A Curious Emphasis On Debt, Rather Than Costs (or Market)

Alexander Holt: Clinton’s second proposal is that “for young innovators who decide to launch either new businesses that operate in distressed communities, or social enterprises that provide measurable social impact and benefit, she will offer forgiveness of up to $17,500 of their student loans after five years.” Let’s see how that would work. Government officials … Continue reading A Curious Emphasis On Debt, Rather Than Costs (or Market)

How Wall Street Profits From Student Debt

Raul Carrillo: As the presidential primaries rumble on, the candidates — especially Bernie Sanders and Hillary Clinton — have debated college affordability and Wall Street greed. Unfortunately, no one is confronting the links between the two. More than 40 million Americans have student debt, totaling at least $1.2 trillion. On average, borrowers out of school … Continue reading How Wall Street Profits From Student Debt

K-12 Tax & spending climate: China Selling US Debt Holdings

Bloomberg Chinese sales of U.S. government debt may have kept yields from falling this month as a selloff in global stocks prompted investors to favor the safest assets. “By selling Treasuries to defend the renminbi, they’re preventing Treasury yields from going lower despite the fact that we’ve seen a sharp drop in the stock market,” … Continue reading K-12 Tax & spending climate: China Selling US Debt Holdings

Clinton’s $350 billion College Spending Growth Plan

Wall Street Journal The plan—dubbed the “New College Compact” and estimated to cost $350 billion over 10 years—would fundamentally reshape the federal government’s role in higher education by offering new federal money, but with strings attached. States would have to increase their own spending on higher education, and universities would be required to control spending, … Continue reading Clinton’s $350 billion College Spending Growth Plan

The traditional US college model forces students to pay for classes they don’t need

Jake Flanagan: On Aug. 10, Democratic candidate for US president Hillary Rodham Clinton unveiled a $350 billion plan to eliminate college debt and allow young Americans to complete four-year degrees without taking out loans. Some see Clinton’s plan as a crucial step in the right direction. These days, it’s virtually impossible to self-finance an American … Continue reading The traditional US college model forces students to pay for classes they don’t need