student loan debt Archives - Market Mad House

daniel September 12, 2018 Bank on Students Emergency Loan Refinancing Act, private student loans, Senator Elizabeth Warren, student loan debt, Students Emergency Loan Refinancing, with Direct and Federal Family Education Loan (FFELP) loans

Understanding The Bank on Students Emergency Loan Refinancing Act and Its Impact

The bill proposed by Senator Warren addressed this issue in two key ways. First, it would allow eligible borrowers to refinance their federal student loans through a federal refinancing program. For example, borrowers with Direct and Federal Family Education Loan (FFELP) loans would have been able to refinance to the lower interest rates of 2013-2014.

Second, borrowers who were in good standing would have been able to refinance private student loans through the same federal program and receive the 2013-2014 rate. Any private student loans refinanced into federal student loans would be given all of the protections of the federal student loan program.

Market Insanity

daniel November 14, 2017February 16, 2020 An astonishing 49.8% of Millennials said they would give up the right to vote in the next two presidential elections in exchange for student-loan forgiveness, Around 43.6% said they would give up ridesharing apps like Lyft and Uber in order to get student loans forgiven., Credible, student loan debt, Student Loan Debt Explains Bernie’s Popularity, Student Loan Debt it is worse than you think, The Student Loan, The Student Loan Crisis is worse than You Think, U.S. Senator Bernie Sanders (I-Vermont)

The Student Loan Crisis is worse than You Think

An astonishing 49.8% of Millennials said they would give up the right to vote in the next two presidential elections in exchange for student-loan forgiveness, a Pollfish survey conducted by the loan refinancer Credible found.

Market Insanity

daniel August 20, 2015March 19, 2021 Bernie Sanders, Corinthian Colleges, Donald Trump is a con man, Federal Family Education Loan Program, FFELP loan, Hillary Clinton, Hillary took money from private college, Jeb Bush took money from private college, Private Colleges Make Matters Worse, Rubio took money from Private College, Student Loan Apocalypse, student loan debt, Student Loan Lawsuit, Student Loans on Shaky Ground, Subprime Student Loans, Trump University

Bond Investors Starting to Dump U.S. Student Loan Debt as Too Risky

It looks as if a student loan meltdown could be imminent. That could be bad news for the economy because the amount of student loans in the United States now exceeds the amount of credit card debt.

My Thoughts

daniel February 23, 2015April 20, 2018 debt, debt peonage, debts, Income Inequality, lending, lending club, mortgages, student loan crisis, student loan debt, student loans, subprime mortgages

It Is Easier to Pay off a Mortgage than Student Loan Debt

tudent loan debt is now the most insidious and destructive form of obligation in America. It’s worse than mortgages and possibly even a greater threat to economic stability and individual futures than subprime mortgages were.

Politics

daniel November 21, 2014February 13, 2015 crazy dream word, debt, financial crisis, insantiy, student loan debt, stupidity

Student Loan Debt a False Crisis that could easily be Solved

Since it is obvious that a large percentage of that student loan debt is probably uncollectable, allowing borrowers to get rid of it through bankruptcy would be the best solution. The problem is that colleges don’t want to do that because they don’t want to admit that their degrees are worthless.