It’s the Learning, Stupid
By Jamie Merisotis - EvoLLLution. Have you heard about the graduate from Stanford who went deeply in debt getting a degree in classics, only to find no job on the other side of graduation? Now she’s prepping iced caramel macchiatos for minimum wage. More...
Taking issue with the ESRC-funded ‘Alternative Politics of Debt’
The Political Economy Research Centre (PERC) at Goldsmiths, University of London, recently put up a post entitled ‘Debt Briefing 01: Student Debt in the United Kingdom‘. This was part of an ESRC-funded project on ‘Crafting an Alternative Politics of Debt’. More...
Who's profiting from $1.2T of federal student loans?
Loan Guarantor to Ask Supreme Court for Relief
The loan guarantor USA Funds plans to file a petition with the U.S. Supreme Court today seeking to overturn a federal appeals court ruling that barred the agency from collecting fees from a borrower who had defaulted on her student loan but started repaying it. Read more...
More Grads Have 'Excessive' Debt
By Doug Lederman. The growing public focus on student loan debt in recent years has been driven by some numbers that really matter (like the passing of the $1 trillion threshold in the amount of total outstanding loan debt) and some that are less meaningful (anecdotal reports about the occasional baristas who accumulated $120,000 in debt, an outlier level when the average is about a quarter of that). Read more...
Senate Deal Would Revive Perkins
By Michael Stratford. Bipartisan agreement would renew the expired loan program for two years -- but with some new eligibility restrictions that concern colleges. Read more...
Graduates who move overseas to be forced to pay back student debts
Student loan expansion relies on ‘accounting trick’
By John Morgan. Government’s moves to lower student loan write-off ease path to postgraduate and part-time lending. More...
Postgrad loans of £9k recommended by Scottish government review
By Chris Havergal. Debt could be repaid if students stay in Scotland to work after course finishes. More...