men expressed, in ten minutes and fifty three seconds, far more than Thomas Piketty did in a seven hundred-page book. Continue reading MLK died warning us about inequality back in the 60’s | Social #Activism on Blog#42

The Federal Reserve Is Telling Us The Economy Is Pitiful

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08/07/2014

Fewer than one-third of Americans report being better off financially than they were five years ago, with weak household savings and hefty debt burdens holding back large segments of the economy, according to a new Federal Reserve survey. Continue reading The Federal Reserve Is Telling Us The Economy Is Pitiful

Elizabeth Warren faces right-wing stooge: Here’s who’s quietly funding her top critic – Salon

By David Dayen

David Dayen

Today, the Senate votes on Elizabeth Warren’s bill to refinance previously issued student loans to current rates, which would save borrowers $55 billion over 10 years. The bill is designed to play up a contrast between the two parties on student aid; it’s not going to pass. And ultimately we need to give young people a free or near-free public option for higher education, rather than modestly subsidize the indebtedness that causes delays in major purchases and harm to the economy. But you could certainly do worse than reducing the massive amount of money the government makes off student borrowers (and I don’t think you have to pay for it; an investment in higher ed pays off itself in the long run). Continue reading Elizabeth Warren faces right-wing stooge: Here’s who’s quietly funding her top critic – Salon