click tracking
sdc-admin : Student Debt Crisis

Author Archive: sdc-admin

rss feed

Good Luck Getting Guidance from the Department of Education

| July 22, 2014 | 0 Comments
Good Luck Getting Guidance from the Department of Education

The New Student Loan Fixers A few years ago, a man in his late 20s, who prefers not to be named, felt he was drowning in his student debt. He took out federal loans as an undergraduate, and then borrowed more money to go to law school. He was a smart guy, and after he […]

Continue Reading

Suit: Companies Duped Victims Struggling With Student Loan Debt

| July 18, 2014 | 0 Comments
Suit: Companies Duped Victims Struggling With Student Loan Debt

Two companies that promised to help Americans struggling with student loan debt instead allegedly pocketed their money and did little or nothing to help them, in a scheme that one state regulator warned is an emerging area of fraud nationwide. Illinois Attorney General Lisa Madigan filed lawsuits Monday against the companies, First American Tax Defense […]

Continue Reading

#FlipADistrict – #FireKline

| July 2, 2014 | 0 Comments
#FlipADistrict – #FireKline

Last month, we nominated Representative John Kline for Bill Maher’s #FlipADistrict campaign, and emailed YOU, to vote. The result? Rep. John Kline skyrocketed to first place. Last Friday, Bill Maher announced the second round of voting for the FINAL FOUR. It’s because of YOU that we have gotten this far… and we can’t win without […]

Continue Reading

‘Student Loan Relief Now’

| July 1, 2014 | 0 Comments
‘Student Loan Relief Now’

My father is one of the reasons that student loans cannot normally be discharged via bankruptcy. Such an outcome was never his goal: quite the opposite, in fact, because exempting student debt from bankruptcy relief makes little economic sense and is patently unfair to the students saddled with such debt. A sensible reform of this […]

Continue Reading

End the Era of the C.E.O. College President

| July 1, 2014 | 0 Comments
End the Era of the C.E.O. College President

When a colleague posted the job ad for the president of the University of Alberta, I joked that we could split the job four ways and she’d still triple her salary. So we applied – with over 50 other academics – in groups of four. We wanted to highlight the gap between the rhetoric of austerity at […]

Continue Reading

Harkin Opens Door To Bankruptcy Option for Student Loans

| June 30, 2014 | 0 Comments
Harkin Opens Door To Bankruptcy Option for Student Loans

A top Senate Democrat is set to unveil legislation Wednesday that would allow a small portion of Americans’ student debt to be discharged through bankruptcy proceedings, a measure that would likely hit the profits of private lenders. The bankruptcy option is part of a long-awaited bill on federal higher-education policy from Sen. Tom Harkin (D., Iowa), chairman […]

Continue Reading

Things You’ll Learn About Colleges From Watching The ‘Ivory Tower’ Documentary

| June 30, 2014 | 0 Comments
Things You’ll Learn About Colleges From Watching The ‘Ivory Tower’ Documentary

The new documentary “Ivory Tower,” by filmmaker Andrew Rossi, explores the growing student debt crisis, and how colleges got to a point where they’re spending millions to put in country club-like facilities on campus. The film is thought-provoking, to say the least, but we thought we’d pull out just a few takeaways from the movie: […]

Continue Reading

Wisconsin Students Support Loan Refinancing Plan

| June 30, 2014 | 0 Comments
Wisconsin Students Support Loan Refinancing Plan

We are three University of Wisconsin-Madison students soon to be graduating who face entering the workforce with negative worth. Collectively, we hold over $60,000 in student debt and we are currently without the ability to refinance our debt at lower interest rates. According to the UW-Madison Office of Student Financial Aid, the average undergraduate here […]

Continue Reading

Study: Education Gap for African-Americans

| June 30, 2014 | 0 Comments
Study: Education Gap for African-Americans

Six years after the Great Recession, young black Americans still have a disproportionately high unemployment rate—16.6 percent—and need to attain two additional levels of education to have the same likelihood of obtaining a job as their white counterparts. Members of the University of California, Merced, Class of 2009 listen as first lady Michelle Obama delivers the […]

Continue Reading

The Student Debt Crisis is REAL

| June 28, 2014 | 0 Comments
The Student Debt Crisis is REAL

The Brookings Institute Institution (!!!) is here to tell you that the whole fable of debt-panicked young people in America is a lie! And their study comes complete with a huge announcement in the New York Times, which puts a rather snide slant on the whole thing. It’s all in your head, millennials! “Only 7 […]

Continue Reading