Tag Archives: Education

There has been a lot of criticism of Biden’s student loan forgiveness among economists and policy journalists.  And the criticism is not limited to libertarian types, but extends to many economists who clearly care about debt relief, progressivity, and improving the quality and accessibility of higher education but who are nonetheless very critical of the substance of the policy. I find it hard to know what to think.  On the one hand, the policy...

Student Loan debt and how much of this may shake out. Pretty simple when you look into the this for now. Student Loan by Borrower Age The data above is taken from the National Student Loan Data System (NSLDS). A database maintained by the U.S. Department of Education to aggregate loan and grant data for all students who utilize federal funds to pay for school. There are different formats shown by this site (delinquency, etc.). ~~~~~~~~~...

Some pretty interesting articles this week. I like the one about Alito. With trump, I can not figure out what was in his mind when he walked off with boxes of classifies documents. You are I would be in jail right now. Usual stuff about student loans. The $10,000 on many of these loans will go to pay fee, interest, penalties and consolidation fees. What will me left is more of the same and few dollars will get to relieve the original loan amounts. No...

Let’s answer the question. I am going to break this up into several segments as it takes into consideration multiples of people, income, etc. I think it will be easier to absorb. A well-known expert in MIchigan has put together the answers. This is Part 1 – Single Individuals “How much does the #IRA lower YOUR health insurance premiums? A case study in Virginia” | ACA Signups. Charles Gaba, 08/24/2022 Some History Back in 2019, long before...

“August 27, 2022,” Heather Cox Richardson, (substack.com) In a speech Thursday night, President Joe Biden called out today’s MAGA Republicans for threatening “our personal rights and economic security…. They’re a threat to our very democracy.” When he referred to them as “semi-fascists,” he drew headlines, some of them disapproving.A spokesperson for the Republican National Committee called the comment “despicable,” although Republicans have...

America is the land of equal opportunity. Well, yeah, truth be, your odds are little bit better if your parents can afford to send you to a good university. Other that, it’s even stephen. What if those who weren’t born to means could borrow the money? That would almost be as good, no.? Before 1965, if they went to their friendly banker, he asked them if they or their family had an account at the bank. If the answer was that their parents did have...

First warnings — as usual I am writing on a topic discussed by many experts and I am not an expert. It is very often debated whether social welfare programs should be means tested (available only to people with low income or to people with low income and low wealth). An alternative is universal programs which are provided also to high income people (Medicare, Social Security old age and survivor pensions, K-12 public school, police protection, fire...

All the delays in getting to this point. I certainly was not fooled. Biden has an extensive history of believing students will renege on their loans, when there was no evidence to support his contention early-on. By early, let go back to 1978 (link is provided). I have added other Angry Bear links to build a foundation for my words. Amateur Socialist brought up a point at Naked Capitalism, which makes sense: Reading through the comments I’m...

Coronavirus dashboard for August 24: the post BA.5 wave respite In general, things are headed in the right direction for now in the pandemic. BIobot’s latest wastewater update from one week ago shows a 1/3rd decline in COVID particles nationwide. Here’s the regional breakdown: The West, spearheaded by CA, is down 50%, and the South 33%. The Midwest is down the least, perhaps due to the larger % of BA.4.6 in that area. Speaking of which,...

In each of the coming years, we will see more floods destroy billions upon billions of dollars worth of property, crops, and infrastructure, and take hundreds of lives; more frequent, more deadly, tornadoes and hurricanes that will do the same; an increasing lack of water for crops cause food shortages and higher food prices, which will lead to more people going hungry, starving. Before long, in America, we will begin to see the lack of water cause...