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Elizabeth Warren's Plan To Give Students The Same Cushy Loan Rates As Big Banks Isn't All That Great
Sen. Elizabeth Warren (D-Mass.) made waves last week when she went to bat for cash-strapped college students, introducing a bill that would let them take out federal student loans at the same dirt cheap interest rates as big banks. Warren's...Show More Summary
Mel Watt, Nominee to Head FHFA, Opposes Administration by Voting to Deregulate Derivatives
Good progressives like MoveOn, New Bottom Line, the Alliance of Californians for Community Empowerment, AFR, Elizabeth Warren, and Richard Trumka, head of the AFL-CIO have all fallen in line with Obama's nomination of Mel Watt, Representative from Bank of America. It might help if they looked harder at Watt. If they were honest about it, there's not much to like.
Al Franken and Elizabeth Warren join fight against chained CPI
Sens. Elizabeth Warren and Al Franken added their very strong and very progressive voices to the fight to stop the chained CPI, and any cuts to Social Security, in a summit this week organized by Social Security Works. Along with Sens. Show More Summary
Warren: Treat Students As Good As Banks
Sen. Elizabeth Warren (D-Mass.) unveiled her first bill Wednesday, designed to set student loan interest rates at the same level the Federal Reserve offers to big banks. With some student loan rates set to double on July 1 -- from 3.4...Show More Summary
Elizabeth Warren Wants Students to Have Same Privileges as Wall Street
As a recent study indicates that college and universities are giving financial aid to rich students at the expense of poor ones Senator Elizabeth Warren is offering a bill to bring student debt relief. Warren says students should get the same rates as Wall Street.
Two Proposed Student Loan Bills Could Help Law Grads, Won't Pass
Much respect to Senator Elizabeth Warren, the first-term Congresswoman who beat incumbent Republican Scott Brown for one of Massachusetts’ seats in the Senate. According to the Los Angeles Times, a big reason for her victory was her embrace of the Occupy Wall Street movement and criticism of big banks. And......
More on the bad economics of Elizabeth Warren’s student loan proposal
Pitting Federal Reserve risk-free short-term lending to banks versus long-term risky lending to students was pure political demagoguery.
Elizabeth Warren finds way to inflate Higher Ed bubble even more
Warren's first bill should be called the "Harvard Tuition Subsidization Act of 2013"
Carl Gibson: Benghazi: The Shiny Object Distracting Us From Elizabeth Warren
The banks aren't creating anything real, just imaginary financial instruments. But ensuring that more people have access to a college education will only improve society in the long run. So why are we bleeding poor students dry while giving big banks preferential treatment?
Elizabeth Warren: Students Should Get the Same Rate as the Bankers
Consumer protection maven Sen. Elizabeth Warren, D-Mass., introduced her first piece of legislation this week, a proposal that would allow students to take out government educational loans at the same rate that big banks pay to borrow from the federal government. Show More Summary
Sen. Warren proposes deep discounts for federal student loans
(CNN) - On average, student loan borrowers end up carrying debt loads of $27,000. The interest rate on federal student loans is set to double this summer if Congress does not do anything about it. Sen. Elizabeth Warren, D-Massachusetts, has introduced her first piece of legislation – a bill that would give a steep, temporary […]
MSNBC Host Embarrasses Himself, Asks Dem Senator for Her Autograph
Wrapping up a fawning interview with Massachusetts Democratic Senator Elizabeth Warren on MSNBC's The Last Word Wednesday night, left-wing host Lawrence O'Donnell couldn't hold back his glee at Warren proposing her first piece of legislation. Show More Summary
In Hard-Hitting, Adversarial Interview, Lawrence O’Donnell Asks For Sen. Warren’s Autograph
If this isn’t comforting the afflicted and afflicting the comfortable, I don’t know what is. During an interview with Sen. Elizabeth Warren (D-MA) on Wednesday night, MSNBC prime time host Lawrence O’Donnell traded ideas on how Rep. Edward Markey (D-MA) can win in his bid to succeed Secretary of State John Kerry. Show More Summary
MSNBC Host Fawns Over Elizabeth Warren and Asks for Her "Autograph"
Did you know that Massachusetts Sen. Elizabeth Warren was a celebrity? Apparently MSNBC host Lawrence O'Donnell thinks so. After all, he...
Elizabeth Warren: Give Students Same Loan Rate as Big Banks
Senator Warren Introduces the Bank on Students Loan Fairness Act, her first piece of stand-alone legislation, on Wednesday, May 8, 2013. The bill would enable students who are eligible for federally subsidized Stafford loans to borrow...Show More Summary
Warren: Student-Loan Rate Should Be Same as Banks
Stan Honda, AFP/Getty ImagesMassachusetts Sen. Elizabeth Warren.
BOSTON -- U.S. Sen. Elizabeth Warren is calling on Congress to stop student loan interest rates from doubling this summer.
The Massachusetts Democrat introduced a billShow More Summary
Should students get the same sweetheart lending rates as banks?
Sen. Elizabeth Warren (D-Mass.) has a plan to ease the student-debt crisis: She introduced a bill on Wednesday that would let college students take out loans at the same rate banks get when they borrow from the Federal Reserve. The rate...Show More Summary
Abbreviated Pundit Round-up: Do we have another SARS?
MASSACHUSETTS Opinion of Elizabeth Warren: Generally favorable 59% / Generally unfavorable 33% / Unsure 9% (Suffolk U./7News, LV, 5/4-7) — @pollreport via web MASSACHUSETTS U.S. Senate: Edward Markey (D) 52% / Gabriel Gomez (R) 35% /...Show More Summary
Elizabeth Warren’s plan to lower interest on student loans is pretty awesome
Just give students the same interest rate on their loans as the big banks get from the Federal Reserve. Seems fair.
Students as Important as Banks, Elizabeth Warren Says in Bill Introduction
The senator’s first piece of stand-alone legislation is aimed at giving students who take out federally subsidized loans the same interest rate the big banks get when they borrow from the government. Student loans rates are set to go up to 6.8 percent July 1. Meantime, the big banks responsible for plunging the economy into a recession a few short years ago pay just 0.75 percent