Category Archives: Students debts

Are Student Loans Immoral?

Millions of grads are saddled with unpayable student loans, yet colleges still say they’re a sound investment. NYU professor Andrew Ross asks if it’s time to stop repaying the loans. Straight talk about the crushing burden of student debt is … Continue reading

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Is College a Lousy Investment?

Mythomania about college has turned getting a degree into an American neurosis. It’s sending parents to the poorhouse and saddling students with a backpack full of debt that doesn’t even guarantee a good job in the end. With college debt … Continue reading

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The Higher Education Bubble

Student loans are one of the biggest problems facing our country at the moment. Thousands of students attend university and even if they drop out, students still end up with mountains of debt. This debt can follow them throughout their … Continue reading

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College has been oversold

Educated people have higher wages and lower unemployment rates than the less educated so why are college students at Occupy Wall Street protests around the country demanding forgiveness for crushing student debt? The sluggish economy is tough on everyone but … Continue reading

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Just Don’t Go, the Sequel?

This brings me to my second point, the massive increase in student debt, triggered in a large part by the fact that college tuition continues to rise at a rate much higher than the cost of living. According to CNN, … Continue reading

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Occupy College

The debt-for-diploma system is just one of the many ways it has gotten harder for this generation to either work or educate their way into the middle class. A handmade sign at Zuccotti Park summed it up perfectly: “I went … Continue reading

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Student-Loan Default-Rate Climbs as Economy Falters

As students carry off more debt after college and venture into the recession-beaten job market, it’s no surprise that more are defaulting on their student loans. In the 2009 fiscal year, the “cohort default rate” on student loans climbed to … Continue reading

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