Discover a new way to find and share stories you'll love… Learn about Reading Desk

Post Profile



On Student Loans, Accounting Gimmicks, Electric Cars, FX and a note on SS

Student Loan Battle There was a big fight in D.C. this past week over student loans. The issue is a scheduled increase in interest on new student loans from 3.4% to 6.4% set for July 1. Clearly this is a dumb plan. I don’t see any political opposition to the idea that the summer of 2012 is a horrible time to double the cost of student loans. It will shock no one that the ‘solutions’ being put forward by the politicos are the same ones they propose for every other problem.
read more

share

Think Tank Shreds Elizabeth Warren's Student Loan Reform Plan As A 'Cheap Political Gimmick'

Business & Finance : Business Insider: Clusterstock (last year)

Elizabeth Warren made headlines last week for saying that she believed students should pay the same rate for loans as big Wall Street banks, 0.75%. The Obama administration extended 3.4% interest rate on subsidized federal student l... Read Post

Student Loan Interest Rate Deal Doesn’t Prevent Other Loan Costs From Going Up

US Politics / Liberal : Think Progress (2 years ago)

Senate and House leaders announced this week that they have a tentative deal to prevent an increase in federal student loan interest rates that is scheduled to occur on July 1st. If Congress does indeed come to an accord, students w... Read Post

Congress Is Preparing Another Worthless Temporary Compromise On Student Loans

Politics : Business Insider: Politix (2 years ago)

There was a big fight in D.C. this past week over student loans. The issue is a scheduled increase in interest on new student loans from 3.4% to 6.4% set for July 1. Clearly this is a dumb plan. I don’t see any political opposition ... Read Post


Copyright © 2011 Regator, LLC