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Tag Archives: Education

Teacher with $300M of Student Loan Debt Says $10,000 is a Drop in the Bucket

“Teacher With $303K Student Debt Says Biden’s $10K Relief Plan Not Enough” (businessinsider.com) Finally, I am seeing various publications (Business Insider, etc.) writing about accrued interest on student loans. Interest on the principal and also the interest. This particular article also touches upon Deferred Student Loans and the resulting paying the interest first before touching principal. This is much of what I have pointed out previously...

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A Deadline Passes and Stalin Is Exchanged For Peter The Great

A Deadline Passes And Stalin Is Exchanged For Peter The Great, Barkley Rosser, Econospeak  I am not all that much into posting about the ups and downs of the Special Operation in Ukraine, but it seems that there has been one of those lines crossed. While it was not widely publicized, June 10 was apparently a deadline set by V.V. Putin for Russian forces to conquer Severodonetsk.  While reportedly they control a solid majority of that now mostly...

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Why $10,000 of Student Loan Relief will not Help

I have been bugging Alan at Student Loan Justice to talk more about Student Loan interest, etc. accumulating on these loans. As you can see it is not unusual to accumulate more interest or other costs than the original loan amount. It is also not unusual for the servicer to collect interest before paying down the principal. These loans will be with these people forever and to their graves. I do not know of any consumer loans...

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Armed Woman Engaging a Shooter

According to Charleston, VA Police; Instead of running from the threat, an armed woman engaging a shooter probably saved several lives the other night, Police: Woman killed man who fired rifle into party crowd in West Virginia, (msn.com) “CHARLESTON, W.Va. (AP) — A woman in West Virginia fatally shot a man who began firing an AR-15-style rifle into a crowd of people that had gathered for a party, authorities said. Dennis Butler, 37, was...

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Another view of the student loan debt crisis

I have worked with Alan Collinge and Student Loan Justice Org. for at least a decade on student loan bankruptcy. This article was taken from the Tallahassee Democrat. This article has some numbers on who is impacted, which has been presented, and largely ignored here and other places. United States Senator Elizabeth Warren (D-Mass.) and Senate Majority Leader Chuck Schumer (D-N.Y.), and Congresswoman Ayanna Pressley (D-Mass.) led their colleagues...

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Corinthian College Inc. Student Loan Debt Forgiveness

Student Loan Debt Forgiveness for half a million students from Corinthian Colleges (cnbc.com) An approximate 560,000 Corinthian College Inc. former students will have their loan balances forgiven as announced by U.S. Secretary of Education Miguel Cardona. “As of today, every student deceived, defrauded, and driven into debt by Corinthian Colleges can rest assured that the Biden-Harris administration has their back and will discharge their...

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Review of “The Prophet” by Isaac Deutcher

“Until we are done with the ironies of history (because they will never be done with us), the image of Trotsky will not dissipate.”~Christopher HitchensI’ve had a lifelong fascination with socialism, communism and the Cold War. This probably springs from having grown up during the Cold War at nuclear ground zero for World War III. Also contributing was that I came of age near the end of the Vietnam War, a proxy war between the US and the USSR into...

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A Woman’s Right to Safe Healthcare Outcomes

In April 2019, “I finished an article entitled A Woman’s Right to Safe Healthcare Outcomes.” I spent six weeks reading about this for a group which asked me to write on it from a male’s perspective. It took me all of that time. I could have doubled the size of the article I wanted to write to get the information out there. There was much to be said about the dangers women face becoming pregnant and giving birth. What prompted the resurrection of...

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Making the physician sausage

I started teaching medical students in 1988 and have been an instructor and course director for one or more first-year med school courses continuously since 1990. When I started, there were two full years of pre-clinical course-work. Now we’re down to a year and two-thirds and there are plans to shrink further. Some medical schools in the US already only have a single pre-clinical year. Personally, I thought the pre-clinical lectures and exams...

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History of Discharging Student Loans in Bankruptcy

Introduction to Bankruptcy Discharge for Student Loans I know the image on the right, my other right is small. To enlarge it, click on the picture. A plus sign may show up to make it even larger. I have been following the student loan crisis (and it is such) well over a decade. I have engaged certain politicians on the issue in public. I have worked with Alan Collinge at Student Loan Justice Org for well over a decade. He is in...

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