I'll be talking tomorrow to a bunch of students about income distribution, student loans, and other things of interest to the #OWS crowd. These are some graphs I've collected from other sources that I'll use. No time to write much analysis today. It's mostly just the graphs. From Paul Krugman: The true age of spectacular … Continue reading Quickie – Some Graphs
student loans
Banks Want to Do To Student Loans What They Did to Mortgages
On the heels of yesterday's post about student loans and their growth. I want you to know that Wall Street is hot on the problem. They've made a quiet proposal to the "supercommittee" that's supposedly addressing government deficits to have the government subsidize the banks via fees without creating any more student loans or taking … Continue reading Banks Want to Do To Student Loans What They Did to Mortgages
Student Loans and the Building Crisis
Student loans are gradually becoming a crisis. At the macro level, student loans are the only sector of consumer finance that is growing since the recession began 3 years ago. Federal student loans outstanding now total more than $1 trillion. That's more than total credit card debt. From Mybudget360.com: Student loan debt only segment of … Continue reading Student Loans and the Building Crisis
