Tag Archives: Student Debt Crisis

Discover To Pay $16 Million Back To Student Loan Borrowers

Posted on July 23, 2015 by markt

By Katie Lobosco CNN Money (7/22/15) Discover made it even more difficult for thousands of student borrowers to pay back their loans by misleading them on their statements, the Consumer Financial Protection Bureau said Wednesday. The bank must refund $16 … Continue reading →

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This Week’s Podcast: Red Alert! The Iceberg Of Student Loan Debt Is Sinking All Our Ships

Posted on June 17, 2015 by markt

By Richie Hoban The Daily Call (6/17/15)  This week’s podcast focuses on youtube.com with a look at “A Look at Ivory Tower:  A Documentary on Higher Education’s Spending and Student Debt”, which explores the dramatic change from liberal institutions of higher … Continue reading →

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What Would Happen If We All Stopped Paying Our Student Loans, Together?

Posted on June 17, 2015 by markt

By Jennifer Schaffer VICE (6/15/15) Everyone seems to agree: Student debt sucks. But even after we spoke to an expert about what would happen if we just stopped paying our loans, nobody seems to know what we should actually do. One possibility, promoted … Continue reading →

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The Department Of Education’s Debt-Forgiveness Plan Does Not Go Far Enough

Posted on June 13, 2015 by markt

“I’m not going to pay them anything, because it’s illegitimate debt. It’s illegal, so why would I pay them anything?” By Michelle Chen The Nation (6/10/15) On Monday, the Department of Education made a grand gesture of forgiveness, offering relief … Continue reading →

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Ten Ideas To Save The Economy #5: How To Reinvent Education

Posted on May 31, 2015 by markt

By Robert Reich Robert Reich’s Blog (5/24/15) Senator Bernie Sanders is making waves with a big idea to reinvent education: Making public colleges and universities tuition-free. I couldn’t agree more. Higher education isn’t just a personal investment. It’s a public … Continue reading →

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Bernie Sanders To Unveil Free College Tuition Bill

Posted on May 20, 2015 by markt

By Rebecca Shabad The Hill (5/18/15) Sen. Bernie Sanders (I-Vt.) is set to unveil legislation that would provide free tuition at four-year public colleges and universities on Tuesday. The Democratic presidential candidate had called for two years of free tuition earlier this … Continue reading →

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WI Dems Push For Student Loan Debt Relief

Posted on May 20, 2015 by markt

Office of Sen. Jennifer Shilling (5/19/15) MADISON – Democratic legislators have unveiled legislation to provide over 800,000 Wisconsin students and families greater relief from the growing student loan debt crisis. The Higher Ed, Lower Debt legislation being introduced by Sen. … Continue reading →

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Wisconsin Republicans Say ‘Yes’ To Big Banks And ‘NO’ To Student Loan Debt Relief

Posted on May 13, 2015 by markt

  “Simply allowing individuals to refinance their student loans at lower interest rates would save some families thousands of dollars a year.” — Sen. Jennifer Shilling. Office of Sen. Jennifer Shilling (5/12/15) MADISON - A Democratic proposal to provide thousands … Continue reading →

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Free College Is Both Possible And Necessary

Posted on April 20, 2015 by markt

By Mike McCabe Blue Jean Nation (4/18/15) When it comes to the future of higher education in Wisconsin, state lawmakers are stuck in a rut, thinking only about whether spending in this area should be cut a little or a lot … Continue reading →

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Republicans Are Methodically Sinking The Hopes And Opportunity Of An Entire Generation

Posted on March 23, 2015 by markt

(Editor’s Note: Sen. Warren’s legislative attempt to reduce the burden of student debt through lower interest rates is a good start, but only at start. The United States of American needs to fund free public education pre-K through college. Education … Continue reading →

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Finally, Some Change We Can Believe In? Obama Calls For Two Years Of College For Free

Posted on January 14, 2015 by markt

By Scott Galindez Reader Supported News (1/12/15) Free college for everyone? Did I hear that right? In the United States, a nonprofit higher education? I must have just woken up from a dream. No, it’s true, the president has proposed … Continue reading →

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Obama To Propose Free Community College Program

Posted on January 9, 2015 by markt

By Kimberly Hefling The Associated Press (1/8/15) WASHINGTON (AP) — The White House on Thursday announced a proposal that President Barack Obama said would make community college “free for everybody who is willing to work for it.” But administration officials … Continue reading →

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Eating Our Young: Student Tuition Now Officially Pays More Than States For Public College Funding

Posted on January 6, 2015 by markt

(Editor’s Note: As states like Wisconsin and Kansas slash taxes on the wealthy support for education plummets sending students and the middle class into unprecedented debt leaving many priced out of higher education. The nation is literally devouring its young … Continue reading →

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Senate Democrats Demand Obama Administration Forgive Corinthian Students’ Debts

Posted on December 12, 2014 by markt

By Shahien Nasiripour The Huffington Post (12/10/14) A group of Senate Democrats has urged the Obama administration to forgive debts incurred by thousands of current and former students at troubled for-profit schools owned by Corinthian Colleges Inc. Thirteen Senate Democrats, … Continue reading →

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WTH!? Liberal Tom Harkin Wants To Take Money From College Students To Pay Reviled Loan Contractors

Posted on December 8, 2014 by markt

His solution is to take $303 million out of the Pell program, and give $269 million of it to private profit student loan servicers.  (Editor’s Note: It’s time the United States step up to it’s obligations to future generations and … Continue reading →

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