We need more national debate on this issue of student debt. Not just how to solve, but if it is the right solution to education at all. ====== Kate Bachelder – June 13, 2014 6:41 p.m. ET Student debt in the U.S. now tops $1.2 trillion, spread among 37 million borrowers, 5.4 million of whom have already defaulted. Washington took notice this... Read more
Archive for the ‘Debt’ Category
What ‘Hard Work U’ Can Teach Elite Schools
May 20 | Posted by mrossol | American Thought, DebtVery solid model. ============== May 16, 2014 6:15 p.m. WSJ – Point Lookout, Mo. ‘We don’t do debt here,’ says College of the Ozarks President Jerry C. Davis. Looking for the biggest bargain in higher education? I think I found it in this rural Missouri town, 40 miles south of Springfield, nestled in the foothills of the Ozark Mountains. The school is College of... Read more
How Britain Returned to Growth
December 17 | Posted by mrossol | Big Govt, Debt, Economics, Tax IssuesWhat could a Brit know ??? ======= As the U.S. and Britain recover from the Great Recession, the question being asked of advanced economies like ours is this: Do we now face secular stagnation and long-term decline, so that it simply won’t be possible to promise the next generation better lives than our own? Having met with policy makers and business leaders in... Read more
Confessions of a Quantitative Easer
November 20 | Posted by mrossol | American Thought, DebtNot the final word, but will YOUR totally ignore this guy? ====== By Andrew Huszar Nov. 11, 2013 7:00 p.m. ET I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a... Read more
Don’t Abandon the Sequester
October 19 | Posted by mrossol | American Thought, Debt, SequesterRepublicans aren’t the dumbest politicians there are, but they’re in the running… Especially if they lose this advantage. ============ The way the budget showdown is going, Democrats may soon require the Republicans to pay ransom before they’ll allow the GOP to reopen the government and raise the debt ceiling. That’s how badly the party’s Ted Cruz faction has messed up the politics... Read more
